Presidential Message on Second Chance Month

Source: United States White House

For 250 years, America has stood as a Nation that believes in the potential of its people.  We are built on hope, hard work, and the enduring promise that individuals can learn from their mistakes, grow in character, and move forward with purpose.  This Second Chance Month, my Administration remains committed to supporting pathways to redemption, strengthening safer communities, and ensuring that those who take responsibility and seek to rebuild their lives have the chance to succeed.

During my first term, I proudly signed the First Step Act into law—enacting historic criminal justice reforms to lessen harsh disproportionate sentencing for nonviolent criminals, reduce recidivism, and provide second chances for individuals reentering society.  Upon returning to office, for the first time ever, I appointed a White House Pardon Czar to lead our clemency efforts with a clear focus on both opportunity and accountability.  The safety of our communities remains my top priority in every pardon recommendation, but the story of America is filled with individuals who have demonstrated real change in their hearts and earned a second chance.  We are committed to giving those people the opportunity to rebuild their lives, supported by resources like faith-based guidance, mental health support, and access to good-paying jobs so they can make better choices, give back to their communities, and build a better future. 

This month, we reaffirm that the strength of our Nation is rooted in the power of transformation and renewal.  Together, we will uphold justice, defend the rule of law, and place the blessings of freedom and opportunity within reach for every citizen willing to strive for them.

National Fallen Firefighters Memorial Weekend, 2026

Source: United States White House

class=”has-text-align-center”>BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

This National Fallen Firefighters Memorial Weekend, our Nation honors the brave volunteer and career firefighters who have sacrificed their lives in the line of duty — with special reverence for those we have lost over the past year — whose courage and devotion to their communities will never be forgotten.  We carry their memories forward in gratitude along with the enduring promise of a Nation forever changed by their sacrifice.

Every day across our great country, firefighters answer the call when it matters most, rushing into danger to protect lives, homes, and communities.  Through fires, disasters, and emergencies, they demonstrate an unwavering commitment to the safety and well-being of their fellow Americans.  Their bravery and dedication make our Nation stronger, and we are safer because of them.  

This weekend, we hold the families, friends, and loved ones of our fallen fire heroes — many of whom are gathered on the beautiful campus of the National Fire Academy at the National Fallen Firefighters Memorial Park in Emmitsburg, Maryland — to grieve together, share cherished memories, and find strength in the enduring legacies of those they have lost.  Their grief is truly immeasurable, and we reaffirm our solemn mission to ensure that the names and memories of their loved ones remain forever enshrined in the hearts of our citizens.

As we reflect on the lives of our Nation’s fallen firefighters, we are reminded that gratitude must be matched by action.  It remains our country’s solemn obligation to provide the heroes of emergency response with the training, equipment, and resources they need to do their jobs well and return home safely to the peace and comfort of those who love them.  My Administration remains steadfast in our commitment to unequivocally supporting those who protect us every day.  Under my leadership, we will never waver in that incredible responsibility.

This weekend, we remember these heroes with solemn reverence and grateful hearts, unite ourselves with those who grieve their passing, and pledge that we will always carry forward the remarkable spirit of service that America’s fallen firefighters championed until their last breath.

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim May 2 through May 3, 2026, as National Fallen Firefighters Memorial Weekend.  On Sunday, May 3, 2026, in accordance with Public Law 107-51, the flag of the United States will be flown at half-staff at all Federal office buildings in honor of the National Fallen Firefighters Memorial Service.

IN WITNESS WHEREOF, I have hereunto set my hand this thirtieth day of April, in the year of our Lord two thousand twenty-six, and of the Independence of the United States of America the two hundred and fiftieth.

                             DONALD J. TRUMP

Presidential Permit: Authorizing Bridger Pipeline Expansion LLC to Construct, Connect, Operate, and Maintain Pipeline Facilities at the International Boundary at Phillips County, Montana, Between the United States and Canada

Source: United States White House

class=”has-text-align-left”>By virtue of the authority vested in me as President of the United States of America (the “President”), I hereby grant this Presidential permit, subject to the conditions herein set forth to Bridger Pipeline Expansion LLC (the “permittee”).  The permittee is a privately held limited liability company organized under the laws of the State of Wyoming and a wholly owned subsidiary of Bridger Pipeline LLC.  Permission is hereby granted to the permittee to construct, connect, operate, and maintain pipeline Border facilities, as described herein, at the international border of the United States and Canada in Phillips County, Montana, for the transport between the United States and Canada of crude oil and petroleum products of every description, refined or unrefined (inclusive of, but not limited to, naphtha, liquefied petroleum gas, natural gas liquids, jet fuel, gasoline, kerosene, and diesel), but not including natural gas subject to section 3 of the Natural Gas Act, as amended (15 U.S.C. 717b).

