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Startup Nations Advocate for Deregulated Freedom Cities in the US
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2 years ago

Startup Nations Advocate for Deregulated Freedom Cities in the US

Global

News Summary

Several groups representing ‘startup nations’, which are tech hubs operating with exemptions from standard taxes and regulations, are working to draft Congressional legislation aimed at creating ‘freedom cities’ in the United States. These cities would likewise be exempt from certain federal laws, allowing for activities like anti-aging clinical trials and nuclear reactor startups to proceed without prior agency approval. Trey Goff, chief of staff of the startup nation Próspera, has been in discussions with Trump administration officials who are reportedly receptive to the idea. The Freedom Cities Coalition, led by NeWay Capital LLC, is exploring three potential legislative pathways: interstate compacts, federal enclaves with special zones, and executive orders from Trump. This initiative is backed by venture capital firms like Pronomos Capital.

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‘Startup Nation’ Groups Say They’re Meeting Trump Officials to Push for Deregulated ‘Freedom Cities’

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'Startup Nation' Groups Say They're Meeting Trump Officials to Push for ...

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