And after only its first month, a pattern is emerging, with a number of major Biden administration cases dropped and others left firmly standing.
The Trump administration has dropped several major cases and probes that were opened by the Biden administration, and some experts predict an uptick in traditional securities cases and a continuation of the administration's aggressive antitrust enforcement.
Some of the cases that have been dropped include an OpenSea probe, a Coinbase derivative case, a Robinhood insider trading probe, and a Kraken crypto case.
The administration has also promised to drop an antitrust case against Apple and a case against Google over its digital advertising technology.
The Biden administration is known for its aggressive antitrust enforcement, having already filed cases against several major corporations, such as Meta, Amazon, and Ticketmaster.
The administration has also been criticized for its handling of the cryptocurrency market, with some experts warning that it could lead to a decrease in innovation and investment in the sector.
However, the administration has defended its actions, arguing that it is focused on protecting consumers and ensuring a level playing field for businesses.
The Trump administration is expected to continue its focus on deregulating the economy and rolling back some of the Biden administration's policies.
It remains to be seen what impact the Trump administration's actions will have on the U.S. economy and legal system.
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