Biden admin defends handing lucrative grant to energy firm with deep China ties
Fox News
The Department of Energy defended a recent decision to help fund a battery factory for a company that has generated the vast majority of its revenue from China.
However, 69% of Microvast's revenue was generated in China and just 3% came from the U.S., according to a third quarter financial disclosure it filed with the Securities and Exchange Commission (SEC) last month. In the same filing, the company acknowledged that the Chinese government "exerts substantial influence" over its business activities and "may intervene at any time and with no notice." Thomas Catenacci is a politics writer for Fox News Digital.
"Microvast is an American battery company," a DOE spokesperson told Fox News Digital in a statement. "And thanks to the Bipartisan Infrastructure Law, it no longer needs to look to China to establish its manufacturing facilities. The President’s historic agenda is helping to reshore manufacturing back to the U.S."
Senate Democrats are divided on how they will vote on a bill to avert a government shutdown.
Senate Democrats are divided on how they will vote on a bill to avert a government shutdown.
A once-busy border sector just east of San Diego has become quiet since President Donald Trump took office and began aggressively securing the border, says a veterans group.
The number of nationwide gotaways has declined significantly under President Donald Trump compared to the throes of President Joe Biden's administration.
The early moves in the 2028 White House race - at least among the Democrats - are getting underway - as potential presidential contenders grab plenty of attention
President Trump holding out "hope" that Russian President Putin will "do the right thing" and agree to a ceasefire just moments after Moscow said there was more to discuss on a truce with Ukraine.
A federal judge ordered the Trump administration to reinstate probationary workers who were let go in recent mass firings from six different agencies, including the Department of Defense.
Several dozen pro-Mahmoud Khalil protesters occupied the lobby area of Trump Tower on Manhattan's Fifth Avenue on Thursday, calling for the release of the anti-Israel activist who was detained over the weekend.
Popular rapper Lil Yachty said Black Lives Matter is a "scam" on an episode of "Feeding Starving Celebrities" with influencer Quenlin Blackwell earlier this month.
President Donald Trump and Office of Management and Budget Director Russell Vought are looking at a strategy to impound federal funds, Fox News Digital is told.
President Donald Trump insisted that no one would be "expelled" from Gaza, after Arab states came up with their own solution for rebuilding the territory.
A federal judge blocked the Trump administration Wednesday from cutting off the law firm's access to federal resources.
Luigi Mangione's Pennsylvania defense attorney argues that authorities' use of the word 'manifesto' to describe UnitedHealthcare CEO murder suspect's 'personal writings' is 'incorrect.'