Trump Eyes Biden’s Green Bank, EV Tax Credits Amid Freeze

52-page document details which programs are under review
White House is scrutinizing funding as part of overhaul

US President Donald Trump on the South Lawn of the White House before boarding Marine One in Washington, DC.Photographer: Al Drago/Bloomberg

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By Ari Natter and Mackenzie Hawkins

January 29, 2025 at 1:07 AM UTC

Updated on

January 29, 2025 at 5:50 PM UTC

This article is for subscribers only.

A $400 billion green bank for clean energy projects and a popular consumer tax credit for electric vehicles are among federal programs being scrutinized amid a broader order from the Trump administration for a government-wide spending freeze.

The initiatives are listed in a 52-page spreadsheet from the White House Office of Management and Budget, seen by Bloomberg News, that details thousands of programs being analyzed.