Energy Department loan office to prop up nuclear industry: Chris Wright

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The Energy Department will not be doing away with its Loan Programs Office but instead will use it to advance the construction of nuclear power, Energy Secretary Chris Wright told Congress.

Wright discussed the LPO, which Republicans have sought to cut following its enlargement by Democrats under former President Joe Biden, while appearing before the House Appropriations Subcommittee on Energy and Water Development on Wednesday for a fiscal 2026 spending hearing focused on the DOE’s budget.

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