Fossil-fuel firms in line for billions in benefits after answering Trump’s donation call
The gist
Two Senate Democrats released a report saying oil and gas firms got billions in benefits after Trump's $1 billion donation ask.
The report sets up a midterm fight over energy policy and who pays for it.
How it unfolded
- 2024 campaignThen-candidate Donald Trump asked oil and gas companies for $1 billion in donations during the 2024 campaign.
- Sep 2026The EPA announced rules to repeal former President Joe Biden's limits on carbon emissions from coal- and gas-fired power plants and to prevent future climate-focused regulations on them.
- Sep 24, 2026Two top Democrats in the US Senate launched a report saying oil and gas companies were rewarded with tax breaks, subsidies and rollbacks of environmental regulation after Trump's $1 billion donation ask.