This permit does not affect the applicability of any otherwise-relevant laws and regulations.  As confirmed in Article 2 of this permit, the Border facilities shall remain subject to all such laws and regulations.

The term “Facilities” as used in this permit means the portion in the United States of the international pipeline project associated with the permittee’s January 30, 2026, application for a new permit, and any land, structures, installations, or equipment appurtenant thereto.

The term “Border facilities” as used in this permit means those parts of the Facilities consisting of a 36-inch diameter pipeline extending from the international border between the United States and Canada in Phillips County, Montana, to and including the first mainline shut-off valve or pumping station in the United States located less than 2,000 feet from the international border, and any land, structures, installations, or equipment appurtenant thereto.

This permit is subject to the following conditions:

Article 1.  The Border facilities herein described, and all aspects of their operation, shall be subject to all the conditions, provisions, and requirements of this permit and any subsequent Presidential amendment to it.  The permittee shall make no substantial change in the Border facilities, in the location of the Border facilities, or in the operation authorized by this permit unless the President has approved the change in an amendment to this permit or in a new permit.  Such substantial changes do not include, and the permittee may make, changes to the average daily throughput capacity of the Border facilities to any volume of products that is achievable through the Border facilities, and to the directional flow of any such products.

Article 2.  The standards for, and the manner of, operation and maintenance of the Border facilities shall be subject to inspection by the representatives of appropriate Federal, State, and local agencies.  Officers and employees of such agencies who are duly authorized and performing their official duties shall be granted free and unrestricted access to the Border facilities by the permittee.  The Border facilities, including the operation and maintenance of the Border facilities, shall be subject to all applicable laws and regulations, including pipeline safety laws and regulations issued or administered by the Pipeline and Hazardous Materials Safety Administration of the U.S. Department of Transportation.  The permittee shall obtain requisite permits from relevant State and local governmental entities, and relevant Federal agencies.

Article 3.  Upon the termination, revocation, or surrender of this permit, unless otherwise decided by the President, the permittee, at its own expense, shall remove the Border facilities within such time as the President may specify.  If the permittee fails to comply with an order to remove, or to take such other appropriate action with respect to, the Border facilities, the President may direct an appropriate official or agency to take possession of the Border facilities — or to remove the Border facilities or take other action — at the expense of the permittee.  The permittee shall have no claim for damages caused by any such possession, removal, or other action.

Article 4.  When, in the judgment of the President, ensuring the national security of the United States requires entering upon and taking possession of any of the Border facilities or parts thereof, and retaining possession, management, or control thereof for such a length of time as the President may deem necessary, the United States shall have the right to do so, provided that the President or his designee has given due notice to the permittee.  The United States shall also have the right thereafter to restore possession and control to the permittee.  In the event that the United States exercises the rights described in this article, it shall pay to the permittee just and fair compensation for the use of such Border facilities, upon the basis of a reasonable profit in normal conditions, and shall bear the cost of restoring the Border facilities to their previous condition, less the reasonable value of any improvements that may have been made by the United States.

Article 5.  Any transfer of ownership or control of the Border facilities, or any part thereof, or any changes to the name of the permittee, shall be immediately communicated in writing to the President or his designee, and shall include information identifying any transferee.  Notwithstanding any such transfers or changes, this permit shall remain in force subject to all of its conditions, permissions, and requirements, and any amendments thereto.

Article 6.  (1)  The permittee is responsible for acquiring any right-of-way grants or easements, permits, and other authorizations as may become necessary or appropriate.

(2)  The permittee shall hold harmless and indemnify the United States from any claimed or adjudged liability arising out of construction, connection, operation, or maintenance of the Border facilities, including environmental contamination from the release, threatened release, or discharge of hazardous substances or hazardous waste.

(3)  To ensure the safe operation of the Border facilities, the permittee shall maintain them and every part of them in a condition of good repair and in compliance with applicable law.

Article 7.  The permittee shall file with the President or his designee, and with appropriate agencies, such sworn statements or reports with respect to the Border facilities, or the permittee’s activities and operations in connection therewith, as are now, or may hereafter, be required under any law or regulation of the United States Government or its agencies.  These reporting obligations do not alter the intent that this permit be operative as a directive issued by the President alone.

Article 8.  Upon request, the permittee shall provide appropriate information to the President or his designee with regard to the Border facilities.  Such requests could include, for example, information concerning current conditions or anticipated changes in ownership or control, construction, connection, operation, or maintenance of the Border facilities.

