Biden Administration Lends $6 Billion to Troubled Rivian for Electric Vehicle Factory
The Biden administration has agreed to loan troubled electric car maker Rivian $6 billion to build a new factory near Atlanta, Georgia, a huge sum from an administration loving EVs. This is assistance. of new york times report The Biden administration announced a $6 billion loan to Rivian, which makes electric vehicles and has struggled […]
Biden administration loans $6.6B to struggling Tesla rival Rivian
Shares of the struggling electric car maker that competes with Tesla have soared this week after the lame-duck Biden administration loaned the company billions of dollars. The Department of Energy announced Tuesday that it will provide Rivian with a $6.6 billion loan to build a $5 billion electric vehicle factory in Georgia that the company […]
Biden administration spent $267 million on ‘misinformation’ projects to battle vaccine skepticism
More than a dozen federal agencies under the Biden administration have been allocated funding for research and projects on misinformation, according to spending records. According to federal statistics obtained by open bookthe Biden administration has spread hundreds of millions of dollars across federal agencies to combat “misinformation.” Total amount: $273,860,723 Spent since 2017Only $6.7 million […]
Biden administration seeking to finalize $6.6B loan to build EV factory before term ends
The Biden administration is offering billions of dollars in federal loans to fund large-scale electric vehicle manufacturing plants in the months before the end of the president's term. The Department of Energy on Monday announced a $6.57 billion loan to EV maker Rivian Automotive to help build Project Horizon, a 9 million square foot electric […]
Biden administration wants to rein in use of AI in Medicare Advantage, among other fixes – STAT
Beneath Tuesday's flashy news that the Biden administration wants Medicare to cover a blockbuster obesity drug lies a less flashy but potentially influential force to improve private Medicare plans. A certain idea was hidden a little. Centers for Medicare and Medicaid Services proposed rule It signals technical and policy changes for Medicare Advantage and Medicare […]
Trump-endorsed Floridian launches bid to replace Mike Waltz following administration nomination
On Tuesday, Florida Republican Sen. Randy Fine announced he would run to replace Republican Rep. Mike Walz after securing an endorsement from President-elect Donald Trump. Fine is running to replace Walz after President Trump selected the retiring congressman to serve as national security adviser in the next administration. Walz confirmed Monday that he will resign […]
Expert touts Trump’s energy sector nominations, outlines hopes for administration agenda to spark energy boom
President-elect Trump is expected by many supporters to lead the U.S. energy “boom” by drastically cutting the Biden administration's regulations, and one industry expert told Fox News Digital that While giving a detailed overview, he said he was encouraged by Trump's Cabinet nominees in the energy field. What developments are you looking forward to in […]
Biden administration finalizes nearly $8B in CHIPS funding for Intel
Under the final agreement with the Biden administration, Intel will receive approximately $7.86 billion in CHIPS and Science Act funding to build new semiconductor manufacturing facilities in four states. The final award is more than $600 million less than the $8.5 billion originally announced in March, after the chipmaker signed a separate $3 billion contract […]
Biden administration preliminarily OKs $6.6B loan to EV maker Rivian
The Biden administration previously announced it would provide electric vehicle maker Rivian with a $6.6 billion loan to build a factory in Georgia. The administration said the loan will help Rivian build a facility to produce up to 400,000 “mass-market” electric SUVs and crossovers. Specifically, the company plans to help build Rivian's R2 and R3 […]
Republicans in Congress grill Biden administration on rise of Tren De Aragua in their state
Members of Missouri's congressional delegation are demanding answers from the president about members of the violent Torren de Aragua (TdA) Venezuelan prison gang in the state. Members of the TdA gang have been charged with brutal violence, murder, kidnapping, extortion, bribery, human trafficking, drug trafficking and other charges, and are involved in more than 100 […]