During a recent campaign rally in Albuquerque, New Mexico, former President Donald Trump announced his intention to create a new Cabinet position focused on reducing the cost of living if he is reelected. Trump emphasized that this senior member of his administration would be dedicated to utilizing all available federal government resources to address the issue.
Trump further stated that he would issue an executive order instructing federal agencies to eliminate regulations that he believes contribute to the rising cost of goods. While specific details regarding the targeted agencies and regulations were not provided during the rally, Trump expressed his commitment to taking immediate action upon assuming office.
Highlighting his stance on regulatory reform, Trump asserted that his administration had implemented a significant number of regulations, surpassing those of any previous president in the nation's history. The proposed executive order aims to provide emergency price relief to American citizens by streamlining regulatory processes and reducing the financial burden on consumers.
By focusing on reducing the cost of living through regulatory adjustments, Trump's initiative seeks to address economic concerns and enhance affordability for the American population. The creation of a dedicated Cabinet position underscores the administration's commitment to prioritizing this issue and implementing targeted strategies to alleviate financial pressures on individuals and households.
