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‘High on the list of items’: Ramaswamy threat to claw back Rivian loan....

12/05/2024 8:39:24 AM PST · by RandFan · 10 replies
CNN ^ | Dec 5 | By Rene Marsh

(CNN) Vivek Ramaswamy, the incoming co-chair of President-elect Donald Trump’s commission to cut government spending, has set his sights on money the Biden administration is dispersing in its final days in office, including a key loan to a rival company of his commission co-chair, Elon Musk. Last week, the Department of Energy announced a $6.6 billion conditional loan commitment to Rivian, the electric vehicle startup that is a nascent competitor to Tesla, Musk’s $1 trillion car company. Ramaswamy says that loan and others like it are “high on the list of items” that he will look to claw back once...

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