‘CANCELED’: President Trump Issues Massive Blow to Radical Left
The Trump administration has canceled nearly $30 billion in Biden-era clean energy loans and is reviewing another $53 billion as part of a sweeping audit of the Department of Energy’s loan portfolio, Energy Secretary Chris Wright announced Friday.
The decision marks one of the most significant rollbacks yet of President Biden’s green energy agenda and underscores the Trump administration’s effort to redirect federal funding toward what it calls “affordable, reliable, and secure American energy.”
“Over the past year, the Energy Department individually reviewed our entire loan portfolio to ensure the responsible investment of taxpayer dollars,” Wright said in a statement. “We found more dollars were rushed out the door of the Loan Programs Office in the final months of the Biden administration than had been disbursed in over fifteen years.”
The Energy Department’s Office of Energy Dominance Financing (EDF) — a restructured version of Biden’s Loan Programs Office — said the funds were part of the “Green New Scam loans” that were hastily approved without sufficient oversight.
According to the department, roughly $9.5 billion in loans for wind and solar projects were eliminated outright and will be replaced by investments in natural gas expansion, small modular nuclear reactors, and upgrades to aging power plants. Wright said those changes will make energy “more affordable and less dependent on foreign supply chains.”
“President Trump promised to protect taxpayer dollars and expand America’s supply of affordable, reliable, and secure energy,” Wright said. “Today’s cancellations deliver on that commitment.”
The review follows months of internal restructuring within the Department of Energy.
Since returning to office, the Trump administration has undertaken a broad effort to unwind what officials describe as politically motivated “green slush funds” created under the Bipartisan Infrastructure Law (BIL) and the Inflation Reduction Act (IRA).
More than $25 billion in BIL energy appropriations and $4.3 billion in IRA funds have remained unspent since Biden left office, while another $11 billion in IRA funding was rescinded under the One Big Beautiful Bill Act (OBBBA) — legislation signed by Trump to reclaim unused climate subsidies and redirect them toward domestic fossil fuel and nuclear development.
A senior Energy Department official said the administration’s review found “systemic failures” in how the Biden White House approved grants and loans in its final year.
“Many of these programs were riddled with conflicts of interest and lacked due diligence,” the official said. “We had companies receiving billions in federal financing that were weeks away from insolvency.”
The scale of the cancellations is unprecedented. Since May 2025, DOE has rescinded or suspended over 340 clean energy awards valued at more than $11 billion, including major industrial demonstration grants and several of Biden’s high-profile Hydrogen Hub projects in California, Oregon, and Minnesota.
In total, nearly 17 percent of all BIL-awarded funds and 7 percent of IRA awards have now been canceled under the Trump administration’s review.
The Energy Department also confirmed that the Industrial Demonstration Program, a Biden-era initiative to subsidize green manufacturing, saw 18 of its 36 approved awards canceled outright — amounting to nearly $3 billion in rescinded commitments.
Wright argued that those programs failed to produce measurable results. “We cannot keep throwing taxpayer money at corporate handouts that don’t deliver energy security or economic value,” he said.
Still, Wright and his team insist the shift reflects a broader realignment of national priorities.
Under President Trump, the Energy Department’s new Energy Dominance Financing (EDF) office holds $289 billion in loan authority, which will prioritize projects tied to nuclear power, carbon capture, and modernized natural gas infrastructure.
In October, the department canceled another $8 billion in green grants, halting 223 projects across 16 states after what Wright called “a thorough, individualized review.” Those funds are now being redirected toward rural energy development, critical mineral extraction, and coal plant modernization efforts.
“Rest assured, the Energy Department will continue reviewing awards to ensure every dollar works for the American people,” Wright said. “The era of blank checks for politically connected green ventures is over.”
Top DHS Special Agent And His Wife Found Dead
A Department of Homeland Security special agent and his wife were found dead in their New Jersey home in what appears to be a murder-suicide, prosecutors said.
Police in Sayreville responded to the couple’s home on Glynn Court around 8 p.m. July 3 and found Kelly Latauro, 46, dead inside the residence, the Middlesex County Prosecutor’s Office said.
Her husband, 52-year-old Christopher Latauro, was discovered dead in the backyard.
Both appear to have been shot.
Authorities said Christopher is believed to be the shooter and the case is being investigated as a murder-suicide.
Police told residents to keep away from Glynn Court, from Deerfield Road to Scarlet Drive, briefly because of police activity.
The area was reopened about 40 minutes later, but police remained on scene.
According to NJ101.5, citing DHS records from 2019 and 2020, Christopher was a special agent for the Department of Homeland Security.
Authorities have not said what may have sparked the violence.
Kelly’s sister-in-law Robyn Perlman-Spencer confirmed her death in a Facebook post on July 7, remembering her in a heartbreaking tribute.
“As many of you may now know, my beautiful sister in law Kelly Iatauro was senselessly and suddenly taken from us on Friday. Kelly was a bright light- kind, thoughtful, hysterical, inappropriate, and just one of the most amazing people I’ve ever known. She left a lasting impression on anyone that was lucky enough to know her,” Robyn wrote in part.
Sayreville police confirmed officers responded to the Glynn Court residence on July 3 and found both people dead of gunshot wounds.
The incident is being treated as a murder-suicide, and Christopher is suspected to be the shooter, the spokesperson said.
The Department of Homeland Security and Middlesex County Prosecutor’s Office did not immediately respond to additional requests for comment on the case.
What began as a heavy police response to a deadly scene left two people dead and the quiet Middlesex County neighborhood stunned.
Investigators are still trying to piece together what happened inside the home leading up to the gunfire.
Separately, Homeland Security Secretary Markwayne Mullin made headlines last week with an election-related announcement.
Mullin on Friday said officials who don’t cooperate with the administration’s election security efforts may be slapped with fines — and potentially prison time.
“If the election officials, once we gave them the information they need to secure their elections — and they chose not to — then those individuals can also be held accountable by fines, by penalties, and even, depending on how far it goes, prison time,” Mullin said during a press conference at the Eisenhower Executive Office Building.
Mullin also promised DHS would work to “speed up our security enhancements” for states.
He vowed to hold up federal election security grants until state officials took steps the administration demanded, including running their voter registration lists through a system that checks for non-citizen voters on the rolls.
Mullin made his comments after President Donald Trump’s primetime address on election security Thursday night, when he repeated already known concerns about the security of voting systems, alleged Chinese efforts to get into voter rolls, and aired old gripes about the results of the 2020 election, which he lost to Joe Biden.
In his remarks on Friday, the DHS secretary focused on DHS’s work with states to secure election systems and scrub voter registration rolls for fraud and concerns about noncitizen voting.
The Justice Department also sent letters this month threatening prosecution to election officials across the country if they don’t remove noncitizens from their voter rolls.
On Friday, Mullin seemed to suggest that the agency was able to estimate the numbers using the Systematic Alien Verification for Entitlements (SAVE) system at the U.S. Citizenship and Immigration Services and said 23 states are already working with DHS to analyze voter rolls.
And he criticized the legal challenges that are hindering the administration’s efforts: Last month, a judge blocked the Trump administration from creating a database of information about Americans, including Social Security numbers and citizenship status.
