Senate minority staff estimated $263.3 million in lost Energy loan interest and fees

Entities and roles

• Russell VoughtTrump-appointed OMB director and acting CFPB director
• Elon MuskTrump-appointed senior adviser who led DOGE work
• U.S. Department of Energyenergy agency whose loan operations were disrupted
• Donald J. Trumppresident authorizing the administration action

Relationships in this file

1. Elon Muskreduced or delayed federal loan-program receiptsU.S. Department of Energy
2. Donald J. TrumpTrump-appointed senior adviser who led DOGE workElon Musk
3. Donald J. TrumpTrump-appointed OMB director and acting CFPB directorRussell Vought

Money trail

1. revenue$263.3 million in lost Energy loan interest and fees$263.32 million

   Estimated revenue source

   Energy loan borrowers

   Estimated revenue recipient

   Foregone U.S. Treasury receipts

   Financially affected

   Federal taxpayers and clean-energy borrowers

Claims and evidence

1. estimateestimate

   PSI minority staff estimated $263,315,696.90 in foregone interest and fee revenue associated with DOGE-era disruption at the Department of Energy Loan Programs Office.

   • U.S. Senate Permanent Subcommittee on Investigations, Minority Staff: The $21.7 Billion Blunder: Analyzing the Waste Generated by DOGEPassages and source records documenting: Senate minority staff estimated $263.3 million in lost Energy loan interest and fees
2. factdocumented

   Elon Musk was the Trump-appointed senior adviser who led DOGE work.

   • The White House: President Trump participates in a press conference with departing DOGE adviser Elon MuskAppointment or biography record identifying Elon Musk as Trump-appointed senior adviser who led DOGE work
3. factdocumented

   Russell Vought was the Trump-appointed OMB director and acting CFPB director.

   • United States Senate: Roll Call Vote 37: Confirmation of Russell VoughtAppointment or biography record identifying Russell Vought as Trump-appointed OMB director and acting CFPB director