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Trump expected to announce $700M boost for coal

Politics The Hill By Rachel Frazin 03 Jun 2026 22:39 1 min read
Trump expected to announce $700M boost for coal

President Trump is expected to announce that his administration will put about $700 million to bolster coal. Trump is set to use wartime authority under the Defense Prevention Act to dole out $425 million to 13 existing coal plants and $75 million for an export terminal in California.  He is also expected to announce $185...

President Trump is expected to announce that his administration will put about $700 million to bolster coal. Trump is set to use wartime authority under the Defense Prevention Act to dole out $425 million to 13 existing coal plants and $75 million for an export terminal in California.  He is also expected to announce $185...

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