06:51 AM EDT, 09/19/2025 (MT Newswires) -- The Trump administration is considering using proceeds from a $550 billion investment fund established as part of the US-Japan trade negotiations to invest in the development of local semiconductors, pharmaceuticals, critical minerals, energy, ships and quantum computing, The Wall Street Journal reported Thursday, citing documents and people familiar with the talks.

The government will grant preferential treatment, including expedited regulatory review, to some of the manufacturing projects, the publication reported.

Washington is contemplating granting leases to companies that would provide them access to federal land and water, the WSJ reported, citing the sources and documents.

The $550 billion fund "will be key to fueling America's next Golden Age," the publication reported, citing White House spokesman Kush Desai.

The White House didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)