The top Republican on the Senate energy committee launched an inquiry on Wednesday into a Biden administration grant to a China-based battery company under scrutiny from U.S. financial regulators. The announcement came in the wake of a Washington Free Beacon report about the Biden administration’s attempt to spin the grant as a boon for American-made clean energy.
Sen. John Barrasso (R., Wyo.), the ranking member of the Senate Energy and Natural Resources Committee, said the Department of Energy’s grant to Microvast Holding “endangers our national security” and “undermine[s] the United States’ position in its race against China for technological supremacy,” in a letter to DOE secretary Jennifer Granholm on Wednesday.
Photo credit: freebeacon.com
