Donald Trump has been president before, but his second term will thrust a suite of unorthodox new ideas into the economic policy debate.
And some pretty old ones, too.
From selling federal land for housing construction to special tax cuts for tipped workers, Trump’s campaign promises are already translating to policy work that would never have happened a decade ago — and likely wouldn’t have happened today under a different president. The fate of some of those ideas, like creating a “strategic reserve” of Bitcoin assets, might depend on who the president-elect puts into key roles. Momentum for others, like congressional action on tariffs, is already building.
“When Trump won in 2016, he opened the horizon for policymaking on the right, so there’s all sorts of new ideas floating around out there,” said Duncan Braid, coalition director at the conservative think tank American Compass. Some of them “are ready for prime time now.”
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