White House Orders Review of Energy Department’s Loan Program
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The Obama administration ordered a review of the Energy Department’s loan program as House Republicans consider subpoenaing more White House records about a guarantee for failed solar-panel maker Solyndra LLC.
The analysis, to be conducted by former Treasury official Herbert Allison, will look at the department’s loan portfolio and focus on future monitoring and management, William Daley, President Barack Obama’s chief of staff, said in a statement.