Trump Energy pick Chris Wright plans to resign from board of company receiving federal handouts

Trump Energy pick Chris Wright plans to resign from board of company receiving federal handouts


President-elect Donald Trump’s pick for energy secretary, Chris Wright, expects to resign as a board member from a company that recently received taxpayer-backed grants — getting ahead of possible conflict of interest accusations.

Wright, the CEO of Liberty Energy, is on the board of directors for Oklo, a nuclear energy company in California backed by OpenAI CEO Sam Altman. In 2022 and 2023, the Energy Department awarded grants totaling $2.7 million to Oklo until 2025 and 2026, according to federal funding records.

TRUMP CABINET PICKS: WHO’S BEEN TAPPED TO SERVE IN THE PRESIDENT-ELECT’S ADMINISTRATION

Trending: Melania Reveals Jaw-Dropping Persecution After Leaving WH, Was Even Kicked Out of Bank

To watchdog groups, it would be a clear conflict of interest and in violation of federal rules for Wright, if confirmed by the Senate, to remain on the board of

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!