Making a $1B investment in the US? Trump pledges expedited permits – but there are hurdles

FILE – A crew works on a gas drilling rig at a well site for shale based natural gas in Zelienople, Pa. June 25, 2012. (AP Photo/Keith Srakocic, File)
WASHINGTON – President-elect Donald Trump is promising expedited federal permits for energy projects and other construction worth more than $1 billion. But like other Trump plans, the idea is likely to run into regulatory and legislative hurdles, including a landmark law that requires federal agencies to consider the environmental impact before deciding on major projects.
In a post on his Truth Social site Tuesday, Trump said anyone making a $1 billion investment in the United States “will receive fully expedited approvals and permits, including, but in no way limited to, all Environmental approvals.”
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