Fact Sheet: President Donald J. Trump Lowers the Cost of Living by Promoting the Freedom to Fix
ONP Summary
The Supreme Court ruled that President Trump lacks the constitutional authority to unilaterally remove Federal Reserve Governor Lisa Cook from her position. In a 5-4 decision, the Court rejected Trump's effort to fire her, allowing Cook to remain in her role while the underlying legal challenge continues in lower courts. The ruling reinforces the institutional independence of the Federal Reserve from executive removal power.
Progressive: Progressive-leaning outlets emphasize that Trump's action was unconstitutional and frame the decision as a necessary restraint on executive power, stressing that independent agencies must be protected from at-will presidential removal.
Moderate: Centrist outlets focus on the institutional significance for Federal Reserve independence and financial market confidence, presenting the ruling as strengthening the central bank's autonomy.
Conservative: Conservative-leaning outlets acknowledge the decision as a setback for Trump, reporting it factually while noting that the ruling reassures markets regarding the central bank's independence.
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Fact Sheet: President Donald J. Trump Lowers the Cost of Living by Promoting the Freedom to Fix
EXPANDING AMERICANS’ FREEDOM TO FIX THEIR OWN VEHICLES: Today, President Donald J. Trump signed a Presidential Memorandum expanding Americans’ freedom to fix their own vehicles.
- The Memorandum directs the Administrator of the Environmental Protection Agency (EPA) to issue guidance clarifying what actions individuals may take to fix their own vehicles’ emissions systems, consistent with the Clean Air Act.
- The Memorandum directs the EPA Administrator to encourage and expedite alternative certification pathways for aftermarket parts, reducing reliance on California’s slow and costly certification process and providing greater certainty to manufacturers and consumers.
- The Memorandum instructs the EPA Administrator to consider deprioritizing civil enforcement actions against individuals who, in good faith, attempt to fix their own vehicles to their original configuration.
REDUCING REGULATORY BARRIERS TO AFFORDABLE VEHICLE REPAIRS: President Trump is lowering costs for American families by cutting burdensome regulations and expanding affordable vehicle repair options.
- The Biden Administration’s crushing environmental regulatory burdens caused the average cost of vehicles to soar, squeezing American families both at the dealership and in the repair shop.
- The only certification process currently recognized under the Clean Air Act is run by the California Air Resources Board (CARB) – a process that now routinely takes well over a year to complete, even when all paperwork and testing are in order.
- Because CARB’s process is effectively the only accepted certification pathway, the supply of compliant aftermarket parts has been bottlenecked by a single state agency, driving up costs, limiting supply, and reducing consumer choice.
DELIVERING HISTORIC DEREGULATION TO LOWER COSTS FOR AMERICANS: President Trump has taken unprecedented action to remove burdensome regulations, restore consumer choice, and lower costs for American families.
- In February 2026, President Trump’s EPA released guidance affirming farmers’ ability to lawfully fix their own agricultural and non-road equipment, saving an estimated $33,000 per repair on average.
- In February 2026, President Trump announced the single largest deregulatory action in American history: the full revocation of the disastrous Obama-era “Endangerment Finding” and the consumer mandates that depended on it.
- In December 2025, President Trump delivered major relief to American families by resetting the Biden Administration’s costly and unlawful Corporate Average Fuel Economy (CAFE) standards to levels that can actually be met with conventional gasoline and diesel vehicles.
- In July 2025, President Trump signed into law the Working Families Tax Cuts Act, which set the civil penalty for violating CAFE standards to $0, protecting the U.S. auto manufacturing industry from significant fines.
- In June 2025, President Trump signed a joint resolution to end the California EV mandates, which would have effectively been a 100% ban on new gas cars sold in the state by 2035 (with similar effects in 17 states that adopted California’s standards).
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