white house involvement in loans detailed
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

White House involvement in loans detailed

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice White House involvement in loans detailed

Washington - UPI

Newly released e-mails offer details about the involvement of the White House in a loan program to help clean-energy companies, officials said Thursday. Documents provided by investigators for the House Oversight and Government Reform Committee show White House aides asked U.S. Department of Energy Secretary Steven Chu to brief President Obama on the status of the program on June 27, 2011, two months before the collapse of the Solyndra solar energy company, The Washington Post reported Thursday. Solyndra received a $527 million federal loan from the program before closing in August 2011. The FBI later raided its offices as part of a criminal investigation into the company\'s finances, and whether it misled the government, the newspaper said. The loan program has become an issue in the current presidential campaign, Republicans charging it wasted stimulus money meant to create jobs, and benefited Democratic fundraisers like Solyndra investor George Kaiser, an Obama donor. At the time of the President\'s request for a briefing, then-White House Chief of Staff William Daley resolved a dispute among administration officials over whether a $1.4 billion loan to Project Amp, which proposed to use Solyndra as a solar panel subcontractor, was consistent with the stimulus act. Daley\'s action cleared the way for the loan to proceed, the newspaper said. Administration officials said Wednesday the e-mails demonstrate White House involvement was appropriate and that there was no pressure on Energy Department officials, but Rep. Darrell Issa, R-Calif., and other Republican members of the House wrote to Obama requesting a \"full and complete\" explanation of his participation in the matter. \"The American people have a right to know the level of involvement you and other senior White House officials had in the loan guarantee,\" the letter reads in part.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

white house involvement in loans detailed white house involvement in loans detailed

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

white house involvement in loans detailed white house involvement in loans detailed

 



GMT 10:16 2016 Wednesday ,23 March

cartoon five

GMT 05:04 2024 Tuesday ,06 February

Skincare PR Performance Full Year 2017

GMT 10:08 2018 Wednesday ,24 January

Microsoft to open 4 data centres

GMT 11:41 2017 Wednesday ,22 November

Mladic sentenced to life for Bosnia genocide, war crimes

GMT 07:12 2017 Monday ,06 November

Actress Saba Mubarak happy for her new film

GMT 13:30 2017 Sunday ,17 December

For what it’s worth:New iMac Pro can set you back

GMT 08:36 2017 Sunday ,15 October

ADNOC strengthens energy partnership

GMT 22:11 2016 Monday ,27 June

Laurent Blanc Leaves Position as PSG Manager

GMT 12:44 2017 Wednesday ,17 May

Jordan FM Meets IAEA Director-General
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice