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Trump’s Funding Freeze Raises a New Question: Is the Government’s Word Good?

Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.

Β© Stefani Reynolds for The New York Times

Energy Department officials have ordered an internal review of potentially billions of dollars worth of climate and infrastructure spending that was awarded by the Biden administration after the Nov. 5 election.

Chris Wright Is Confirmed as Secretary of Energy

The former fracking executive said in confirmation hearings that his top priority would be to β€œunleash” American energy production.

Β© Anna Rose Layden for The New York Times

Chris Wright, in his Senate hearing, also tried to reassure Democrats that he believed climate change was a β€œglobal challenge that we need to solve.”

Trump’s Funding Freeze Raises a New Question: Is the Government’s Word Good?

Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.

Β© Stefani Reynolds for The New York Times

Energy Department officials have ordered an internal review of potentially billions of dollars worth of climate and infrastructure spending that was awarded by the Biden administration after the Nov. 5 election.
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