Biden’s Energy-Loan Free-For-All. Trump Energy Department officials discover a dubious spending spree.

2 months ago 8

Rommie Analytics

It’s no secret Joe Biden’s team spent its final days shoveling money out the door, and in ways designed to limit Donald Trump’s ability to claw it back. Officials working under Department of Energy Secretary Chris Wright have now completed a review of the Loan Programs Office (LPO)—the government entity that brought you Solyndra— and the extent of the shenanigans is remarkable. Figures and documents provided to me show a loan free-for-all: More than $90 billion showered on entities in a matter of months, a lot of it to companies of questionable taxpayer value. The highlights of DOE’s review: Unprecedented...
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