The Tesla Motors plant sits ready and waiting for new workers to fill its assembly lines, thanks to a nearly have a billion dollar loan from the U.S. Department of Energy. The car maker said Tuesday that it planned to hire about 400 people.
A Friday House hearing into bankrupt solar panel maker Solyndra and its half a billion dollar federal loan guarantee turned into a tense partisan skirmish.
An Energy Department adviser and former fundraiser for President Barack Obama pushed for Solyndra to receive a half-billion federal loan, despite pledging to recuse himself because his wife’s law firm represented the company.
President Obama made his staunchest defense yet of the failed half-billion dollar federal loan to now-bankrupt Solyndra at a Thursday news conference.
The Obama administration wants to make it easier for Asian Americans to start companies and hire workers, Commerce Secretary Gary Locke said Friday.