24 Jun '11, 6pm

Solyndra’s Solar Loan From DOE Under Investigation: The Subcommittee on Oversight and Investigations has a hea...

Pursuant to rules X and XI of the U.S. House of Representatives, the Committee is conducting an investigation of the DOE Loan Guarantee Program and the Solyndra loan guarantee. Dating Back to March, OMB Has Refused Committee Requests for All Documents and Information Related to Solyndra Investigation The Committee on Energy and Commerce opened an investigation of the Department of Energy (DOE) Loan Guarantee Program on February 17, 2011, with a letter requesting documents and information from DOE Secretary Steven Chu. This Committee’s investigation showed that the Office of Management and Budget plays a key role in approving the DOE Loan Guarantees. For this reason, the Committee sent a letter to OMB Director Jacob Lew on March 14, 2011 (March 14 letter), requesting a briefing and certain documents regarding the Solyndra guarantee. Although this document request was sent o...

Full article: http://www.greentechmedia.com/articles/read/solyndra-sola...

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