Summary As the Trump Administration’s first term comes to a close, there are still many economic policy reforms that Congress and the Administration can and should adopt. In addition to Congress passing legislation, federal agencies should finalize rules that have been in the regulatory pipeline; and the Administration should issue new executive orders and draft new guidance documents. This Backgrounder identifies many economic policy priorities that both Congress and the Administration should pursue through the first term. These policy priorities cover energy and environment, financial regulation and housing, food and agriculture, governmental reform, labor and employment, tax and spending, and trade. The priorities will promote individual freedom and economic growth, and expand opportunities for all Americans.