Rep. Fred Upton (R-Mich.) asked Department of Energy Secretary Steven Chu if he owes the taxpayers an apology for the $535 million lost under the Solyndra loan guarantee. Chu replied that he believes appropriate decisions were made, but noted that the incident was unfortunate. (0:22)
Rep. Fred Upton (R-Mich.) questioned Department of Energy Secretary Steven Chu about how much tax payer money lost in the $535 million Solyndra loan guarantee is likely to be recovered. Chu replied “not very much.” (0:22)
Rep. Henry Waxman (D-Calif.) questioned Department of Energy Secretary Steven Chu about the risks involved with the Solyndra loan guarantee in a House Subcommittee on Oversight and Investigations hearing Thursday. (0:22)
Department of Energy Secretary Steven Chu defended the DOE’s loan guarantee program, telling members of the House Subcommittee on Oversight and Investigations that it is essential for economic stability that the U.S. invest in risky loans to further renewable energy production. (0:23)
Rep. Steve Scalise (R-La.) grilled Department of Energy Secretary Steven Chu, charging the subordination of the tax payer for corporate interests as a result of the restructuring of the $535 million Solyndra loan guarantee. (0:12)
During a hearing on Solyndra Friday with the House Energy and Commerce Committee, Rep. Michael Burgess (R-Texas) said more money should have been taken from the DOE loan guarantee program and the building should be marked as a crime scene. (0:49)
CR, DOE, Michael Burgess, loan guarantee program in Audio During a hearing with the House Energy and Commerce Committee Friday, Rep. Gene Green (D-Texas) says Solyndra is just one case and its failure should not interfere with the exploration and development of alternative energy sources. (0:29)
Rep. Fred Upton (R-Mich.), Chairman of the House Energy and Commerce Committee, at a hearing into the $535 million loan guarantee awarded to Solyndra Inc. tells the silent Solyndra executives, “We’re not done.” (0:30)
