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Energy Secretary Steven Chu will be leaving his post, the White House confirmed Friday, exiting the administration at the start of President Obama's second term after a rocky tenure. In his resignation letter, Chu said he intend to stay on board "past the end of February" to help the department find his successor. Chu's leadership has drawn sharp criticism from Republicans who questioned his controversial support for and handling of a $528 million federal loan to solar panel maker Solyndra before the company filed for bankruptcy.Solyndra was the first renewable-energy company to receive a loan guarantee under the 2009 stimulus law, and the Obama administration frequently promoted the company as a model for its clean energy program. Chu attended a 2009 groundbreaking when the loan was announced, and Obama visited the company's Fremont, Calif., headquarters the next year.The company's implosion in 2011 and revelations that the administration hurried a review of the loan in time for the g...
FBN’s Gerri Willis argues Energy Secretary Steven Chu should step down.
National Legal & Policy Center’s Paul Chesser argues Department of Energy Secretary Steven Chu needs to resign over rising gas prices and failed green energy policies.
Energy Secretary Steven Chu said Thursday he doesn't think taxpayers will recover much of their $528 million loan to bankrupt solar firm Solyndra, calling the situat...
Talking Points 3/21
What a difference a week makes for President Obama, as rising gas prices put more and more pressure on his administration. Last Tuesday at a news conference, the pre...
A U.S. Department of Energy panel wants energy companies to reveal all the chemicals they use in a drilling technique that has allowed them to reach huge and previou...
The Obama administration’s energy policy chief on Tuesday gave himself an A for controlling gas prices that have reached a record high at pumps across the country, d...
Energy Secretary Steven Chu will return to Stanford University after he steps down this year.Chu, a Nobel Prize-winning physicist, will rejoin Stanford's faculty, wh...
Sen. James Inhofe, (R-Okla.), on suit against the EPA and Energy Secretary Steven Chu telling Congress that lowering gas prices is not a concern.
FBN’s Neil Cavuto on Energy Secretary Steven Chu ’s testimony at a Congressional Hearing on Solyndra.
FBN's Rich Edson on a Senate committee hearing today where Energy Secretary Steven Chu was questioned about Solyndra.
The Senate has unanimously confirmed President Obama's nominee to lead the Energy Department.Physicist Ernest Moniz is a professor at the Massachusetts Institute of ...
With reactors at the Fukishima Daiichi nuclear plant in danger of a meltdown, the world waits with bated breath for the outcome. Interestingly, physicists, the peopl...
Energy secretary talks Japan crisis
Rep. Andy Harris, (R-Md.), on why Energy Secretary Steven Chu needs to resign over the Solyndra scandal.
Former Secretary of Energy Spencer Abraham on efforts to get the President to approve the Keystone Pipeline.
U.S. Energy Secretary Steven Chu gives his outlook for the U.S. energy policy and his plan to make sure ethanol subsidies stay in place.
Energy Secretary Steven Chu plans to say that the buck stopped with him over the half-billion dollar loan made to California solar company Solyndra, using a hearing ...
Tesla Motors, which makes a highly acclaimed $70,000 electric car, has paid off a startup loan from the U.S. government nine years early.The Palo Alto, Calif., compa...
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