00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The Trump administration is canceling $7.6 billion in grants that supported hundreds
00:06of clean energy projects in 16 states, all of which voted for Democrat Kamala Harris
00:11in the 2024 election, according to the AP. Projects affected include hydrogen hubs in
00:16California and the Pacific Northwest, battery plants, grid upgrades, and carbon capture
00:20initiatives. Cuts which filed $13 billion in rescinded climate funds last week threaten
00:25thousands of jobs and billions in private sector investment. Democrats accused Trump of weaponizing
00:30the shutdown fight to punish political opponents, while the DOE said the cancellations are business
00:35decisions. Board recipients have 30 days to appeal. For all things money, visit Benzinga.com.
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