Trump 2nd term live updates: Trump defends tariffs, declines to comment on Ukraine aid

President Donald Trump said he's now considering sanction and tariff actions against Russia until a ceasefire and peace agreement is reached.

"Based on the fact that Russia is absolutely 'pounding' Ukraine on the battlefield right now, I am strongly considering large scale Banking Sanctions, Sanctions, and Tariffs on Russia until a Cease Fire and FINAL SETTLEMENT AGREEMENT ON PEACE IS REACHED. To Russia and Ukraine, get to the table right now, before it is too late. Thank you!!!" Trump posted on Truth Social Friday morning.

It's not clear what additional sanctions the U.S. could put on Russia after the Biden administration consistently ramped up sanctions on Russia, nor is it clear what tariffs Trump could levy on imports from Russia.

-ABC News' Molly Nagle

A federal judge is allowing DOGE to access sensitive Treasury Department records and payment systems for now.

U.S. District Judge Colleen Kollar-Kotelly denied a request Friday to issue an injunction blocking their access and dissolved her earlier order, determining the three federal unions who brought the case failed to prove DOGE's access to the records would cause irreparable harm.

"For a time, parts of Silicon Valley embraced an unofficial credo of disruption: 'Move Fast and Break Things.' Plaintiffs, three large membership organizations, suggest that parts of the Executive Branch are now doing the same," she wrote before concluding that the unions failed to prove DOGE had caused serious damage," Kollar-Kotelly, a Clinton appointee, wrote.

Representatives from DOGE are still subject to a separate court order in New York that limits their access.

-ABC News' Peter Charalambous

Education Secretary Linda McMahon told Fox and Friends that President Donald Trump "intends" to sign an executive order to dissolve the Department of Education, but it's still unclear when.

"I don't know. I don't want to get ahead of the president," she said, adding "I think you'd have to check with the White House."

The White House pulled the expected signing on Thursday, citing concerns of blowback the order would receive, specifically if vital federal programs could no longer exist. Without giving any details, McMahon said she and Trump have spoken about the order and he is "crystal clear" on the move.

As ABC News previously reported, a draft of the order calls on McMahon to facilitate a department closure by taking all necessary steps "permitted by law," sources said.

"He certainly intends to sign the order," McMahon said. "His intent is to provide quality education through school choice to all students, and he wants to make sure that education is back at the state level where it belongs, that that our local school boards, that governors and teachers and parents are really the ones that are involved mostly in their children's education."

-ABC News' Arthur Jones II

Trump is set to sign more executive orders at 2 p.m. ET. It's not clear what the orders will address.

Later in the afternoon, at 3:00 p.m. ET, he will participate in the White House's first-ever cryptocurrency summit -- an industry in which the president and his family have a personal stake. The summit is being chaired by the White House AI and crypto czar David Sacks. Trump will be delivering remarks.