Trump's First Day in Office: Immigration Policy and Crypto Regulation

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by Giorgi Kostiuk

2 years ago

Donald Trump enters the Oval Office with clear plans for his first day of presidency. Key focuses include immigration measures, strengthening cryptocurrency positions, and changes in energy policy.

Immigration Measures and Wall Construction

The president's main focus will be on immigration issues. Plans include tightening border controls, ramping up deportations, and cutting funding to sanctuary cities unless they drop protections for undocumented migrants. Unfinished wall sections at the border will receive a federal mandate for completion.

Labor and Energy Policy

Trump intends to impose a federal hiring freeze and bring employees back to offices. The energy policy will also be proactive, with new drilling permits being issued for federal lands. In addition, there is an expected freeze on regulations introduced during Biden's tenure.

Cryptocurrency Initiatives

A significant part of Trump's agenda will involve crypto regulation. He has pledged to make the US the 'crypto capital of the planet' and plans to establish a national strategic bitcoin reserve. Major initiatives in support of the crypto industry could emerge within the first 100 days. Trump will appoint new crypto-friendly regulators in his administration.

Trump's initial moves in his new presidential term promise to be decisive and will spark extensive discussions. His initiatives could significantly impact the financial and political landscape both in the US and abroad.

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