A look at ‘crypto president’ Donald Trump’s Day One agenda

Donald Trump isn’t wasting a second. As he steps into the Oval on January 20, his plans are nothing short of an executive blitzkrieg.

From shutting down borders to unleashing new crypto-friendly policies, the man who branded himself the “crypto president” is coming in hot with a Day One agenda designed to shake Washington to its core.

Trump has a reputation for showmanship, and he’s treating the first hours of his presidency as a grand stage. Immigration is at the top of his agenda. His executive orders will tighten border restrictions, ramp up deportations, and starve sanctuary cities of federal funding unless they drop their protections for undocumented migrants.

And let’s not forget the border wall. Yes, the unfinished portions will see a federal mandate to “get it done,” as Trump’s team phrases it. It’s a decision that guarantees headlines — and perhaps lawsuits. But the man’s got a full plate, and he’s digging in.

Trump’s workforce overhaul and energy push

If you thought work-from-home was here to stay, think again. Trump is dropping the hammer with a federal hiring freeze and a strict mandate to bring employees back to the office.

Elon Musk, who now heads the Department of Government Efficiency, has been advocating for this, and Trump seems more than happy to oblige.

Unions, though, could become a thorn in his side. A large chunk of the federal workforce is unionized, and they’re unlikely to take this sitting down. Still, Trump’s team seems ready for the fight.

On energy, the playbook is equally aggressive. Day One will see new drilling permits for federal lands, an action that is sure to infuriate environmentalists but thrill the oil and gas sectors. And then there’s the regulatory freeze.

Any rules introduced by Biden but not yet finalized will be put on hold, effectively killing them. It’s a page straight out of Biden’s own book, as he did the same thing when he took office. Call it poetic justice or just politics; either way, it’s happening.

Chief of Staff Susie Wiles has downplayed the importance of the first 100 days, calling it an artificial metric. But make no mistake, Trump’s team knows these first two years are make-or-break. They’re gunning for rapid wins before the midterms potentially disrupt their plans.

Crypto takes center stage

Now, let’s get to the juicy part:- crypto. Trump made a spectacle with Bitcoin during his campaign by promising to make America the “crypto capital of the planet.” The industry took note, and they’ll be knocking on the White House door, asking him to deliver.

Executive orders are expected to roll out within the first 100 days, with some insiders saying Day One could see a major announcement. The most-anticipated decision is the launch of a national Bitcoin strategic reserve.

The plan would require the Treasury to spend $21 billion over a year to acquire Bitcoin as a strategic reserve asset. The new administration’s crypto-friendly lineup is also raising eyebrows.

Paul Atkins, a longtime crypto advocate, will chair the SEC, and David Sacks, dubbed the “crypto czar,” will oversee White House policy. There is also a White House Crypto Council, headed by Bo Hines. All of these represent a big change from Biden-era regulators, who cracked down on the industry with relentless scrutiny.

Trump has promised to address one of crypto’s biggest complaints: access to banking services. Many companies were locked out of traditional financial systems due to regulatory fears.

He has vowed to stop banks from “choking” crypto companies, though experts warn that executive orders might lack the legal muscle to force independent regulators to play ball. Still, the signal is clear — crypto will no longer be treated like a second-class industry.

Trump’s team is also working on an executive order to lay out core principles for crypto regulation. Think of it as a roadmap for the future, one that he promises will “balance innovation with oversight.”

This isn’t uncharted territory for Trump. Back in 2017, he issued a similar order directing regulators to review outdated banking rules. The result was a more streamlined approach that many in the industry praised. If he can pull off something similar for crypto, it would be a game-changer.

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Source: https://www.cryptopolitan.com/crypto-president-donald-trump-day-one-agenda/

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