During his first day in office, President Donald Trump issued several executive actions and orders, including rescinding 78 executive actions implemented by the Biden administration. They covered various subject areas from ending birthright citizenship to declaring a national emergency on the U.S.-Mexico border and rolling back certain Biden environmental and climate regulations.

The latter gives the business community a taste of what will come from Trump’s expected regulatory touch. One common trait the business community – and CRE in particular – disliked about the Biden Administration was its approach to regulation. Goldman Sachs CEO David Solomon, for example, recently said that the Biden administration's regulatory policies have led to hesitation among CEOs regarding new investments.“[The Trump administration] has sent a clear message that they want to back that off,” he said.

Trump unveiled an ambitious deregulation plan for his potential second term during his campaign. The proposal represents one of the most extensive deregulatory efforts in U.S. history, aiming to dramatically reduce government oversight across various sectors of the economy.