Trump Targets Billions in Energy Grants for New Round of Audits

President Donald Trump’s administration is deepening its review of more than $15 billion in grants and other support awarded by its predecessor for upgrading power grids and manufacturing energy technology.

Energy Secretary Chris Wright is ordering the stepped-up scrutiny, with a plan for case-by-case reviews to ensure projects that won funding under former President Joe Biden are financially sound, aligned with US economic and security interests and consistent with the Trump administration’s policies, according to documents seen by Bloomberg News.