US President-elect Donald Trump recently took to Truth Social to announce a special benefit for investors who contribute significant capital to the American economy. According to Trump, any individual or company investing $1 billion or more in the United States will receive expedited processing for necessary government approvals, including environmental approvals.
Trump's post on Truth Social emphasized his administration's commitment to facilitating large-scale investments in the country. He expressed enthusiasm by stating, 'GET READY TO ROCK!!!'
This move aligns with Trump's previous efforts to reduce regulatory barriers for businesses. In his 2018 State of the Union address, he proposed a $1.5 trillion infrastructure bill that aimed to streamline the regulatory approval process, setting a target of completing approvals within one to two years for interested companies.
Reducing regulations has been a key focus of Trump's presidency, with plans to continue this agenda into his second term. He is expected to issue executive orders to halt ongoing rulemaking processes temporarily, allowing his administration to review and potentially revise existing regulations.
Notably, during the early days of his first term, Trump signed an executive order mandating federal agencies to eliminate two regulations for every new regulation proposed, demonstrating his commitment to regulatory reform.
