Trump's Spending Plans Target Huge Programs That Favored U.S. Industries. The Upshot For Chip Stocks, Energy And Construction.
President Donald Trump took all of one day to start digging at his predecessor's ambitious spending programs. Trump's "Unleashing American Energy" executive order, signed on his first day in office, directed federal agencies to pause disbursements under two of former President Joe Biden's signature bills that piled on spending for domestic manufacturing and infrastructure.
