Establishing the United States Investment Accelerator
The order establishes the United States Investment Accelerator, a new office within the Department of Commerce designed to help domestic and foreign investors navigate federal regulatory processes for projects above $1 billion.
It also places the CHIPS Program Office under the new office's authority and directs it to renegotiate existing CHIPS deals on better terms for taxpayers, signaling a broader restructuring of how the federal government courts large-scale investment.
What this order does
What it orders
The order directs the Secretary of Commerce, within 30 days, to establish the United States Investment Accelerator inside the Department of Commerce. The new office is charged with facilitating investments above $1 billion by helping investors navigate federal regulatory processes, reducing regulatory burdens where law permits, expanding access to national resources, facilitating research partnerships with national laboratories, and coordinating with all 50 state governments to lower regulatory barriers to investment. The office will be led by an Executive Director staffed with legal, transactional, and operational personnel as determined by the Secretary.
The order also assigns the CHIPS Program Office to the Investment Accelerator, with a directive to renegotiate existing CHIPS agreements to deliver better value to taxpayers. Standard severability and non-impairment provisions apply, and implementation is subject to available appropriations. The order creates no enforceable rights for any private party.
Who it affects
Domestic and foreign companies and investors pursuing projects above $1 billion in the United States, state governments seeking to attract investment, companies currently holding CHIPS Program agreements, and federal agencies whose regulatory processes the Investment Accelerator will engage.
Why it matters
Large investors — especially foreign ones — get a dedicated federal concierge to speed permitting and regulatory navigation. Companies with existing CHIPS grants could see their agreements renegotiated. State governments gain a new federal partner for reducing investment barriers.
What must happen and when
How the order is supposed to work
The Secretary of Commerce has 30 days to stand up the office and appoint an Executive Director. Once operational, the Investment Accelerator works directly with investors to navigate regulatory hurdles, coordinates with state governments, and takes over oversight of the CHIPS Program Office. The order does not itself reduce or waive any regulation; actual regulatory relief requires action consistent with existing law, and funding is contingent on Congressional appropriations. No enforcement mechanism against agencies is specified.
Actions and deadlines
- Establish the United States Investment Accelerator office within the Department of Commerce
- Staff the Investment Accelerator with an Executive Director and legal, transactional, operational, and support personnel
- Assign the CHIPS Program Office to the Investment Accelerator and begin renegotiating CHIPS agreements
- Identify existing federal mechanisms and exceptions that can assist foreign and domestic investors consistent with national security