Summary
Establishes the United States Investment Accelerator to help companies with investments over $1 billion by making government rules easier to follow.
What problem does this solve?
Complex and slow government rules make it hard for companies to invest and build in the United States. This order creates a new office, the Investment Accelerator, to help investors navigate these rules more quickly and easily.
Who does this affect?
- Large domestic and foreign investors
- State governments
- Small businesses
What does this order do?
Creates the United States Investment Accelerator
Establishes a new office in the Department of Commerce to help companies investing over $1 billion in the U.S. navigate government rules.
Aims to reduce regulatory burdens
Directs the new office to help investors deal with government processes efficiently and reduce regulatory burdens where the law allows.
Oversees the CHIPS Program Office
Places the CHIPS Program Office under the control of the new Investment Accelerator to negotiate better deals for taxpayers.
Works with state governments
Requires the Investment Accelerator to work with all 50 state governments to lower barriers to investment.
What is the real world impact?
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Boosts the U.S. economy by attracting large investments
Creates a dedicated office to simplify complex regulations, making it faster for American and foreign companies to invest over $1 billion in projects, which can lead to job creation and economic growth.
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Could prioritize large corporations over small businesses
Focuses on investments over $1 billion, which may lead to government resources being directed towards helping large, wealthy companies while smaller businesses do not receive the same level of support.
When does this start?
This order sets a deadline for the new Investment Accelerator office to be created.
Establishment of the Investment Accelerator
The Secretary of Commerce must establish the United States Investment Accelerator within 30 days of March 31, 2025.