Breaking News
0
Ad-Free Version. Subscribe now to follow markets, faster and distraction-free. More details

Biden plans 'roughly a dozen' Day One executive actions: aide

EconomyJan 16, 2021 17:00
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. U.S. President-elect Joe Biden outlines coronavirus vaccine administration plan during news conference at transition headquarters in Wilmington, Delaware

By Trevor Hunnicutt

WILMINGTON, Del. (Reuters) - U.S. President-elect Joe Biden will cap a busy day of inauguration pageantry by using the powers of his new office to push policy changes on housing, student loans, climate change and immigration, a top aide said on Saturday.

Biden, who campaigned on a raft of promises to undo President Donald Trump’s legacy even before the novel coronavirus pandemic walloped the nation, will unveil “roughly a dozen” previously promised executive actions on Wednesday, incoming Biden chief of staff Ron Klain said in a memo distributed to reporters.

The actions to be taken on Wednesday include rejoining the Paris climate accords, reversing a travel ban on several majority Muslim countries, extending a pause on federal student loan payments, halting evictions and foreclosures, as well as mandating masks in inter-state travel and on federal property.

All of the measures were previously announced.

Most of the measures are a reversal of policies Trump pursued and do not require congressional action. But Biden will also unveil a long-expected immigration proposal that would provide a pathway to citizenship for millions of undocumented immigrants that does require congressional action.

That measure, as well as Biden’s recent proposal for $1.9 trillion in spending on COVID vaccinations and economic stimulus, face uphill battles in a Congress narrowly controlled by Biden’s fellow Democrats.

A broader set of Biden’s “Day One” promises will be executed over the following nine days after inauguration, Klain said. Those measures include expanding COVID-19 testing and directing the government to favor American-made goods when it makes purchases.

“President-elect Biden is assuming the presidency in a moment of profound crisis for our nation," Klain said. “During the campaign, President-elect Biden pledged to take immediate action to start addressing these crises and build back better.”

Biden plans 'roughly a dozen' Day One executive actions: aide
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email