Trump counts on FERC chairman to push coal power plant bill through Congress

President Donald Trump is on the verge of subsidizing coal-burning power plants that “would otherwise be driven out of business by cheaper, cleaner natural gas,” according to Bloomberg. The news service says a plan “that would leave consumers footing a potential multibillion-dollar bill” to bail out money-losing power plants is expected December 11. Bloomberg says President Trump is counting on Federal Energy Regulatory Commission (FERC) Chairman Neil Chatterjee, a Republican from coal country, to help move the bill through Congress. For more, read the full story.