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[Federal Register Volume 90, Number 17 (Tuesday, January 28, 2025)]
[Presidential Documents]
[Pages 8245-8246]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2025-01904]



                        Presidential Documents 



Federal Register / Vol. 90, No. 17 / Tuesday, January 28, 2025 / 
Presidential Documents

[[Page 8245]]

                Memorandum of January 20, 2025

                
Delivering Emergency Price Relief for American 
                Families and Defeating the Cost-of-Living Crisis

                Memorandum for the Heads of Executive Departments and 
                Agencies

                Over the past 4 years, the Biden Administration's 
                destructive policies inflicted an historic inflation 
                crisis on the American people. The Biden Administration 
                not only exploded Government spending, artificially and 
                unsustainably stimulating demand, but it simultaneously 
                made necessary goods and services scarce through a 
                crushing regulatory burden and radical policies 
                designed to weaken American production. Hardworking 
                families today are overwhelmed by the cost of fuel, 
                food, housing, automobiles, medical care, utilities, 
                and insurance.

                In particular, the assault on plentiful and reliable 
                American energy through unnecessary and illegal 
                regulatory demands has driven up the cost of 
                transportation and manufacturing. In addition, the 
                unlawful regulatory mandate on companies to effectively 
                eliminate many or most gas-powered vehicles has 
                resulted in artificial price increases on those popular 
                vehicles to subsidize electric vehicles disfavored by 
                consumers.

                Moreover, many Americans are unable to purchase homes 
                due to historically high prices, in part due to 
                regulatory requirements that alone account for 25 
                percent of the cost of constructing a new home 
                according to recent analysis.

                In sum, unprecedented regulatory oppression from the 
                Biden Administration is estimated to have imposed 
                almost $50,000 in costs on the average American 
                household, whereas my first-term agenda reduced 
                regulatory costs by almost $11,000 per household. It is 
                critical to restore purchasing power to the American 
                family and improve our quality of life.

                I hereby order the heads of all executive departments 
                and agencies to deliver emergency price relief, 
                consistent with applicable law, to the American people 
                and increase the prosperity of the American worker. 
                This shall include pursuing appropriate actions to: 
                lower the cost of housing and expand housing supply; 
                eliminate unnecessary administrative expenses and rent-
                seeking practices that increase healthcare costs; 
                eliminate counterproductive requirements that raise the 
                costs of home appliances; create employment 
                opportunities for American workers, including drawing 
                discouraged workers

[[Page 8246]]

                into the labor force; and eliminate harmful, coercive 
                ``climate'' policies that increase the costs of food 
                and fuel. Within 30 days of the date of this 
                memorandum, the Assistant to the President for Economic 
                Policy shall report to me and every 30 days thereafter, 
                on the status of the implementation of this memorandum.
                
                
                    (Presidential Sig.)

                THE WHITE HOUSE,

                    Washington, January 20, 2025

[FR Doc. 2025-01904
Filed 1-27-25; 8:45 am]
Billing code 3395-F4-P
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