Outgoing President Joe Biden will sign an executive order on Sunday, prioritizing government resources for economically distressed communities, just before leaving the White House. The initiative aims to assist incoming President Donald Trump in managing significant investments in infrastructure, semiconductors, energy, and broadband programs approved during Biden's term.
Approximately 15% of Americans, or 50 million people, live in distressed areas defined by poverty, unemployment, and declining businesses. Over the past four years, Biden’s administration has allocated $54 billion to Energy Communities reliant on coal, oil, and gas, alongside $210 million for tech hubs, $525 million for job training, and billions for infrastructure improvements.
Biden’s order directs a “whole-of-government” approach to streamline federal funding for communities experiencing economic distress, industrial transitions, and natural disaster recovery. A “No Wrong Door” strategy will simplify access to resources for these areas.
Lael Brainard, Biden’s economic adviser, emphasized the administration’s commitment to helping communities, particularly in the heartland, “turn setbacks into comebacks.” The Commerce Department also invested $700 million in tech hubs to expand innovation beyond traditional regions like Silicon Valley and Boston.
Biden highlighted the administration’s historic investments in struggling regions, including factory towns and coal communities, transforming them into innovation hubs. His order locks in effective strategies to boost local economies while addressing long-term development needs in disaster-hit areas.
This effort builds on Trump’s 2018 executive order that launched the White House Opportunity and Revitalization Council, aimed at tackling high poverty and unemployment in distressed communities. As Trump prepares for his second term, he pledges to cut regulations and implement tariffs to bolster the U.S. economy further.
© Reuters.


Oil Prices Climb as Strait of Hormuz Tensions and Supply Concerns Persist
Rubio Approves $25.8 Billion Weapons Sale to Middle East Allies
US Expects China to Boost Purchases of American Farm Products After Trump-Xi Summit
Arcadia Mayor Eileen Wang Pleads Guilty in China Foreign Agent Case
Trump Pushes China Market Access During High-Stakes Xi Summit
Federal Appeals Court Allows Texas SB4 Immigration Law Enforcement to Proceed
Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting
Pentagon Halts Planned U.S. Troop Deployment to Poland Amid Europe Force Review
Dominican Republic Halts GoldQuest Mining Project Amid Environmental Protests
CDC Monitors U.S. Travelers After Hantavirus Outbreak on Luxury Cruise Ship
Starmer Faces Leadership Crisis as Wes Streeting Reportedly Considers Challenge
Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case
Trump Faces Uphill Battle Seeking China’s Help on Iran Conflict
Ghana Rejects U.S. Health Deal Over Data Sharing Concerns Amid Foreign Aid Shift
Trump Expands Cuba Sanctions Targeting Key Sectors and Foreign Entities
RFK Jr. Spokesman Resigns Over Trump Administration’s Flavored E-Cigarette Policy 



