The order directs Federal agencies, specifically the Department of Commerce, in coordination with the Secretary of the Treasury and the Assistant to the President for Economic Policy, to establish an office named the United States Investment Accelerator within 30 days. The Investment Accelerator is tasked with facilitating and accelerating investments exceeding $1 billion in the United States, by assisting investors in navigating regulatory processes, reducing regulatory burdens, increasing access to national resources, facilitating research collaborations with national labs, and working with State governments to reduce regulatory barriers. The Investment Accelerator will be headed by an Executive Director and will also be responsible for the CHIPS Program Office within the Department of Commerce.

The Federal Deposit Insurance Corporation announced that banks can engage in crypto-related activities without prior approval, undoing a Biden-era mandate. Meanwhile, the Commodity Futures Trading Commission said that digital asset derivatives will be treated the same as other derivatives, eliminating previous uncertainties in the crypto derivatives market.

Revokes an EO from 2000 that directed agencies to provide non-English language materials. Directs agencies to carry out their duties as “they deem necessary” but does not direct them to stop providing non-English language materials.