First Day in Office for the Nation’s 47th President Brings a Flurry of Executive Actions

One day after being sworn in as the 47th President of the United States, President Donald Trump began his return to the Oval Office by signing what has been described as a “blitz of policy actions to reorient the U.S. government.” “Trade, immigration, the environment, and U.S. foreign aid to demographic diversity, civil rights and the hiring of federal workers were among the issues covered in the numerous executive orders that President Trump signed — some of which could have an impact on the real estate industry. Cited examples are those orders signed related to the federal workforce, which could determine office space needs such as the order to officially establish the Department of Government Efficiency, focused on cutting government waste, calling federal workers back to the office, while putting a freeze on hiring and new regulations and ordering an overhaul of the government’s hiring process. Another executive order targeted housing costs by cutting regulations and expanding supply, indicating that a recent analysis revealed that “25% of the cost of constructing a new home is due to regulatory requirements.” As the days progress, President Trump reportedly stated that he plans to “sign-off on nearly 100 executive actions aimed at rolling out his second-term agenda.”

Source:    https://apnews.com/article/what-has-trump-done-trump-executive-orders-f061fbe7f08c08d81509a6af20ef8fc0