President Trump has rescinded an executive order issued in 2021 by then President Biden increasing the minimum wage for employees of federal contractors. EO 14026 sharply increased the minimum wage rate in effect for federal contractors from $13.30 to $17.75 per hour and set annual adjustments to account for inflation.
This was one of numerous EOs revoked by Trump in a second wave of reversals of Biden executive actions. EO 14026 and the Department of Labor (DOL) rule implementing the EO have faced several legal challenges. Most recently, the U.S. Court of Appeals for the Fifth Circuit upheld the EO concluding it was a valid exercise of presidential authority. However an earlier decision in Ninth Circuit held Biden exceeded his authority when he issued the EO. Supreme Court action on these split decisions is likely.