The Energy Department is still trying to get rid of its minority business loan program

The US Department of Energy is delaying the effective date for rescinding regulations for a loan program aimed at minority-owned businesses. This means the program, which offers loans to help these businesses secure DOE contracts, remains in legal limbo.

This document is a procedural delay in a longer process to eliminate a specific program. The program was designed to help minority businesses get a foothold in the energy sector. Its removal would mean one less dedicated avenue for these businesses to access capital and contracts from the Energy Department.