Biden Issued $90B In Energy Loans Between Trump’s Victory And Inauguration, $49B Within 2 Days
By Mark Jackson / June 26, 2025
The Biden Department of Energy’s Loan Programs Office rushed to approve more than $90 billion in green energy loans in the period between President Trump’s election and his inauguration.
According to U.S. Secretary of Energy Chris Wright, the Biden administration issued more loans within 76 days than it had issued in the previous fifteen years.
“To put that in context, over 15 years, it had put out about $43 billion,” Wright told Breitbart News.
“Then we had an election on November 5 last year, right? And President Trump won that election. After that election day and until President Trump’s inauguration, $90 billion — over twice what was done in 15 years — was done in 76 days.”
Additionally, over half of the loans, totaling $49 billion, were issued within two days before Trump’s inauguration. Speaking to Fox News in May, Wright questioned why the Biden administration had to wait until it lost the election to disburse the funds.
https://thepopulisttimes.com/biden-issued-90b-in-energy-loans-between-trumps-victory-and-inauguration-49b-within-2-days/
