Trump finalizes $1.6B loan for power lines initiated by Biden

The HillThursday, October 16, 2025 at 8:18:42 PM
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Trump finalizes $1.6B loan for power lines initiated by Biden
In a surprising turn of events, the Trump administration is finalizing a $1.6 billion loan for power lines across several states, including Indiana and Ohio, marking a rare moment of agreement with the Biden administration on energy funding. This initiative, announced by the Energy Department, aims to enhance and rebuild critical infrastructure, which is essential for improving energy reliability and supporting economic growth in these regions.
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