ACCELERATING INVESTMENT INTO AMERICA’S ECONOMY: Today, President Donald J. Trump signed an Executive Order establishing the United States Investment Accelerator.
- The Order establishes an office within the Department of Commerce named the United States Investment Accelerator, meant to facilitate and accelerate investments above $1 billion in the United States.
- The Investment Accelerator will encourage companies to make large investments in the United States by: (1) reducing regulatory burdens; (2) speeding up permitting; (3) coordinating responses to investor issues across multiple Federal agencies; (4) increasing access to national resources; (5) facilitating collaboration with national laboratories; and (6) working with all 50 state governments and their economic development organizations, in each case according to applicable law.
- The Investment Accelerator will be responsible for administering the CHIPS Program Office, where it will deliver the benefit of the bargain for taxpayers, negotiating much better CHIPS Act deals than the previous Administration.
UNLEASHING ECONOMIC PROSPERITY: President Trump believes it is in America’s interest that the Federal Government dramatically expand its assistance to companies seeking to invest and build in the United States.
- The United States is the most powerful economy in the world, but slow, complex, and burdensome regulations make domestic and foreign investment harder than necessary.
- An Investment Accelerator is needed to cut through red tape and ensure that businesses can quickly deploy capital and create jobs without navigating a maze of bureaucratic hurdles.
- By streamlining processes, the Accelerator will attract both foreign and domestic investment, reinforcing America’s position as the premier destination for large-scale investment.
SECURING AMERICA’S ECONOMIC FUTURE: President Trump is driving massive private investment and strengthening the United States economy through bold ideas that streamline government processes and put America first.
- Thanks to President Trump’s leadership, the United States has already secured more than $3 trillion in private investments during his second term.
- Last month, President Trump signed a memorandum aimed at promoting foreign investment while protecting America’s national security interests.
- With the Investment Accelerator in place, President Trump is supercharging the flow of capital into the United States, boosting prosperity across the nation.