Transforming the U.S. into a Top Capital Destination

Treasury Secretary Scott Bescent shared insights on Wednesday about how tax certainty, affordable energy, and reduced regulations could elevate the United States as a premier capital destination.

During his appearance on Bannon’s Warroom, Bescent anticipated an economic surge comparable to the post-World War II growth. He highlighted the potential for significant tax reforms, affordable energy sources, and deregulation to position the U.S. as a highly attractive spot for capital.

“We are on the brink of a growth phase that resembles the major economic expansions of the 1890s and 1990s, much like what we experienced post-World War II. The aim is to make the U.S. the leading destination for capital,” he stated.

Moreover, Bescent emphasized the role of inexpensive energy as crucial for business expansion. He noted that ensuring a steady and cost-effective energy supply is vital for meeting the long-term needs of both electricity and fossil fuels in the country.

“These reforms are enduring, and I think providing people with a stable environment will foster substantial growth. We have tax certainty and affordable energy, alongside plans to deregulate,” he mentioned.

Bescent further discussed the significance of easing regulations. He argued that by lowering these burdens, the U.S. can create an environment conducive to growth for both public and private sectors.

“Long-term projects in the private and public spheres will allow entities to make substantial investments concerning electricity and fossil fuel needs,” he said.

In the first quarter of 2025, the U.S. attracted $52.8 billion in foreign direct investment (FDI), marking a 21% decrease compared to the same period in 2024. This drop is attributed to concerns regarding potential tariffs and policy uncertainties. Nonetheless, the U.S. remains the leading recipient of FDI globally, accounting for 25% of the total in 2023.

In April 2025, U.S. natural gas production hit a record 1203.1 billion cubic feet per day (BCFD), surpassing the previous high from March. The country also exported 15.1 BCFD of liquefied natural gas in April 2025, reflecting a 48% increase over the same month in 2024.

President Donald Trump signed Executive Order 14154 to advance U.S. energy independence and leadership by initiating a 10-year oil and gas lease. Conversely, on his first day in office, former President Joe Biden halted the Keystone XL Pipeline development after Trump had urged TransCanada to reapply for cross-border permits.