EXCLUSIVE: Advocacy Groups Urge Trump Admin To Reverse Several Of Biden’s ‘Damaging Policies’

“The beginning of a new administration is the perfect time for a course correction,” the letter states. “The past four years on the wrong track have significantly diminished the United States’ global competitiveness. At present, our country is taking several wrong policy paths.”

The letter claimed that some of the U.S. government’s current policies are undermining “fundamental pillars of America’s historical strength,” such as economic freedom and property rights. (RELATED: EXCLUSIVE: Daniel Penny Should Sue ‘Absolute Catastrophe’ Alvin Bragg, Ted Cruz Says)

“These current policies dismantle U.S. research and development (R&D) leadership and thereby impede our competitiveness,” according to the letter. “Our government today undermines fundamental pillars of America’s historical strength and success that are instrumental to our reversing course. Those pillars include property rights, economic freedom, the rule of law, and national sovereignty.”

The letter goes on to criticize the Biden-Harris administration’s approach to government price controls as well as its adopting “overly restrictive” trade rules. “Our own government presently intrudes on private rights to own and control property of many forms,” the letter states. “Uncle Sam not only regulates business enterprises the old-fashioned way of red tape, but also through rendering property rights tentative, pursuing aggressive antitrust, adopting overly restrictive trade rules, and discouraging innovation through government price controls.”

President Joe Biden’s trade policies have faced scrutiny, including from Republican Missouri Rep. Jason Smith, who criticized Biden’s trade agenda in March 2023, claiming it benefitted China instead of American workers, and from Trump, who critiqued Biden’s trade agenda as being “pro-China” in a video posted to social media in February 2023.

The Biden-Harris administration also led a crackdown on a number of top companies for anticompetitive practices, leading to a string of antitrust lawsuits being pursued by the federal government.

Vice President Kamala Harris’ also garnered widespread backlash after she proposed price control plans during her failed presidential campaign. Jason Furman, former deputy director of the National Economic Council under former President Barack Obama, criticized Harris’ proposed plan to fine companies that practice “price gouging” on food and groceries and warned of possible negative economic effects.

The letter praised Trump’s nomination of Howard Lutnick to be the next secretary of the Department of Commerce. Trump announced Lutnick’s nomination on Nov. 19 in a post to Truth Social. Lutnick is the CEO of Cantor Fitzgerald, a global financial services firm, and the co-chair of the Trump transition.

“The incoming Trump administration already seems to understand this, as seen in President-elect Trump’s nomination of Howard Lutnick, an inventor and patent owner, as secretary of the Department of Commerce, under which PTO is housed,” the letter states. “We commend this nomination and trust that it is a positive indication that PTO, its sister Commerce agency the National Institute of Standards and Technology, and other vital innovation policy-related posts will be held by individuals devoted to strong patent and IP rights.”