Obama defends solar loan, backs Holder on guns

Published



President Obama on Thursday defended his administration’s handling of two controversies that threaten to overshadow the jobs agenda he is desperately trying to sell to Congress and the American people.

In his first formal press conference in 12 weeks, Obama denied knowing anything about Operation Fast and Furious, a gun-running enterprise that allowed hundreds of guns to flow to Mexican drug lords, and he portrayed his administration’s $535 million investment in the now-bankrupt solar energy company Solyndra as a necessary risk.

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