Energy Department Quadruples Lending Budget in Rush To Approve ‘Green Energy’ Loans Before Trump Takes Office
The Department of Energy loan office quadrupled its available lending budget to over $240 billion this week, as Biden officials rush to approve a flurry of “green energy” loans before President-elect Donald Trump takes office. The DOE Loan Programs Office (LPO) said on Tuesday that it’s increasing its lending power under the Energy Infrastructure Reinvestment