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President Donald Trump announced on Tuesday that he is ready to expedite approvals for anyone ready to invest $1 billion or more in America.
Trump shared the pro-business pitch in a post to his Truth Social account with details of his plan.
“Any person or company investing ONE BILLION DOLLARS, OR MORE, in the United States of America, will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals. GET READY TO ROCK!!!” Trump wrote.
The inclusion of environmental approvals appears to offer hope to some climate-related companies concerned over policy changes between the Biden and Trump administrations.
Some environmental groups, however, blasted the proposal, including Evergreen Action.
“Trump is unabashedly and literally offering to sell out America to the highest corporate bidder,” said Lena Moffitt, executive director of Evergreen Action, an environmental group. She said the plan was “obviously illegal” and another example of Trump “putting special interests and corporate polluters in the driver’s seat, which would result in more pollution, higher costs and fewer energy choices for the American people.”
Karoline Leavitt, Trump’s National Press Secretary and incoming White House Press Secretary, says the American people want him to deliver on his promises to end the border crisis and improve the economy.
“The American people delivered a resounding victory for President Trump, and it gives him a mandate to govern as he campaigned, to deliver on the promises that he made,” Leavitt said in an interview with Fox News.
“Which include, on Day 1, launching the largest mass deportation operation of illegal immigrants that Kamala Harris has allowed into this country. It includes drill, baby drill, and expediting permits for nuclear, for fossil fuels, for an above-all energy approach that’s going to bring down the cost of living in this country,” she continued.
Jason Miller, a senior adviser to Trump, said Trump’s second term will be a “golden age of regulation-cutting,” including a promise to “drill, baby, drill,” according to the Associated Press.
“If you want to bring in money, he’s going to move heaven and earth to get that money in the door and get it invested in the United States,” Miller said Tuesday at a conference organized by the Wall Street Journal.