AI Boom or Political Play? Trump Channels Defense Funds Into Dying Co… | HappeningNow.news

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AI Boom or Political Play? Trump Channels Defense Funds Into Dying Coal Plants

The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new construction, and push open a Californi…

Source Summary Published June 6, 2026 Brief Under 1 min brief
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The Trump administration is set to channel nearly $700 million in federal funds into the U.S. coal industry Thursday, invoking a Korean War-era statute to prop up existing power plants, finance new construction, and push open a California export terminal that has been blocked for nearly two decades.

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