Article 9.  This permit is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

IN WITNESS WHEREOF, I have hereunto set my hand this thirtieth day of April, in the year of our Lord two thousand twenty-six, and of the Independence of the United States of America the two hundred and fiftieth.

DONALD J. TRUMP

National Foster Care Month, 2026

Source: United States White House

class=”has-text-align-center”>BY THE PRESIDENT OF THE UNITED STATES OF AMERICA

A PROCLAMATION

Across our Nation, hundreds of thousands of American children depend upon the foster care system to shelter them, nurture them, and prepare them for lives of purpose and promise.  This National Foster Care Month, the First Lady and I join with countless Americans in celebrating the foster families whose devotion carries our youngest citizens forward by helping them realize the full potential of their unique American Dream.

In communities around the country, ordinary Americans rise to an extraordinary calling by opening their homes to children who have endured immense challenges that no child should ever know.  These caregivers, alongside the social workers, clergy, educators, and countless volunteers who stand beside them, offer stability, belonging, and hope where once there was only uncertainty.

My Administration will accept nothing less than excellence for the children in foster care who depend upon us.  In November 2025, I signed an Executive Order on Fostering the Future for American Children and Families — a revolutionary commitment championed by First Lady Melania Trump to strengthen foster care, support families, and improve outcomes for children across our Nation.  Under my leadership as well as the First Lady’s, we are opening new public and private sector pathways for young people who have experienced foster care, improving data sharing among those who depend on it to increase efficiency, and enacting stronger accountability throughout the foster care system nationwide.

Through the incredible work of our First Lady, the Melania Trump Fostering Youth to Independence Program has expanded its reach, devoting $30 million to supporting housing stability and long-term success for young people transitioning out of foster care — ensuring they are not abandoned at the most critical moment in their lives.

In States across our land, local governments are committing to bold reforms to address the shortage of foster homes.  We are investing in families and communities to prevent children from entering foster care unnecessarily, and when children cannot remain safely at home, we are ensuring stable and loving foster families are ready to receive them with the comfort and warmth they deserve.  States are rapidly recruiting foster families, strengthening kinship placement policies, and giving foster parents the resources and training they need to succeed.

Foster families embody the very best of the American spirit through their boundless love, their quiet devotion, and their resolute faith in the potential of future generations.  During National Foster Care Month, we honor every caregiver, social worker, judge, and advocate whose labor uplifts our foster children, and I pledge that my Administration will never stop fighting to give them the opportunity to succeed.  When we invest in these young lives today, we invest in the strength, the character, and the boundless future of America tomorrow.

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by virtue of the authority vested in me by the Constitution and the laws of the United States, do hereby proclaim May 2026 as National Foster Care Month.  I call upon all Americans to honor the efforts of those who contribute to our Nation’s foster care system and recommit to improving the lives of those children who depend upon their service.

IN WITNESS WHEREOF, I have hereunto set my hand this thirtieth day of April, in the year of our Lord two thousand twenty-six, and of the Independence of the United States of America the two hundred and fiftieth.

                            DONALD J. TRUMP

Promoting Retirement-Savings Access for American Workers by Establishing TrumpIRA.gov

Source: United States White House

By the authority vested in me as President by the Constitution and the laws of the United States of America, and to ensure that every American worker has access to a simple, portable, low-cost retirement-savings option, it is hereby ordered:

Section 1.  Policy.  Tens of millions of Americans lack access to employer-sponsored retirement plans.  Workers in small businesses, part-time workers, independent contractors, and self‑employed workers face unnecessary barriers to saving for retirement.  My Administration intends to give these often-left-out American workers access to the same type of retirement-savings opportunities offered to every Federal worker and to establish an easy and transparent way for eligible workers to obtain up to a $1,000 match for their savings.  Hard-working Americans deserve retirement security in portable savings vehicles that offer access to low-cost investments similar to those offered to Federal workers in the Thrift Savings Plan.

It is the policy of the United States to promote high-quality, low-cost individual retirement accounts (IRAs) offered by private-sector financial institutions that meet objective standards of cost, transparency, and fiduciary responsibility.

It is further the policy of the United States to increase public awareness of the Federal Saver’s Match enacted in the bipartisan SECURE 2.0 Act (Public Law 117-328, Division T) and to facilitate participation in eligible retirement-savings vehicles that provide diversified, index-based investment options.

