Trump Pledges Fast-Track Permits for $1 Billion U.S. Investors

Donald Trump has announced plans to expedite regulatory approvals for investors spending $1 billion or more in the US, aiming to boost domestic investment through deregulation. This proposal, shared on Truth Social, is part of Trump's broader strategy to enhance US manufacturing by reducing corporate tax rates and cutting regulations, particularly in the oil sector. While the plan has received support from figures like Elon Musk, it has sparked controversy for potentially excluding smaller projects. The move contrasts with President Biden's approach, which has focused on tax credits and subsidies.