Trump guarantees swift approval of permits for investors who invest $1 billion or more in the U.S.
- People or companies that invest at least $1 billion in the U.S. will receive "fully expedited approvals and permits," as stated by President-elect Donald Trump.
- Trump's intention to deregulate federal agencies and attract more foreign investment during his second term is indicated by the unclear Truth Social post.
- Trump has appointed Lee Zeldin, who has pledged to reduce regulations he considers a hindrance to businesses, to head the Environmental Protection Agency.
People or companies that invest at least $1 billion in the U.S. will receive "fully expedited approvals and permits," as promised by President-elect Donald Trump on Tuesday.
Trump stated in a tweet that environmental approvals are included in the investment incentive package.
"Investing one billion dollars or more in the United States will result in expedited approvals and permits, including environmental approvals. Get ready to rock!" Trump stated.
Trump's proposal lacks specifics, and his transition team did not provide detail on the rules or regulations that would be reduced to expedite approvals or permits.
On Tuesday, the U.S. Supreme Court heard arguments in a dispute over a federal environmental review of a proposed oil railway in Utah, which may have been the reason why Trump posted the message that day.
Trump's latest move to deregulate federal agencies and attract more foreign investment is evident in the post he made during his second term in office.
Trump's post emphasizes his plans to repeal Biden-era policies, such as electric vehicle tax credits and stricter fuel standards, which were aimed at mitigating climate change.
Trump appointed Lee Zeldin, who has pledged to reduce regulations he considers a hindrance to businesses, to head the Environmental Protection Agency.
Politics
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