Through a federally administered retirement-savings informational platform that highlights qualifying high-quality, low-cost, private-sector IRAs, the United States will promote retirement-savings participation, provide access to retirement-savings options similar to those enjoyed by Federal employees, and encourage workers to reap the rewards of the vibrant American private-sector along with the power of compound earnings.

Sec. 2.  Establishment of TrumpIRA.gov.  (a)  The Secretary of the Treasury shall, by January 1, 2027, establish a website (TrumpIRA.gov) that provides individuals, with a particular focus on independent contractors, self-employed individuals, and other workers who do not have access to an employer-sponsored retirement plan, with information about high-quality, low-cost IRAs.  Individuals who contribute to qualifying IRAs, and who are otherwise eligible, are entitled to a Federal Saver’s Match contribution of up to $1,000 pursuant to 26 U.S.C. 6433.

(b)  TrumpIRA.gov shall list financial institutions that offer IRAs under 26 U.S.C. 408, accept the Federal Saver’s Match contribution under 26 U.S.C. 6433(e)(2)(C), and meet other criteria, as directed by the Secretary of the Treasury, consistent with applicable law.  In addition, TrumpIRA.gov shall explain the cost and quality criteria described in subsection (c) of this section, allow individuals to filter and select IRAs based on their cost and quality, and provide information regarding the opportunity to receive the Federal Saver’s Match contribution under 26 U.S.C. 6433, consistent with applicable law.

(c)  TrumpIRA.gov shall identify financial institutions that offer IRAs that:

(i)    provide a menu of investment options that meet stated criteria including:

(A)  investment fund products or model portfolios, including life-cycle or targeted-retirement-date options as described in 29 C.F.R. 2550.404c-5(e)(4)(i), or balanced funds as described in 29 C.F.R. 2550.404c-5(e)(4)(ii); or

(B)  funds that are designed to protect principal on an ongoing basis, as described in 29 C.F.R. 2550.404c-5(e)(4)(iv);

(ii)   maintain low administrative costs, with overall net-expense ratios, inclusive of operating costs, management fees, and administrative expenses, limited to .15 percent; and

(iii)  do not impose minimum-contribution or balance requirements.

(d)  In accordance with section 104(a) of the SECURE 2.0 Act, TrumpIRA.gov shall be designed to increase public awareness of the opportunity for eligible individuals to make contributions to retirement-savings vehicles and receive the Federal Saver’s Match contribution; facilitate low-cost, safe, and informed retirement-savings decisions; and increase retirement saving.

Sec. 3.  Federal Saver’s Match Implementation.  (a)  The Secretary of the Treasury shall take all necessary steps, as appropriate and consistent with applicable law, to ensure that qualifying individuals who contribute to IRAs, including those who open IRAs listed on TrumpIRA.gov and otherwise satisfy all applicable requirements, receive the Federal Saver’s Match contribution.

(b)  The Secretary of the Treasury shall take all necessary steps, as appropriate and consistent with applicable law, to encourage financial institutions to accept the Federal Saver’s Match contributions in accordance with rules established by the Secretary.

Sec. 4.  Charitable Contributions.  The Secretary of the Treasury and the Commissioner of the Internal Revenue Service shall, as appropriate and consistent with applicable law, provide guidance with respect to the tax treatment of contributions made by tax-exempt organizations to IRAs maintained by workers who are members of a charitable class entitled to receive the contribution without jeopardizing the organizations’ tax-exempt status.

Sec. 5.  Worker Protection.  The Secretary of the Treasury and the Secretary of Labor shall issue regulations, exemptions, or guidance, as appropriate and consistent with applicable law, to ensure that IRAs maintained by financial institutions, including those listed on TrumpIRA.gov, protect workers, maintain transparency, and prevent prohibited transactions within the meaning of 26 U.S.C. 4975.

Sec. 6.  Legislative Recommendations.  The Secretary of the Treasury, in consultation with the Assistant to the President for Economic Policy, shall prepare legislative recommendations to codify the policy set forth in this order so that workers lacking access to employer-provided retirement plans, including workers in small businesses, part‑time workers, independent contractors, and self-employed workers, have access to a retirement option with low fees, eligibility for the Federal Saver’s Match or other matching contributions, diversified index‑based investment options, automatic portfolio choices, and portability.

Sec. 7.  Severability.  If any provision of this order, or the application of any provision to any individual or circumstance, is held to be invalid, the remainder of this order and the application of its other provisions to any other individuals or circumstances shall not be affected thereby. 

Sec. 8.  General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:

(i)   the authority granted by law to an executive department or agency, or the head thereof; or

(ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

(b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

(c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

(d)  The costs for publication of this order shall be borne by the Department of the Treasury.

