GOP-er says White House wants Energy Dept. to ‘take the fall’ on green loans
“But one of the things we have already discovered in some of the emails is that there were a lot of White House figures who were encouraging DOE to go ahead and make the Solyndra loan. We want to see what they were doing on that loan in particular and who was putting pressure on whom, and why,” he said.
An Energy and Commerce Committee panel is likely to vote Thursday to subpoena the White House for internal communications about the Solyndra financing. The company received a $535 million loan guarantee in 2009.
The committee’s Solyndra investigation has not uncovered evidence of political favoritism, but emails show that the White House pressed administration officials to make a swift decision on the Solyndra loan guarantee in 2009.
They also show that there was disagreement within the administration on the wisdom of approving the loan guarantee.
A second company that received an Energy Department loan guarantee, Massachusetts-based Beacon Power Corp., filed for bankruptcy protection Sunday.
This post was updated at 11:04 a.m.
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