Biden admin breaks DOE loans record while exiting office.

Department of Energy Wright and Senator Kennedy leave the chamber quiet as they discuss the Biden administration waste of $93 billion, RIGHT BEFORE leaving office.

$93 billion handed out by the Biden administration with no business plans, no financials, nada.
This broke an all time record going back 15 years.

👉Kennedy highlighted that this amount—loans and commitments from the DOE Loan Programs Office—was disbursed over 76 days between President Trump's November 2024 election and President Biden's January 20, 2025, departure from office, exceeding twice the prior 15 years' total

Source:
https://www[DOT]energy[DOT]gov/articles/energy-secretary-wright-testifies-senate-appropriations-subcommittee-fy2026-budget-request

👉Wright responded to Senator Kennedy: "From the Loan Program Office in Loans and Commitments, $93 billion. Well over twice as much as in the previous 15 years." This implies the prior 15-year total was under $46.5 billion
Source:
https://katv[DOT]com/news/nation-world/energy-secretary-calls-90-billion-green-loans-a-last-minute-spending-spree

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