Trump Freezes Energy Department Spending, Loans
- Order essentially freezes agency with about $50 billion budget
- Trump has vowed to unravel Biden’s climate-friendly policies
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The Trump administration has halted spending, loans and other actions at the Energy Department as part of a “comprehensive review” to ensure they align with the president’s priorities, according to a memo from the agency’s acting secretary seen by Bloomberg.
The Jan. 20 memo freezes the awarding of grants, loans, funding opportunities, procurement announcements, rules, studies and activities including personnel moves and publication of rules and studies, until approval by acting secretary Ingrid Kolb.