By the authority vested in me as President by the Constitution and the laws of the United States of America, I hereby issue the following directive:
Section 1. Purpose
The United States stands as the preeminent economic power globally. However, our convoluted regulatory framework can be a significant obstacle for both domestic and foreign investors. The cumbersome nature of regulations at various stages of business development creates a labyrinthine path that complicates investment, permitting, and site selection processes. This plethora of overlapping Federal, State, and local regulations often results in delays that can stifle construction and growth. Therefore, it is imperative that the Federal Government significantly enhance its support for enterprises aiming to invest and build within the United States, thereby serving the interests of the American populace.
Sec. 2. Policy
The United States is committed to modernizing its regulatory frameworks to attract substantial domestic and foreign investments. This policy aims to actively assist those endeavoring to establish operations here, ultimately contributing to the economic prosperity of our nation by unleashing investment from the smallest startups to the largest corporations.
Sec. 3. The United States Investment Accelerator
(a) Within 30 days of this order, the Secretary of Commerce, in collaboration with the Secretary of the Treasury and the Assistant to the President for Economic Policy, shall establish an office within the Department of Commerce titled the United States Investment Accelerator (Investment Accelerator). This office will facilitate and expedite investments exceeding $1 billion in the United States by guiding investors through our regulatory maze with greater efficiency, alleviating regulatory burdens when legally feasible, enhancing access to our national resources as appropriate, fostering research collaborations with our national laboratories, and partnering with State governments across all 50 States to diminish regulatory hurdles and boost both domestic and foreign investment.
(b) The Investment Accelerator will be led by an Executive Director and supported by a team of legal, transactional, operational, and administrative professionals as designated by the Secretary of Commerce. Additionally, it will oversee the CHIPS Program Office within the Department of Commerce, aiming to secure more advantageous agreements for taxpayers than those established by the preceding administration.
(c) The Investment Accelerator will also identify existing legal frameworks, exceptions, and opportunities within Federal law that could assist both foreign and domestic investors while ensuring the protection of national security.
Sec. 4. General Provisions
(a) Nothing in this directive shall be interpreted to impair or otherwise affect:
(i) the authority granted by law to any executive department or agency, or their heads; or
(ii) the responsibilities of the Director of the Office of Management and Budget concerning budgetary, administrative, or legislative proposals.
(b) This order shall be implemented in accordance with applicable laws and subject to the availability of appropriations.
(c) This order does not create any right or benefit, substantive or procedural, that is enforceable by any individual against the United States, its departments, agencies, or entities, or their officers, employees, or agents.
DONALD J. TRUMP
THE WHITE HOUSE,
March 31, 2025.
