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All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br>White House press secretary Karoline Leavitt joins 'Fox & Friends' to preview President Trump's upcoming infrastructure announcement.<br>President <a href="https://www.foxbusiness.com/category/donald-trump" target="_blank" rel="noopener">Donald Trump</a> plans to announce a "massive" new infrastructure initiative on his first full day in office, the White House teased Tuesday.<br>White House press secretary Karoline Leavitt teased the announcement during an interview on "FOX & Friends" on Tuesday morning. She said Trump will hold an event at 4 p.m. to detail the initiative.<br>Leavitt confirmed that the initiative does not relate to the wildfires in California, as Trump has already signed executive orders relating to that crisis.<br><a href="https://www.foxbusiness.com/politics/president-trump-faces-key-fiscal-deadlines-second-term-begins" target="_blank" rel="noopener"><strong>PRESIDENT TRUMP FACES KEY FISCAL DEADLINES AS SECOND TERM BEGINS</strong></a><br><span>Vice President JD Vance and President Donald Trump acknowledged the crowd after the inauguration of Trump as the 47th president takes place inside the Capitol Rotunda of the U.S. Capitol in Washington, D.C., on Jan. 20, 2025.</span><span> (KENNY HOLSTON/THE NEW YORK TIMES/AFP via Getty Images / Getty Images)</span><br>As a candidate in 2016, Trump promised to push a $1 trillion infrastructure bill through Congress. He talked about the topic as president often during his first term from 2017 to 2021, but it did not come to fruition.<br>His Democratic successor, <a href="https://www.foxbusiness.com/category/joe-biden" target="_blank" rel="noopener">Joe Biden,</a> signed a $1 trillion infrastructure bill into law in 2021 with Republican and Democrat lawmakers to fund thousands of projects to rebuild roads and bridges and fund new climate resilience and broadband initiatives.<br><a href="https://www.foxnews.com/live-news/president-donald-trump-inauguration-day-2025" target="_blank" rel="noopener"><strong><u>PRESIDENT DONALD J. TRUMP, VICE PRESIDENT JD VANCE OFFICIALLY SWORN INTO OFFICE</u></strong></a><br><span>Former President Joe Biden speaks during the National Association of Counties legislative conference in Washington, D.C., on Feb. 12, 2024.</span><span> (Chris Kleponis/CNP/Bloomberg via Getty Images / Getty Images)</span><br>The second Trump administration and the new Congress will have opportunities to put their stamp on the infrastructure law Biden passed. Agency officials will be able to <a href="https://www.foxbusiness.com/category/government-spending" target="_blank" rel="noopener">award tens of billions of dollars</a> in remaining competitive grants, Brookings Institution said in a blog in November.<br><a href="https://www.foxbusiness.com/business-leaders/business-leaders-trumps-inauguration" target="_blank" rel="noopener"><strong><u>SEE IT: BUSINESS LEADERS AT TRUMP'S INAUGURATION</u></strong></a><br>Meanwhile, Trump has signed dozens of executive orders since he was sworn into office on Monday, advancing his administration's goals on issues from illegal immigration to withdrawing from the World Health Organization.<br><span>President Donald Trump takes part in a signing ceremony after his inauguration on Jan. 20, 2025, in the President's Room at the U.S. Capitol in Washington, D.C.</span><span> (Melina Mara-Pool/Getty Images / Getty Images)</span><br>"Today I will sign a series of <a href="https://www.foxnews.com/politics/trump-signs-dozens-executive-orders-fulfilling-many-campaign-promises" target="_blank" rel="noopener">historic executive orders.</a> With these actions, we will begin the complete restoration of America and the revolution of commonsense," the nation's 47th president vowed during his inauguration address Monday at the U.S. Capitol.<br><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a><br><i>Fox News Digital's Paul Steinhauser and Reuters contributed to this report</i><br><br>Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.<br>We've added you to our mailing list.<br>By clicking subscribe, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy" target="_blank">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use" target="_blank">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. You understand that you can opt-out at any time. <br> Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by <a href="https://www.factset.com/">Factset</a>. Powered and implemented by <a href="https://www.factset.com/solutions/business-needs/digital-solutions">FactSet Digital Solutions</a>. <a href="https://www.factset.com/privacy">Legal Statement</a>. <br>This material may not be published, broadcast, rewritten, or redistributed. ©2025 FOX News Network, LLC. All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br><br><a href="https://news.google.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?oc=5">source</a>
