Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.

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,

Incoming White House officials said the presidential memorandum would outline an all-of-government approach to bringing down prices for consumers.

President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.

Trump’s nominee to lead the Office of Management and Budget has refused to say Trump will follow the law that forbids him from blocking funds.

“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.

In his first day in office, President Donald Trump initiated a 90-day review of aspects of the Inflation Reduction Act and the Infrastructure Investment

Trump promised tariffs on Day 1, yet no tariff policies have been announced so far. But a federal government hiring freeze has been enacted.

President Donald Trump told supporters during his Emancipation Hall speech that immigration, not inflation, was key to his second election win.

Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation. But it's unclear whether his orders will be ...