U.S. Department of Commerce

06/29/2026 | Press release | Distributed by Public on 06/30/2026 09:48

U.S. Department of Commerce Names Andrew Silberstein Executive Director of the U.S. Investment Accelerator

FOR IMMEDIATE RELEASE
Monday, June 29, 2026

The U.S. Department of Commerce has named Andrew Silberstein as the next Executive Director of the U.S. Investment Accelerator.

Mr. Silberstein brings nearly three decades of experience across real estate, private equity, and investment banking to the role. Mr. Silberstein most recently served as Head of Private Markets for the real estate investment arm of Neuberger. Over the course of his career, he has originated, structured, and managed many large-scale investments and led complex transactions on behalf of major institutional platforms.

"Andrew's deep experience and track record of success in negotiating and executing large-scale transactions will allow the U.S. Investment Accelerator to meet the vision laid out by President Trump: driving strategic infrastructure investments in the United States, creating opportunities for Americans, and strengthening our economic and national security," said U.S. Commerce Secretary Howard Lutnick.

The Commerce Department's U.S. Investment Accelerator was established by President Trump in March 2025 through Executive Order 14255. In addition to attracting substantial foreign and domestic investment and expediting regulatory review, the Investment Accelerator plays a central role in executing the investment commitments made to President Trump by key U.S. trading partners to strengthen critical supply chains. These include more than $1 trillion in landmark commitments - $550 billion from Japan, $350 billion from South Korea, and $250 billion from Taiwan - directed toward semiconductors, energy, critical minerals, and other strategic sectors. To date, the U.S. Investment Accelerator has overseen negotiations for more than $500 billion in large-scale projects across the country. Mr. Silberstein will assume the role previously held by Michael Grimes.

U.S. Department of Commerce published this content on June 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on June 30, 2026 at 15:48 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]