DONALD J. TRUMP

THE WHITE HOUSE,

April 30, 2026.

Fact Sheet: President Donald J. Trump Promotes Efficiency, Accountability, and Performance in Federal Contracting

Source: United States White House

MAXIMIZING PERFORMANCE IN FEDERAL CONTRACTS: Today, President Donald J. Trump signed an Executive Order directing that agencies maximize use of fixed-price and performance-based contracts that drive timely, complete performance.

  • The Order provides that, in the procurement process, agencies should maximize the use of fixed-price contracts and contracts that tie contractor profit to performance-based metrics.
  • The Order requires notifications to and, in certain circumstances, approval from agency heads for use of other types of contracts, with appropriate exceptions for emergencies and research and development for major systems acquisition.
  • The Order directs each agency heads to review and, to the maximum extent practicable, modify, restructure, or renegotiate their largest non-fixed-price contracts to incorporate fixed-price and performance-based concepts.
  • The Order requires agency heads to submit semi-annual reports to the Director of the Office of Management and Budget (OMB) regarding use of non-fixed-price contracts.
  • The Order directs the Director of OMB and Administrator of the Office of Federal Procurement Policy to issue regulatory changes and guidance to ensure consistent implementation of this Order.

PROMOTING PERFORMANCE, NOT COST INFLATION, IN TAXPAYER-FUNDED CONTRACTS: President Trump recognizes that Federal contracting must be reformed to incentivize performance, rather than driving up costs, to protect taxpayer dollars.

  • Federal procurement has for too long tolerated unpredictable costs, bloated overhead, and weak performance incentives that frequently allow overspending. 
    • Many government contracts operate on a cost-reimbursement model that guarantees reimbursement for incurred costs plus a profit margin, which provides little incentive to control overspending. 
    • Circumstances in which cost-reimbursement contracting is appropriate, such as research and pre-production development of major systems, should be the exception and require senior-level agency approval.
    • In Fiscal Year 2024, approximately $120 billion was obligated on cost-reimbursement consulting contracts. 
  • The United States Government must adopt the best business practices to protect taxpayer dollars, hold contractors accountable, and achieve demonstrable returns on investment.
    • Private-sector contracts frequently focus on driving performance by dictating a fixed cost for a well-defined outcome and by tying contractor payment to performance-based metrics, rewarding work that exceeds expectations and penalizing subpar performance – far too often, federal contracts do not.

PROMOTING COMMON SENSE AND EFFICIENCY IN GOVERNMENT: President Trump is delivering on his commitment to fiscal responsibility, ensuring that the Federal Government uses taxpayer resources wisely and effectively, cutting unnecessary bureaucratic bloat and bad incentives, and redirecting resources to priorities that directly benefit the American people.

  • President Trump signed Executive Orders to modernize defense acquisitions, eliminate wasteful spending, and spur innovation in the defense industrial base.
  • President Trump signed an Executive Order dramatically simplifying and streamlining the Federal Acquisition Regulation (FAR), which governs Federal procurement, to ensure it contains only provisions required by statute or essential to efficient, secure, and cost-effective procurement.
  • President Trump signed an Executive Order to require the Federal Government to utilize the competitive marketplace and the innovations of private enterprise to provide better, more-cost-effective services to the taxpayer.

Fact Sheet: President Donald J. Trump Expands Retirement-Savings Access for American Workers by Establishing TrumpIRA.gov

Source: United States White House

DELIVERING RETIREMENT SECURITY TO WORKING AMERICANS: Today, President Donald J. Trump signed an Executive Order to increase access to high-quality, low-cost Individual Retirement Accounts (IRAs), and up to $1,000 in Federal matching contributions, to strengthen the financial security of American workers.

  • The Order directs the Secretary of the Treasury to establish TrumpIRA.gov, a new Federal platform designed to connect American workers who do not have access to employer‑sponsored retirement plans with high-quality, low-cost IRAs offered by private-sector financial institutions.
    • TrumpIRA.gov, which will be operational by January 1, 2027, will allow workers to filter and compare IRAs based on cost, quality, and investment options, ensuring that hard-working Americans can make informed retirement savings decisions at low cost.
  • The Order directs the Secretary of the Treasury to ensure that workers who contribute to qualifying IRAs and meet the requisite requirements receive the Federal Saver’s Match contribution, one of the most powerful retirement savings incentives available to working Americans.
    • Under the Federal Saver’s Match program, the Federal government will contribute up to $1,000 per year to eligible lower- and middle-income workers who contribute to qualifying retirement accounts.
  • The Order directs the Secretary of the Treasury and the Commissioner of the Internal Revenue Service to issue guidance clarifying the tax treatment of contributions made by philanthropic and charitable tax-exempt organizations to IRAs on behalf of eligible workers.
  • The Order directs the Secretary of the Treasury to prepare legislative recommendations to codify and build upon the TrumpIRA.gov framework, establishing a permanent path for all Americans to access high-quality, low-cost IRAs and a Federal matching program.

