Establishing the United States Investment Accelerator

This executive order establishes the United States Investment Accelerator (Investment Accelerator) within the Department of Commerce. Its primary purpose is to attract and accelerate large-scale investments (defined as above $1 billion) in the United States by helping investors navigate federal regulatory processes, reducing burdens where consistent with the law, connecting them to national resources and research institutions, and collaborating with state governments to lower barriers. The order also assigns responsibility for the CHIPS Program Office to the Investment Accelerator and directs it to pursue better deals for taxpayers. It directs coordination with the Treasury and the White House Office of Economic Policy and authorizes looking for existing federal-law mechanisms to assist both foreign and domestic investors, while preserving national security. In short, the order creates a new, high-priority office intended to streamline and speed up very large investments into the United States, with a focus on efficiencies, interagency coordination, and leveraging national resources, laboratories, and state partnerships, all while ensuring compliance with law and budget constraints.