Trump Proposes New Cabinet Role to Tackle Cost of Living

The former president vows to create a position dedicated to reducing living expenses through deregulation if re-elected.

Donald Trump announced a plan to establish a Cabinet position focused on lowering the cost of living during a rally in Albuquerque, New Mexico.
He promised to sign an executive order on his first day in office directing federal agencies to eliminate regulations that increase the cost of goods.
Elon Musk has been mentioned as a potential advisor for cost-cutting measures, though he is unlikely to take a formal Cabinet position due to his business commitments.
Trump's proposal comes as voters cite the economy, particularly inflation and grocery costs, as a top concern in the upcoming election.
Vice President Kamala Harris, Trump's opponent, has also emphasized tackling high costs, particularly in the food and grocery sectors.