Donald Trump doesn’t have a lot in common with Roosevelt, but his second term so far is moving at a Rooseveltian speed. Trump established a record for first-day executive orders with 26. The previous peak was nine—held by his predecessor, Joe Biden, who spent much of his first day unwinding Trump’s actions from the previous term.

President Trump, alongside Rupert Murdoch and Larry Ellison, signed an executive order to establish a sovereign wealth fund within 12 months. Trump clarified their presence was unrelated to the order,