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Simplifying the Funding of Energy Infrastructure and Critical Mineral and Material Projects

President Donald Trump issued a memorandum to streamline the funding process for energy infrastructure and critical mineral and material projects. The action requires federal agencies to share information with the National Energy Dominance Council to eliminate redundant diligence processes and improve strategic investment. Agencies must seek consent from applicants to share relevant information and are directed to develop a common application for federal funding opportunities within 180 days. This aims to simplify the application process, reduce the burden on applicants, and enable faster, more efficient funding decisions.