Key Takeaways Some of President Donald Trump's executive orders on his first day in office aimed to reduce housing and energy costs by reducing regulations and encouraging oil drilling.Housing and energy costs make up significant portions of household spending and inflation,

President Donald Trump has signed a flurry of executive actions on Day 1. He has repealed dozens of former President Joe Biden’s actions, begun his immigration crackdown, withdrawn the U.S. from the Paris climate accords and sought to keep TikTok open in the U.

Trump, who said he would not be a dictator “except for Day 1” of his presidency, signed a record number of executive orders on Monday.