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Trump invests $700 million in coal using wartime authority funds under Defense Production Act

Posted

June 5, 2026

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The Trump administration is putting hundreds of millions of federal dollars toward coal, one of the president’s favorite energy sources.

President Trump announced the move during Thursday remarks in the Oval Office, saying his administration is “taking historic action to bring down the price of energy and the cost of living for all Americans with the power of clean, beautiful coal.”

#coal #trump #energy

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