Sen. Rand Paul (R-Ky.) grilled Energy Secretary Steven Chu Tuesday about the political nature of the administration making loans to alternative energy companies such as Solyndra.
Paul cited billionaire and Obama supporter George Kaiser’s involvement with the failed solar company.
“Are you concerned about the propriety of giving money, $500 million, to a billionaire [Kaiser] you know and then sort of changing the rules some so he gets to — maybe gets a better deal than the taxpayers do?” Paul asked Chu at a hearing conducted by the Senate Energy and Natural Resources Committee.
Chu denied that any preference was given to Kaiser.
Read more.
Leave a Reply