Chu, Republicans Square Off On Solyndra Loan

Chu, Republicans square off on Solyndra loan

WASHINGTON (Reuters) - Republicans probing how a now-bankrupt solar panel company received a $535 million federal loan guarantee excoriated Energy Secretary Steven Chu on Thursday for his decisions on Solyndra at a hearing packed with media and spectators.

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BING NEWS:
  • Steven Chu Resigns as U.S. Energy Secretary
    Energy Secretary Steven Chu announced today he will leave his ... He faced harsh criticism from Republicans in Congress for approving a government loan-guarantee for Solyndra, a solar panel manufacturer that later failed, potentially costing taxpayers ...
    02/1/2013 - 6:06 am | View Link
  • Amid the Solyndra flap, Energy Secretary Chu tours, touts Arvada's GE/PrimeStar plant
    On Thursday, Chu faced pointed questions from Republicans during a meeting of a subcommittee of the House Energy and Commerce Committee over the bankruptcy of Solyndra, which had received more than $500 million in loan guarantees from the government.
    11/18/2011 - 7:01 pm | View Link
  • Solyndra Decision Not Influenced By Politics, Steven Chu Tells Congress
    Rep. Henry Waxman (D-Calif.) has dismissed the multi-pronged investigation of Solyndra's loan guarantee -- which House Republicans have been milking for all its political worth, strategically releasing 185,000 pages of documents to the media -- as little ...
    11/17/2011 - 10:36 am | View Link
  • Chu grilled by Republicans on Solyndra loan
    WASHINGTON (Reuters) - Energy Secretary Steven Chu staunchly defended decisions he made on Solyndra on Thursday as he came under a withering attack from Republicans during a grueling, media-packed hearing that lasted about five hours. The now-bankrupt ...
    11/17/2011 - 9:12 am | View Link
  • Chu Won’t Apologize for Solyndra
    Republicans questioned Chu as to why he and senior agency officials ignored red flags that were raised about the company at every stage of the loan process. They think they know the answer: One of Solyndra’s investors was a prominent Democratic Party ...
    11/17/2011 - 8:21 am | View Link
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