Dept. of the Treasury

Repeal the Corporate Transparency Act.

Note: Treasury announced it is permanently halting the collection of data about the ownership of private American companies that was required as part of the 2021 Corporate Transparency Act.

Reverse the Inflation Reduction Act's expansion of the IRS.

Note: Trump is laying off 6,000 IRS employees; Congress eliminated new funding for tax enforcement.

Reduce the estate and gift tax.

Note: Enacted as part of reconciliation bill.

Reverse support for consideration of environmental, social, and governance principles.

Note: Trump rescinded a Biden order directing an evaluation of climate-related financial risk.

Withdraw from the Paris agreement and United Nations Framework Convention on Climate Change.

End financial support and withdraw from the OECD.

Note: Trump withdrew from the OECD's global tax deal.

Reduce corporate income tax rate.

Note: Reconciliation bill permanently lowers corporate tax rate to 21% (P2025 calls for 18%).

In Progress

Close the Office of Equity, Diversity, and Inclusion; treat the participation in any DEI initiative as per se grounds for termination.

Wind down and privatize Fannie Mae and Freddie Mac.

Enact a two-income tax bracket system (would raise taxes by $3,000 for the median family of four).

Repeal key sections of Dodd-Frank.

Eliminate the Climate Hub office.

Cease funding to and withdraw from the World Bank and International Monetary Fund.

Limit employee benefits by setting a cap on untaxed benefits that employers can claim as deductions.

Eliminate the U.S. Trade and Development Agency.