U.S. President-elect Donald Trump attends a launch visit for the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.
Brandon Bell | via Reuters
President-elect Donald Trump vowed Tuesday that individuals and companies investing at least $1 billion in the United States will receive “full and expedited approvals and clearances.”
President Trump said in the post: society of truth Environmental approvals are included as part of investment incentives.
“Individuals or businesses investing $1 billion or more in the United States will receive full expedited approvals and permits, including but not limited to all environmental approvals. Be prepared.” written by trump.
Details of Trump’s proposal are unclear. The Trump transition team did not immediately respond to CNBC’s request for details and clarity on what rules and regulations would be relaxed to provide “fully expedited” approvals and permits.
It’s unclear why President Trump chose to post the message specifically on Tuesday. However, early on the same day, United States Supreme Court Heard arguments in a dispute over a federal environmental review of a proposed oil railroad in Utah.
The post was the latest sign that President Trump intends to deregulate federal agencies and attract more foreign investment during his second term.
Trump’s post also focuses on his plan to roll back many Biden-era policies, including electric vehicle tax credits and stricter regulations, by addressing environmental approvals. fuel standardsaimed at combating climate change.
President Trump nominated Lee Zeldin to head the Environmental Protection Agency, who has pledged to cut regulations he believes are burdensome to business.
