Economy, finance, and budgets
Just as Americans gathered to vote in the 2020 presidential election, Donald Trump’s White House announced that it was finalizing the administration’s effort to pull the United States out of the Paris climate accords. A few days later, before media outlets had even declared him the winner, Joe Biden pledged that, under his administration, America would reenter that agreement.
And so it’s likely to go for the next four years. All modern presidents have used the administrative state and presidential executive orders to pursue their agenda. Biden can do a lot with his pen, and much of what he does will unravel Trump’s own legacy of using executive powers, largely as a deregulator. Biden promises to be a re-regulator, reimposing many of the mandates that the Obama administration originally engineered in areas as diverse as the environment, the workplace, unions, and immigration.