A Surprising Haven for Investment in the Department of Energy
8 Articles
8 Articles
A surprising haven for investment in the Department of Energy
Interview transcript: Terry Gerton The federal government operates a number of loan guarantee programs, some for builders, some for small businesses, some for homeowners. But I bet most people don’t know that the Department of Energy has one of these programs as well. Can you start by giving us an overview of the Loan Programs Office at DOE? Taite McDonald So the program was actually created around 2007 through previous energy legislation and …
HEIST: Senate Hearing Uncovers $93 BILLION Sent from DOE to Entities With No Financials or Oversight In 76 Days Between Trump Win and Biden Exit
"So you're telling me the Dept. of Energy, in the 76-day period before their boss was going to leave office, gave out loan money to entities that had no business plan?" asks Sen. John Kennedy (R-La.).
Sen. Kennedy shocked by $93B in Energy loans in 3 mos before Trump took office · American Wire News
Sen. John Kennedy (R-LA) was shocked by the revelation that in the 76 days between the time President Donald J. Trump was elected and President Joe Biden left office, the Department of Energy approved $93 billion in loans. U.S. Secretary of Energy Chris Wright was testifying this week before the U.S. Senate Appropriations Subcommittee on Energy and Water Development on the department’s fiscal 2026 budget request, when Kennedy asked about the tim…
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