Establishing the United States Investment Accelerator
Headline: Creates Investment Accelerator to Fast-Track Billion-Dollar U.S. Investments
What it does: The order directs the Department of Commerce to establish an office to accelerate and assist investments over $1 billion and reduce regulatory barriers.
- Helps large investors move projects through federal permitting faster.
- CHIPS Program negotiations aimed to secure better deals for taxpayers.
- States will work with the office to reduce local regulatory barriers.
Summary
This order creates the United States Investment Accelerator within the Department of Commerce to speed and assist investments above $1 billion. The office will help investors navigate federal regulatory and permitting processes, reduce regulatory burdens where allowed by law, increase access to national resources, promote research partnerships with national labs, and work with states to remove barriers to investment.
Affected parties include domestic and foreign companies seeking to build or expand in the United States, state governments, and taxpayers through changes to the CHIPS Program. The goal is to attract more investment and boost the nation's economic prosperity.
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