June 26, 2025
🏛️ I'd like to say we're almost there. Keep watching your inbox — we'll have reconciliation news whenever the Senate gets it together.
🎤 Today's last song comes from Rep. Rob Wittman: "This Train" by Joe Bonamassa.
1 big thing: Top energy appropriator backs loan office for nuclear
House Republicans are drafting a spending bill that funds the Energy Department's Loan Programs Office for nuclear projects, Rep. Chuck Fleischmann says.
Why it matters: The top energy appropriator's comments are the clearest sign yet that the loan office — a perennial GOP punching bag — will continue to issue funding for President Trump's priorities.
What he's saying: LPO is "perhaps the best — and sometimes maybe the only — vehicle to promote new nuclear," Fleischmann told me.
- At the same time, Fleischmann said, he's "going to be addressing" the White House's proposed 24% cut to DOE's Office of Nuclear Energy.
- "My theme is going to be consistent with supporting research, deployment, financing and all-of-the-above with new nuclear," he said.
- He declined to provide specific numbers because the bill isn't final yet.
The big picture: Fleischmann's full-throated endorsement comes after Energy Secretary Chris Wright told an audience two weeks ago that he's working with Congress to maintain funding for LPO.
Between the lines: Despite Wright's comments, Trump energy officials and congressional Republicans have sent mixed signals on LPO's fate.
- LPO's level of government subsidy is "irresponsible and unsustainable, focused on misguided priorities and was often done to the detriment of free markets and private enterprise," Rep. Bob Latta, chair of House E&C's energy subcommittee, told Wright this month.
- The House GOP's reconciliation bill proposes to eliminate unused IRA loan funding, though the DOE's budget proposal included some funding to keep the loan office open.
- And Wright said Tuesday that it's "absolutely infuriating" how much money the outgoing Biden administration finalized after Election Day — though DOE has continued loan disbursements to bring a Michigan nuclear reactor back online.
Still, Energy and Natural Resources Chair Mike Lee proposed $660 million for new "energy dominance" financing while repealing a similar program that the IRA set up.
- And a top DOE official said in May that the agency will lean on DOE loans to coal plants and to meet data-center energy demand at the 16 agency sites that cohost data centers and energy infrastructure located next door.
Flashback: Fleischmann last year proposed reprogramming $9 billion from LPO to fund three advanced nuclear demonstration projects in the energy-water spending bill.
The other side: Marcy Kaptur, the top Democrat on the energy-water panel, and other Democrats have decried DOGE-driven energy funding and staffing cuts and are unlikely to be part of any agreement.
What's next: The House panel plans a budget hearing for July 10, Fleischmann told me yesterday on his way to — appropriately enough — a nuclear energy dinner.
2. Catch me up: Public lands, FERC, solar
🏔️ 1. Lee downsizes: The ENR chair has scaled down his ambitions to sell off public lands for housing in the hopes of passing muster with the Senate parliamentarian.
- Even if the nonpartisan referee agrees, Lee will have to persuade a group of Republicans that staunchly opposes the idea.
⚡️ 2. Sticking around: FERC Chair Mark Christie said he'd chair the July meeting if the Senate hasn't confirmed his successor by then.
- Christie, whose term expires Monday, could seek to address an open docket on co-location of data centers next door to power plants.
☀️ 3. Sunny times: Sen. Ben Ray Luján reintroduced legislation that would support community solar projects.
☢️ 4. WIPPlash: Half of the key equipment and other assets the DOE needs to bury nuclear waste at New Mexico's Waste Isolation Pilot Plant were in "substandard or inadequate condition" in 2023, the Government Accountability Office said yesterday.
✅ Thank you for reading Axios Pro Policy, and thanks to editors Chuck McCutcheon and David Nather and copy editor Brad Bonhall.
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