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DOE Cancels $4.9B Loan for Energy Project Illinois Lawmaker Calls a ‘Scam’

ILLINOIS, UNITED STATES, AUG 03 – The Department of Energy withdrew funding due to opposition over eminent domain and financing, with Illinois leaders calling the $4.9 billion loan a threat to property rights and farmers.

Summary by Denver Gazette
(The Center Square) – The U.S. Department of Energy has canceled $4.9 billion in federal loans for the Grain Belt Express, a proposed multistate transmission line that faced pushback from Illinois landowners over concerns about property rights and eminent domain.…

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presidentialprayerteam.org broke the news in on Sunday, August 3, 2025.
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