Energy Sec Wright’s Testifies About Loan Approvals in Biden Admin’s Final 76 Days in Office – ‘$93 b

[rangerrebew]

Energy Sec Wright’s Testifies About Loan Approvals in Biden Admin’s Final 76 Days in Office – ‘$93 billion dollars. Well over twice as much as in the previous 15 years’
By Marc Morano
May 24, 2025
 
https://twitchy.com/dougp/2025/05/23/sen-john-kennedy-floored-by-energy-secretarys-testimony-about-biden-admins-last-minute-loan-approvals-n2413228

By Doug P.

The longer the Biden administration is out of office the more we’re finding out about just how disastrous and crooked it was. You already know that the media has taken the “now it can be told” approach when it comes to the steps the White House took to attempt to hide Joe Biden’s cognitive decline, and now we’re finding out more about why the Democrats have been freaking out about Team Trump’s focus on eliminating federal government waste, fraud and abuse.

There are reasons — billions and perhaps trillions of them — that the Democrats have had a meltdown about the new administration and DOGE.
Watch this exchange between Sen. John Kennedy and Energy Secretary Chris Wright for a greater understanding of the kinds of boondoggles taxpayers were being ripped off in order to fund, and it accelerated as January 20th approached:


 

Yikes.

Here’s just part of that back and forth:

***

Sen. Kennedy: The 76-day period you’re talking about, that’s the period between the time President Trump was elected, and President Biden left office, is that right?

Energy Secretary Wright: That’s correct.

Sen. Kennedy: And during that short period of time, 76 days, how much taxpayer money went out the door of the Department of Energy.

Energy Secretary Wright: From the loan program office, in loans and commitments, $93 billion dollars. Well over twice as much as in the previous 15 years.

Sen. Kennedy: How do you vet and do due diligence on a loan in 76 days? ONE loan, much less $93 billion dollars. How do you do it?

https://www.climatedepot.com/2025/05/24/energy-sec-wrights-testifies-about-loan-approvals-in-biden-admins-final-76-days-in-office-93-billion-dollars-well-over-twice-as-much-as-in-the-previous-15-years/