Trump undoes parts of Obama agenda with executive actions - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
January 23, 2017 Newswires
Share
Share
Post
Email

Trump undoes parts of Obama agenda with executive actions

Associated Press

WASHINGTON (AP) — President Donald Trump signed three executive memorandums on Monday, kicking off his first full week in the White House by undoing parts of his predecessor's agenda and renewing a longtime Republican priority on abortion funding.

Trump signed a memorandum that freezes hiring for some federal government workers, a notice to abandon the proposed Pacific Rim trade pact known as the Trans-Pacific Partnership, and another executive action to reinstate a ban on providing federal money to international groups that perform abortions or provide information on the option.

Here is a look at his three executive actions:

TRANS-PACIFIC PARTNERSHIP

As a candidate, Trump often said he could negotiate better trade deals than past administrations, repeating night after night that he would undo the North American Free Trade Agreement, which was signed by President Bill Clinton in 1994, and the Trans-Pacific Partnership, which President Barack Obama championed.

The memorandum signed Monday was a first step toward making good on that pledge.

Since the Pacific trade deal had yet to receive the required Senate ratification, there is scant immediate impact to trade, exports or wages. The deal has been stalled amid bipartisan opposition in the Senate. It was widely viewed as dead even before Trump's move Monday.

In its place, the White House has said the president plans to focus on seeking individual deals with the 11 other nations in TPP— a group that represents roughly 13.5 percent of the global economy, according to the World Bank.

"We're going to have trade, but we're going to have one on one. If someone misbehaves, we'll send them a letter of termination, 30 days, and they'll either straighten it out or we're gone," Trump said.

The major benefit to Americans from TPP had been the prospect of lower prices. An analysis by the Peterson Institute for International Economics also estimated it would lead to a $131 billion increase in inflation-adjusted incomes by 2030.

But Trump has blamed past trade deals such as NAFTA and China's entrance into the World Trade Organization for a decline in U.S. factory jobs. He said in his inaugural address that his administration would follow two rules: "Buy American and hire American."

FEDERAL WORKERS FREEZE

A frequent critic of the size of the federal government, Trump also signed a memorandum that freezes hiring for some federal government workers as a way to reduce payrolls and rein in the size of the workforce.

The freeze does not apply to the military, Trump said. The memorandum signed by Trump's is similar to one that President George W. Bush signed at the start of his administration in 2001.

The decision was cheered by conservatives, but denounced by the head of one of the unions that represents federal workers.

"This accomplishes nothing for the American taxpayer," said Randy Erwin, president of the National Federation of Federal Employees. "It only makes it difficult for federal agencies to do the business of the American people."

MEXICO CITY POLICY

Lastly, Trump reinstituted a ban on providing federal money to international groups that perform abortions or provide information about abortions.

The regulation, known as the "Mexico City Policy" or, by critics, the "global gag rule," has been a political volleyball, instituted by Republican administrations and rescinded by Democratic ones since 1984. Most recently, President Barack Obama ended the ban in 2009.

Trump signed it one day after the 44th anniversary of the Supreme Court's 1973 Roe vs. Wade decision that legalized abortion in the United States, the date on which presidents traditionally take action on the policy. It also prohibits taxpayer funding for groups that lobby to legalize abortion or promote it as a family planning method.

The move was predictably polarizing.

Republican Sen. Ben Sasse of Nebraska said in a statement that "Americans are humanitarians and the Mexico City Policy reflects our heartfelt compassion for both moms and babies."

The abortion rights group NARAL condemned the decision as "repressing women."

"With this action, Donald Trump has turned his anti-women rhetoric into policy, and made it more difficult for women and families all over the world to access vital reproductive care," said NARAL president Ilyse Hogue. "He really is living up to the lowest of expectations."

Associated Press writers Josh Boak in Washington and Matthew Barakat in McLean, Virginia, contributed to this report.

Reach Jonathan Lemire on Twitter at: http://twitter.com/JonLemire

Older

CAPITO, CASSIDY, COLLINS, ISAKSON INTRODUCE COMPREHENSIVE OBAMACARE REPLACEMENT PLAN

Newer

Daugaard requests presidential disaster declaration for December storm

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • Soaring cost of health insurance also pinching healthcare workers
  • UNDERSTANDING YOUR COVERAGE: DIFS SHARES INSURANCE GUIDANCE FOR BREAST CANCER AWARENESS MONTH
  • ICYMI: SUNUNU'S "TIES TO THE HEALTH INSURANCE INDUSTRY MAY BE A DRAG" ON HIS CAMPAIGN
  • SIU strips insurance benefits for student dependents
  • Confusion and angst follow state’s early rollout of Medicaid work rules
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
  • AM Best Comments on Issuer Credit Ratings of Pacific Life Insurance Company’s Commercial Paper Following Amendment to Program
  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.