Energy Company Negotiating .6 Billion Loan From Biden Admin Made ‘False and Misleading Statements’ About Its Business Prospects, Lawsuit Says

Energy Company Negotiating $1.6 Billion Loan From Biden Admin Made ‘False and Misleading Statements’ About Its Business Prospects, Lawsuit Says

Plug Power has already raked in $70 million from Biden administration Jigar Shah (energy.gov), hydrogen facility (Plug Power Inc./Twitter) A hydrogen fuel company that raked in over $70 million from the Biden administration—and is negotiating a $1.6 billion federal loan—has been hit with a class action lawsuit from investors who claim that company made “false…

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Biden Says Economy Is ‘Strong,’ But 50% Of Voters Say Their Financial Situation Is Getting Worse As Markets And Employment Hit Record Highs

Biden Says Economy Is ‘Strong,’ But 50% Of Voters Say Their Financial Situation Is Getting Worse As Markets And Employment Hit Record Highs

Nearly every metric for measuring economic prosperity backs President Joe Biden’s proclamation in his State of the Union address in early March that “the state of our union is strong and getting stronger.” As the S&P 500 and the Nasdaq Stock Market raced toward all-time highs, Biden posted on X in mid-February, “The stock market…

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