United States of America: President issued executive order establishing the United States Investment Accelerator within the Department of Commerce

On 31 March 2025, the President of the United States issued an Executive Order establishing the United States Investment Accelerator within the Department of Commerce. The order identified regulatory complexity as a barrier to investment and directed the Secretary of Commerce, in coordination with other relevant officials, to create the new office within 30 days. The Investment Accelerator, aimed at facilitating investments exceeding USD 1 billion, will assist investors in navigating federal processes, reduce regulatory burdens where consistent with existing law, and coordinate with state governments to encourage large-scale domestic and foreign investment. It will also assume responsibility for the CHIPS Program Office, with a focus on maximising taxpayer benefit in negotiated agreements, and identify existing legal mechanisms that can support investment while safeguarding national security interests. The order specified that implementation must be consistent with applicable law and subject to available appropriations, and does not create any new rights enforceable against the United States or its agencies.