PROVIDING AMERICANS WITH MORE AVENUES TO RETIREMENT INVESTING: President Trump wants to give American workers – particularly independent contractors, part-time workers, small business employees, and self-employed individuals – more investment options in order to attain stronger and more financially secure retirement outcomes.

  • In President Trump’s first year back in office, the average 401(k) balance increased by over $24,000 after barely rising at all during the previous four years. President Trump wants all workers to share in economic growth and the power of compounding.
  • Roughly 41 million American workers between ages 18 and 65 lack access to any employer-provided retirement plan, and 49 million full-time workers and 14 million part-time workers do not receive an employer match to their retirement savings contributions.
  • The Order ensures that all Americans have streamlined access to invest in their future and watch their hard-earned savings grow.
    • For example, a 25-year old low-income worker who steadily saves around $165 per month and qualifies for the Saver’s Match of around $1,000 per year could, at a 6% rate of return, end up with around $465,000 by the age of 65, with nearly $155,000 attributable to the Saver’s Match.
  • Research shows that individuals are much less likely to contribute to their retirement account without the incentive of a matching contribution.
    • TrumpIRA.gov will maximize public awareness of the Saver’s Match, ensuring that it reaches its full potential and boosting participation, particularly among workers who historically had no clear path to retirement savings and wealth building.
  • Hardworking Americans deserve retirement security in portable savings vehicles that offer access to low-cost investments similar to those offered to Federal workers. Over half of low-income federal employees already successfully utilize the federal retirement-savings program and over 50% more participate when there is a matching contribution from their employer.
  • By welcoming philanthropists and nonprofits as charitable partners in the retirement savings mission through clear Treasury guidance on philantrhopic giving, President Trump is unlocking potential for a powerful new source of retirement savings and support.

BUILDING WEALTH AND SECURING RETIREMENT FOR ALL AMERICANS: President Trump is delivering on his promise to put money in the pockets of hard-working Americans and give every family a path to financial security and prosperity.

  • President Trump signed the One Big Beautiful Bill Act delivering the largest tax cut in American history, increasing take-home pay by over $10,000 annually for a typical family of four. The bill also established Trump Accounts for newborns to give the next generation a jump start on saving and building wealth.
    • More than six million Americans claimed No Tax on Tips, with an average deduction of over $7,100.
    • More than 25 million Americans claimed No Tax on Overtime, with an average deduction of more than $3,100.
    • More than 30 million seniors have claimed No Tax on Social Security, with an average deduction of over $7,500.
    • Nearly five million children have claimed a Trump Account.
  • President Trump signed an Executive Order to allow 401(k) investors to access alternative assets for better returns and diversification.
  • President Trump’s deregulatory agenda saved Americans a collective $212 billion in 2025 — roughly $2,500 for each family of four — by cutting red tape across the economy.
  • President Trump signed an Executive Order to reduce regulatory burdens that have driven up mortgage costs, limited access for creditworthy borrowers, and weakened community bank participation in lending.
  • President Trump is ensuring that the prosperity of the American economy reaches every worker — not just those fortunate enough to have employer-sponsored retirement benefits — today and long into the future.

Promoting Efficiency, Accountability, and Performance in Federal Contracting

Source: United States White House

By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered:

Section 1Purpose.  The American people expect their Government to operate with integrity, efficiency, and transparency.  For too long, Federal procurement has tolerated unpredictable costs, bloated overhead, and weak performance incentives.  The United States Government must adopt the best business practices to protect taxpayer dollars, hold contractors accountable, and achieve demonstrable returns on investment.

Many private-sector contracts focus on driving performance rather than ever-increasing costs, often dictating a fixed cost for a well-defined outcome.  Fixed-price contracts are characterized by clearly defined outcomes and deliverables on predictable timelines for fixed prices that generally are not adjusted based on contractors’ costs, and often tie profit to the contractors’ performance, rewarding work that exceeds expectations and penalizing subpar performance.  This performance-based model encourages contractors to control costs and expeditiously meet deliverables to maximize profits.  Many Government contracts, however, operate on what is known as a “cost-reimbursement” model.  Under that model, Government contractors are guaranteed reimbursement for their allowable incurred costs, and may receive profit margins on top of expenses.  Cost-reimbursement contracts frequently allow for poorly defined product or service deliverables and increase the Government’s exposure to overspending by providing little incentive to control costs. 

