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The DCNF reported in November that the LPO had reached a conditional commitment to loan Li-Cycle, a battery recycling company, $375 million while the company was allegedly defrauding investors.
Bicameral GOP leaders are calling on the Biden administration to answer questions about its $3 billion loan to an unprofitable solar company with a history of customer complaints.
House GOP are probing the DOE's loan office’s due diligence given its recent history of approving loans to problematic companies.
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House Republicans sent a letter to an official in the Department of Energy on Monday following a Daily Caller News Foundation report about his office's activities.