Energy Department Announces Cancellation of $30 Billion in Biden-Era Loans

Energy Department Announces Cancellation of $30 Billion in Biden-Era Loans

Energy Secretary Chris Wright speaks during an event with President Donald Trump in the Oval Office at the White House on Oct. 6, 2025. Anna Moneymaker/Getty Images

The Trump administration on Jan. 22 said it’s in the process of canceling nearly $30 billion in green energy loans and revising another $53 billion in loans that were provided under the previous presidential administration.

The Department of Energy said changes are needed after it reviewed $104 billion in loans that were issued under the Biden administration.
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Original News Source Link – Epoch Times

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