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Presidential Memorandum

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

This January 20, 2025 memorandum directs all executive department and agency heads to deliver emergency price relief to American families by lowering housing costs, reducing healthcare administrative expenses, eliminating appliance regulations, creating jobs, and rolling back climate policies affecting food and fuel prices. The Assistant to the President for Economic Policy must report on implementation status every 30 days starting 30 days from signing.

Federal Register Open PDF 90 FR 8245

Impact dates

  1. Subsequent reports on implementation status due

  2. First report on implementation status due

Key directives

  • Pursue actions to lower cost of housing and expand housing supply
  • Eliminate unnecessary administrative expenses and rent-seeking practices that increase healthcare costs
  • Eliminate counterproductive requirements that raise costs of home appliances
  • Create employment opportunities for American workers, including drawing discouraged workers into labor force
  • Eliminate harmful, coercive 'climate' policies that increase costs of food and fuel
  • Assistant to the President for Economic Policy to report every 30 days on implementation status

Who is ordered

Timeline

Immediate

  • Memorandum issued to all agency heads
  • Directive to pursue emergency price relief across multiple sectors

Near term (90d)

  • First 30-day report due February 19, 2025
  • Subsequent 30-day reports ongoing
  • Agency actions to lower housing costs and expand supply
  • Elimination of appliance cost-raising requirements
  • Rollback of climate policies affecting food and fuel

Long term

  • Potential structural reduction in regulatory costs
  • Housing supply expansion
  • Healthcare cost restructuring through administrative reduction
  • Shift in energy and vehicle regulatory framework

Risks & tensions

  • Vague 'consistent with applicable law' qualifier may limit agency action scope
  • No specific regulatory actions identified for elimination; implementation depends on agency interpretation
  • Claims of $50,000 regulatory cost burden and $11,000 first-term reduction are presented without citation or independent verification
  • Housing supply expansion may conflict with local zoning authority
  • Climate policy rollback tensions with environmental groups and potential litigation
  • Healthcare 'rent-seeking' framing lacks specificity for actionable targeting
Presidential Memorandum: Delivering Emergency Price Relief for American Families and Defeating the Cost-of-Living Crisis · Executive Orders