Establishing The United States Investment Accelerator

The executive order addresses the need to streamline and modernize U.S. regulatory processes to attract domestic and foreign investments.

Acknowledges that existing regulations complicate and hinder investment, permitting, and construction due to overlapping Federal, State, and local legal frameworks.

It establishes the goal of enhancing Federal assistance for companies looking to invest and build in the U.S. to promote economic prosperity.

Creation of the United States Investment Accelerator:

• The Secretary of Commerce, in coordination with the Secretary of the Treasury and the Assistant to the President for Economic Policy, will establish the Investment Accelerator within 30 days.
• This office aims to facilitate investments over $1 billion by:
  • Helping investors navigate government regulatory processes efficiently.
  • Reducing regulatory burdens.
  • Increasing access to national resources when consistent with the law.
  • Facilitating research collaborations with national labs and working with State governments to reduce investment barriers.

The Investment Accelerator will have:

• An Executive Director and a team of legal, transactional, operational, and support staff.
• Oversight of the CHIPS Program Office, responsible for ensuring better deals for taxpayers.

Identification of mechanisms in Federal law to assist investors while ensuring national security protections.

Clarifies that the order does not impair the authority of executive agencies or the Office of Management and Budget.

Implementation is subject to applicable law and available appropriations, with no creation of enforceable rights or benefits against the U.S. or its entities.