DOE Loan Probe Wants to Hear From Bryson and Chu

GOP lawmakers have alleged that the administration did not adequately oversee the program and officials doled out loans to companies that were friendly to the White House.

Green_Dollar_SignsHouse Oversight and Government Reform Committee Chairman Darrell Issa (R-Calif.) wants to hear from two Cabinet officials — Commerce Secretary John Bryson and Energy Secretary Steven Chu — as part of an investigation into the Energy Department’s loan program.

Republicans alleged at a hearing that Bryson, while chairman of BrightSource Energy, planned to lobby the White House for speedy finalization of a $1.6 billion loan guarantee for the Ivanpah solar generation project in California.

The committee chairman also confirmed that he plans to invite Chu to testify on the loan program, pointing to an “inconsistency” in the secretary’s testimony before the panel in March.

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Source: Andrew Restuccia | The Hill