Summary
In his first months of his second term, President Trump has focused on making financial promises that don't need new laws. He often uses social media to announce ideas like 50-year mortgages and payments to people. Most of these ideas are easy to change or reverse because they are not backed by new laws.
Key Facts
- President Trump signed fewer bills into law than other presidents at the same point in their terms.
- Trump's political party controls both the presidency and Congress.
- Trump often announces financial ideas on social media without new laws to back them.
- He suggested a 50-year mortgage to make housing more affordable.
- Trump proposed $2,000 payments to individuals, which he changes details about frequently.
- The Supreme Court might cancel tariffs because they are not part of new laws.
- Trump's ideas can be easily reversed if they are not made into laws.
- He pressures companies to lower drug prices without seeking new laws.
