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trump-rescinds-biden’s-order-on-promoting-economic-competition
Trump Rescinds Biden’s Order on Promoting Economic Competition

Trump Rescinds Biden’s Order on Promoting Economic Competition

Last updated: August 14, 2025 9:47 pm
By
Jacob Burg
1 Min Read
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Trump Rescinds Biden’s Order on Promoting Economic Competition

President Donald Trump signs an executive order in the Roosevelt Room of the White House on July 31, 2025. Anna Moneymaker/Getty Images

President Donald Trump signed a brief executive order on Aug. 13 revoking an order from his predecessor that directed agencies to crack down on anti-competitive practices in industries such as pharmaceuticals and labor.

In July 2021, then-President Joe Biden signed an order urging federal agencies to address rising consumer costs, focusing on labor, health care, technology, and agriculture.

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TAGGED:BusinessEconomic PoliciesExecutive BranchPolicies & ImpactsUSUS NewsUS Politics
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