On April 8, 2025, President Trump signed an Executive Order (EO) titled “Reinvigorating America’s Beautiful Clean Coal Industry.” This order aims to enhance the United States’ “economic prosperity and national security, lower the cost of living, and provide for increases in electrical demand from emerging technologies” by increasing domestic energy production via coal. The order emphasizes coal’s role in lowering electricity costs, stabilizing the grid, creating high-paying jobs, and supporting burgeoning industries.

On April 24, 2025, the Federal Reserve Board (Board) announced that it had withdrawn key supervisory guidance published during the prior Administration that, for more than two years, had constrained state member banks and other Board-supervised banking organizations from engaging in digital asset activities.