President-elect Donald Trump announced plans to expedite approvals and permits for individuals or companies investing at least $1 billion in the U.S., including environmental approvals. Trump made the statement on Truth Social, emphasizing the potential for swift regulatory processes to attract significant foreign and domestic investment. The proposal's specifics remain unclear, and Trump's team did not immediately clarify how regulations might be adjusted. The announcement coincided with a U.S. Supreme Court case on federal environmental reviews, highlighting Trump's intent to deregulate agencies and roll back Biden-era climate policies.
