MemoMemorandumTrump 47 · R Quiet signal

Presidential Memorandum

Return to In-Person Work

This memorandum directs all executive branch department and agency heads to terminate remote work arrangements and require full-time in-person work at employees' duty stations, while allowing agency heads discretion to make exemptions they deem necessary. Implementation must be consistent with applicable law.

Impact dates

  1. Terminate remote work arrangements and return to full-time in-person work

Market exposure

Policy exposure mapping — not investment advice. Illustrative public companies are incomplete and not recommendations.

Mechanisms

Procurement

Role pressure

  • MixedDownstream manufacturerFederal contractors and service providers near government facilities may see increased local demand; remote-work technology vendors serving government face reduced demand

Geographies

Illustrative public companies

Curated watchlist matches by sector/role — incomplete; not a recommendation.

AAPLApple

Confidence: low · Policy alerts

Key directives

  • Terminate remote work arrangements as soon as practicable
  • Require employees to return to in-person work at duty stations on full-time basis
  • Agency heads may make exemptions they deem necessary
  • Implement consistent with applicable law

Who is ordered

Timeline

Immediate

  • Agency heads directed to begin taking steps to terminate remote work

Near term (90d)

  • Transition of federal employees to full-time in-person work as arrangements are terminated

Long term

  • Potential restructuring of federal workplace policies and real estate needs

Risks & tensions

  • Vague 'as soon as practicable' timeline creates implementation uncertainty across agencies
  • Exemption authority delegated to agency heads may produce inconsistent application
  • Potential conflicts with existing collective bargaining agreements or union contracts
  • Workforce retention risks if employees relocate or resign rather than return in-person
  • Federal real estate capacity may be insufficient for simultaneous full-time occupancy
Presidential Memorandum: Return to In-Person Work · Executive Orders