Financial Services Executive Order Tracker
What the banking and financial services industry needs to know from the Trump Administration's Executive Orders

Financial Services Executive Order Tracker
What the banking and financial services industry needs to know from the Trump Administration's Executive Orders

The second Trump Administration has issued a surge of Executive Orders (EOs). This chart provides an overview of the EOs most likely to affect financial services. We also include links to DWT commentary on these topics, offering a deeper dive and what can be expected in the near future. DWT also posted a collection of longer-form insights reviewing a significant number of the EOs as part of the firm's New Administration Outlook resource.
Last Updated: April 2, 2025
Executive Order Tracker
EXECUTIVE ORDERS BY CATEGORY |
|||||
---|---|---|---|---|---|
Regulatory Reform |
7 |
Digital Assets |
2 |
Due Process |
1 |
AI |
1 |
Fintech |
1 |
Global Investment |
1 |
DATE |
TITLE |
EO |
CITE |
DESCRIPTION |
CATEGORY |
---|---|---|---|---|---|
3/25/25 |
Protecting America’s Bank Account Against Fraud, Waste, and Abuse |
14249 |
• Instructs the Secretary of the Treasury, in consultation with the Director of the Office of Management and Budget, to update guidance and enhance systems to ensure that all payments made by the government are subject to pre-certification verification processes established by the Secretary of the Treasury and conducted by agencies and the Department of the Treasury to combat fraud. |
Regulatory Reform |
|
3/25/25 |
14247 |
• Requires the elimination of paper checks for government disbursements including for intragovernmental payments, benefits payments, vendor payments, and tax refunds, by September 30, 2025. For additional commentary, see DWT Alert: |
Regulatory Reform |
||
3/6/2025 |
Establishment of the Strategic Bitcoin Reserve and United States Digital Asset Stockpile |
14233 |
• Establishes "Strategic Bitcoin Reserve" and "United States Digital Asset Stockpile," under the control of the Department of Treasury, capitalized respectively with all Bitcoin and other digital assets held by the Department of Treasury that were forfeited as part of criminal and civil asset forfeiture proceedings or in satisfaction of a civil money penalty imposed by an executive department or agency. |
Digital Asset |
|
2/19/2025 |
14219 |
• Directs agency heads to examine and provide to OIRA Administrator lists of regulations they administer that may have legal or constitutional flaws so that they may be considered for modification or rescission. |
Regulatory Reform |
||
2/18/2025 |
14215 |
• Requires that independent regulatory agencies submit for review all proposed and final significant regulatory actions to OIRA before publication in the Federal Register. |
Regulatory Reform |
||
2/11/2025 |
Implementing The President's "Department of Government Efficiency" Workforce Optimization Initiative |
14210 |
• Requires that agencies hire no more than one employee for every four employees that depart. |
Regulatory Reform |
|
2/3/2025 |
A Plan for Establishing a United States Sovereign Wealth Fund |
14196 |
• Directs Secretary of Treasury and Secretary of Commerce, in coordination with the Assistant to the President for Economic Policy, to develop and submit to the President a plan for the establishment of a sovereign wealth fund, with recommendations for funding mechanisms, investment strategies, fund structure, and governance model. |
Global Investment |
|
1/31/2025 |
14192 |
• Requires that for each new regulation proposed, at least 10 existing regulations must be eliminated to offset the costs. |
Regulatory Reform |
||
1/23/2025 |
Strengthening American Leadership in Digital Financial Technology |
14178 |
• Establishes the President's Working Group on Digital Asset Markets within the National Economic Council. |
Digital Assets, Fintech |
|
1/23/2025 |
Removing Barriers to American Leadership in Artificial Intelligence |
14179 |
• Revokes certain existing AI policies and directives that act as barriers to AI innovation to retain global leadership in AI. |
AI |
|
1/20/2025 |
14148 |
• Revokes 78 orders from the Biden Administration and thereby reinstates several actions and orders from the first Trump Administration. |
Regulatory Reform |
||
1/20/2025 |
Restoring Accountability To Policy-Influencing Positions Within the Federal Workforce |
14171 |
• Reinstates an employee classification called Schedule F, adopted but not implemented during Trump's first administration. |
Due Process |
New Administration Outlook: Helping you navigate post-election uncertainty in 2025 and beyond—insight and analysis from Davis Wright Tremaine attorneys.
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