Chris Wright revamping Biden green bank to focus on nuclear power

Published November 10, 2025 12:33pm ET



Energy Secretary Chris Wright announced plans Monday to further transition the Department of Energy’s major loan-granting office away from its Biden-era focus on renewable power sources and toward boosting nuclear energy.

Wright said that the largest portion of funding from the Loan Programs Office, which was often referred to as former President Joe Biden’s “green bank,” would now be dedicated to nuclear energy.

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