Trump Overhauls NRC to Boost Nuclear Power
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President Trump signed executive orders to overhaul the Nuclear Regulatory Commission (NRC), aiming to expedite the licensing and deployment of new nuclear reactors within 18 months. The orders call for a "total and complete reform" of the NRC, including streamlining the permitting process and potentially reducing staff. This initiative also seeks to boost domestic uranium mining and enrichment, addressing industry concerns about regulatory delays and creating a framework for building reactors on federal land for national security purposes. Nuclear stocks rose following the announcement.
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