A review of spending across the Government in Fiscal Year 2024 identified approximately $120 billion obligated on cost-reimbursement consulting contracts alone.  While there are circumstances in which cost-reimbursement contracting is appropriate, such as research and the pre-production developmental phase of major systems acquisition, it should be the exception, granted only in limited circumstances and with appropriate senior-level accountability at the agency.

To ensure that Government contracts incentivize performance rather than cost inflation, it is the policy of my Administration that fixed-price contracts with performance-based considerations should serve as the default and preferred method of procurement in order to advance cost predictability and budget discipline, appropriate contractor incentives and accountability, and streamlined procurement and contract administration.

Sec. 2.  Default to Fixed-Price Contracting.  (a)  To the maximum extent consistent with law, and except as provided in subsection (b) of this section, executive branch departments and agencies (agencies) shall, in procurement, utilize fixed-price contracts, which for purposes of this order shall mean fixed-price contracts as defined in Part 16 of the Federal Acquisition Regulation, codified at title 48, Code of Federal Regulations, or contracts that tie profit to performance-based metrics when appropriate.

(b)(i)  Use of any non-fixed-price contract, including a cost-reimbursement contract, a time-and-material contract, a labor-hour contract, or any other non-fixed-price type of contract under Part 16 of the Federal Acquisition Regulation, must be justified in writing by the contracting officer to the agency head. 

(ii)   If the value of a non-fixed-price contract, or in the case of a hybrid contract, the value of the non-fixed-price portion of the contract, exceeds the following value, then the agency head must approve the contract in writing:

(A)  $100 million, in the case of a Department of War contract;

(B)  $35 million, in the case of a National Aeronautics and Space Administration contract;

(C)  $25 million, in the case of a Department of Homeland Security contract; or

(D)  $10 million, in the case of a contract involving an agency other than the Department of War, the Department of Homeland Security, or the National Aeronautics and Space Administration.

(iii)  Agency heads may delegate approval under subsection (b)(ii) of this section to appropriate non‑career employees within the agency.

(iv)  Subsection (b)(ii) of this section shall not apply to contracts that:

(A)  support response to an emergency, major disaster, or contingency operation as defined in Part 2 of the Federal Acquisition Regulation; or

(B)  involve research and development or pre‑production development for major systems acquisition, as governed by Parts 34-35 of the Federal Acquisition Regulation.

(c)(i)  Within 90 days of the date of this order, each agency head shall review and, to the maximum extent practicable and consistent with law, seek to modify, restructure, or renegotiate its 10 largest non-fixed-price contracts by dollar value (including non-fixed-price contracts entered into on behalf of another agency) to facilitate use of fixed prices and performance-based incentives for contract deliverables to the maximum extent practicable. 

(ii)  Subsection (c)(i) of this section shall not apply to contracts that involve research and development or pre-production development for major systems acquisition, as governed by Parts 34-35 of the Federal Acquisition Regulation, or contracts that support response to an emergency, major disaster, or contingency operation as defined in Part 2 of the Federal Acquisition Regulation.

(d)  Each agency head shall report semi-annually to the Director of the Office of Management and Budget (OMB) the number of, value of, and written justifications for, any non-fixed-price contracts approved under subsection (b) of this section.  Agency heads shall submit the first report no later than 90 days after the date of this order.  As part of the first report, agency heads shall identify opportunities, beyond the contracts identified in subsection (c) of this section, for adjusting current non-fixed-price contracts toward fixed-price contracts.

(e)  The requirements in this section apply, to the maximum extent practicable, whether an agency is entering into contracts on its own behalf or on behalf of another agency.

(f)  When necessary to comply with the provisions of this section before the amendments contemplated by section 3(b) of this order are completed, agencies shall utilize applicable deviations from provisions of the Federal Acquisition Regulation, to the maximum extent practicable.

Sec. 3Implementation.  (a)  Within 45 days of the date of this order, the Director of OMB shall issue guidance to agencies to ensure consistent implementation of this order.

(b)  Within 120 days of the date of this order, the Administrator for Federal Procurement Policy shall:

(i)   propose, in coordination with the Federal Acquisition Regulatory Council, amendments to the Federal Acquisition Regulation, consistent with the policy in section 1 of this order; and

(ii)  develop, in coordination with Defense Acquisition University and the Federal Acquisition Institute, a program that agencies shall use to train program and contracting employees on the formation, use, negotiation, and management of fixed-price contracts to minimize exceptions from section 2(a) of this order.

