Politics and Government Politics and Government
Fri, December 6, 2024
[ 09:31 AM ] - MSN
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[ 09:31 AM ] - MSN
Trump and DeSantis's rocky relationship repaired as speculation mounts he could replace Hegseth
[ 09:31 AM ] - MSN
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[ 09:31 AM ] - MSN
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[ 09:30 AM ] - MSN
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[ 09:30 AM ] - The New York Times
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[ 09:00 AM ] - MSN
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[ 09:00 AM ] - MSN
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[ 08:31 AM ] - MSN
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[ 08:30 AM ] - The Independent
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[ 08:30 AM ] - CNN
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[ 08:02 AM ] - MSN
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[ 08:02 AM ] - MSN
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[ 08:01 AM ] - MSN
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[ 08:01 AM ] - MSN
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[ 08:01 AM ] - MSN
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[ 08:01 AM ] - MSN
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[ 08:01 AM ] - The Independent
Trump appoints podcaster as AI and crypto 'czar'; .. nsidering blanket pardons before transition: Live
[ 08:01 AM ] - BBC
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[ 08:01 AM ] - Orlando Sentinel
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[ 08:00 AM ] - News & Record
How -- and when -- will the Greensboro City Council fill the seat of the late Yvonne Johnson?
[ 08:00 AM ] - cnbctv18
My goal was government formation, not to become CM, says Devendra Fadnavis
[ 07:31 AM ] - MSN
Bernie Sanders Says RFK Jr.'s Comments On Food In .. y Correct' But Health Views 'Extremely Dangerous'
[ 07:31 AM ] - MSN
Rep. Crockett compares meeting with Musk, Ramaswa .. y about DOGE to visiting Jan 6 defendants in jail
[ 07:31 AM ] - MSN
Political journey of Eknath Shinde: From rebel to action man to 'Ladka Bhau'
[ 07:31 AM ] - MSN
Musk, Ramaswamy have few answers for tough DOGE questions from GOP
[ 07:30 AM ] - MSN
Musk heads to US Congress to discuss slashing government costs
[ 07:30 AM ] - Crain's Chicago Business
Durbin and Ramaswamy trade barbs over federal loan to Rivian

Durbin and Ramaswamy trade barbs over federal loan to Rivian


Published on 2024-12-06 07:30:50 - Crain's Chicago Business
  Print publication without navigation

  • As Elon Musk's cost-cutting partner takes aim at loans offered to Rivian and Stellantis, the Illinois senator calls out previous government loans to Tesla.

The article from Crain's Chicago Business discusses a public dispute between U.S. Senator Dick Durbin and entrepreneur Vivek Ramaswamy over a federal loan to Rivian, an electric vehicle startup. Ramaswamy, who has criticized the loan, suggested that the funds could be better used elsewhere, particularly in supporting small businesses. In response, Durbin defended the loan, emphasizing its role in fostering innovation and job creation in Illinois, where Rivian is building a manufacturing plant. Durbin highlighted the economic benefits, including the potential for thousands of jobs and significant investment in the local economy. The debate encapsulates broader discussions on government spending, economic development, and the role of federal loans in supporting new industries.

Read the Full Crain's Chicago Business Article at:
[ https://www.chicagobusiness.com/politics/durbin-and-ramaswamy-battle-over-federal-loan-rivian ]
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