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

Reporting and findings

  1. estimate

    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.

  2. documented

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

  3. documented

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

Summary and current status

Disrupting the loan office delayed or displaced receipts owed to the government.

$263.32 million minority-staff estimate through July 2025

People and organizations

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
    estimated · 2025-07-31 · observedRead source record
    Calculation detailsPopulation Department of Energy Loan Programs Office interest and fee receiptsPeriod 2025-01-20 to 2025-07-31Basis Staff modeled receipts from affected loan transactions and delays.Limits Foregone-revenue estimate depends on transaction timing and counterfactual completion. Non-additive with the report's aggregate estimate.