Sec. 4Severability.  If any provision of this order, or the application of any provision to any person or circumstance, is held to be invalid, the remainder of this order and the application of its provisions to any other persons or circumstances shall not be affected thereby.

Sec. 5General Provisions.  (a)  Nothing in this order shall be construed to impair or otherwise affect:

(i)   the authority granted by law to an executive department or agency, or the head thereof; or

(ii)  the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.

(b)  This order shall be implemented consistent with applicable law and subject to the availability of appropriations.

(c)  This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.

(d)  The costs for publication of this order shall be borne by the Office of Management and Budget.

DONALD J. TRUMP

THE WHITE HOUSE,

April 30, 2026.

New Economic Data Highlights the Strength and Resilience of President Trump’s Economy

Source: United States White House

New economic data this week delivers fresh evidence of the exceptional strength and accelerating momentum of the American economy under President Donald J. Trump. America’s core fundamentals are firing on all cylinders — producing tangible wins for families, workers, and businesses nationwide.

The housing market shows clear progress on supply and affordability.

  • New residential construction surged last month to its highest level in more than a year, reflecting strong momentum in expanding housing supply.
  • Home prices have declined on an annual basis in more than half the country, reversing years of rapid increases and improving affordability for families and first-time buyers.
  • Rent growth slowed to its lowest pace since President Trump’s first term, with single-family rent growth hitting a record low.
  • Income growth is now outpacing rent growth nationwide, returning the typical share of income spent on rent close to pre-pandemic levels.

President Trump’s pro-growth agenda is fueling a manufacturing resurgence.

  • Orders for business equipment posted their largest surge in more than six years, while shipments of machinery and equipment also shattered expectations — strong signals of expanding industrial capacity.
  • The Richmond Fed manufacturing survey jumped to its highest reading in years, joining similarly strong performances from the Philadelphia and New York Feds, pointing to a broad-based pickup in factory activity across the nation.

Strong consumer confidence and a robust labor market are driving continued momentum.

  • Consumer confidence rose sharply in March, crushing economists’ expectations as Americans grow more optimistic about business and labor market conditions.
  • Personal income doubled expectations in March, rising at its fastest rate in nearly a year, while personal spending remained robust.
  • U.S. economic growth accelerated in the first quarter, powered by the strongest expansion in business investment since 2023 and steady consumer demand.
  • Initial jobless claims plunged last week to their lowest level since 1969, highlighting the exceptional strength of the labor market.

America is building, investing, and growing once again — because President Trump has put American jobs, American manufacturing, and American prosperity first.

America 250: Presidential Message on the Anniversary of the First Landing and the Raising of the Cape Henry Cross

Source: United States White House

On this day 419 years ago, America’s birthright of faith was anchored in the sand when a courageous group of adventurers, explorers, and settlers planted a glorious wooden cross at the crest of Cape Henry, Virginia—a consecration of the new frontier that laid the foundation for the greatest Republic in the history of the world.  Today, our Nation pays tribute to the heroes who landed at Cape Henry in the spring of 1607, and we pledge to pioneer a future that once again upholds our traditions, cherishes our values, and places our trust in Almighty God.

On April 26, 1607, 104 men completed a daring voyage across the Atlantic in search of opportunity in the Americas.  Commissioned by King James I and the Virginia Company of London, they were guided by a noble mission:  to extend Christendom’s dominion in the New World, secure their prosperity, and spread the Gospel of Jesus Christ.

Following their safe arrival, three days after first setting foot on American soil, on April 29, 1607, they raised a commanding cross on the Chesapeake shore in a mighty act of reverence and devotion.  Upon fixing the cross into the ground, the settlers, led by Reverend Robert Hunt, humbly bowed their heads in prayer as they prepared to embark on a bold and costly endeavor.  They later traveled west to establish Jamestown, the first permanent English settlement in the New World.  Despite facing unimaginable hardship—including drought, starvation, and disease—Jamestown endured, America’s gritty character was forged, and less than 200 years later, our Nation was born on July 4, 1776.

Today, a granite cross stands in the place of the First Landing in honor of the resilience and heroic Christian witness of the Jamestown settlers.  More than 4 centuries later—as we celebrate 250 years of glorious American independence—we follow their example, echo their resolve, and commit to restoring a Nation that honors our rich spiritual inheritance, advances the common good, and offers rightful praise to our Creator above.