Based on the given information, here is a 2 paragraph summary of President Trump’s executive order regarding investment acceleration:
Section 1: The United States government recognizes that its regulatory processes can be slow and burdensome for companies looking to invest in the country. To address this issue, President Trump has ordered the establishment of an office named “The United States Investment Accelerator” within the Department of Commerce. This office will assist foreign and domestic investors by streamlining regulatory processes and reducing bureaucratic hurdles.
Section 2: President Trump’s order aims to expand America’s economic prosperity through increased investments in the country. It directs the Department of Commerce, in coordination with other federal agencies, to establish a program known as “The CHIPS Program Office” within the Investment Accelerator office. This office will focus on negotiating much better deals than those of the previous administration for taxpayers and will also facilitate research collaborations with national labs.
Overall, President Trump’s executive order aims to make it easier for companies to invest in America by improving regulatory processes and creating new opportunities for collaboration with federal agencies.
Read the full text of the order at the whitehouse.gov website.