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President Trump spoke at the Department of Energy's Unleashing American Energy event this afternoon, culminating the White House's "Energy Week" by touting a handful of new initiatives that his administration claims will boost the economy by cutting Obama-era regulations.

The big thing: Trump stated that his administration plans to reduce barriers for foreign nations to gain loans to build new coal plants, which he argued prevents countries (like Ukraine) from achieving their full potential.

But it wasn't all energy. POTUS couldn't help but take a shot at CNN, which he branded as "fake news" before claiming that he saw the red light on the network's camera turn off. (CNN broadcast the president's remarks without interruption.)

Trump's other energy announcements:

  • A plan to revive and expand nuclear energy with a full review of the federal government's nuclear policy.
  • The creation of a new offshore oil and gas leasing program in federal waters.
  • The approval of a new oil pipeline to Mexico "that'll go right under the wall."
  • An agreement between Sempra Energy and South Korea to negotiate the sale of American natural gas.
  • DOE's approval of two applications to export natural gas from Louisiana.

Go deeper

Updated 38 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: Coronavirus cases rose 10% in the week before Thanksgiving.
  2. Politics: Supreme Court backs religious groups on New York coronavirus restrictions.
  3. World: Expert says COVID vaccine likely won't be available in Africa until Q2 of 2021 — Europeans extend lockdowns.
  4. Economy: The winners and losers of the COVID holiday season.
  5. Education: National standardized tests delayed until 2022.
3 hours ago - Health

Standardized testing becomes another pandemic victim

Photo: Edmund D. Fountain for The Washington Post via Getty

National standardized reading and math tests have been pushed from next year to 2022, the National Center for Education Statistics (NCES) announced Wednesday.

Why it matters: There’s mounting national evidence that students are suffering major setbacks this year, with a surge in the number of failing grades.

3 hours ago - World

European countries extend lockdowns

A medical worker takes a COVID-19 throat swab sample at the Berlin-Brandenburg Airport. Photo by Maja Hitij via Getty

Recent spikes in COVID-19 infections across Europe have led authorities to extend restrictions ahead of the holiday season.

Why it matters: "Relaxing too fast and too much is a risk for a third wave after Christmas," said European Commission President Ursula von der Leyen.