Isn't the current admin trying to do the opposite?
Entirely eliminating foreign aid would not meaningfully reduce the scope & power of the federal government in the U.S. (although obviously it harms our soft power abroad and there are millions of people who will be directly and indirectly impacted).
I expect overall deregulation regarding safety and environment etc will continue but alongside it there will be strict directives that comport with the right wing social and ideological agendas.
And previously private companies were being threatened with lawsuits due to disparate impact in hiring, which lead to the creation of said DEI programs
If you consider the current situation control and a precursor towards fascism, you have to consider the past situation in the same light