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Solyndra Hearing Update: GOP Reps Grill Obama Officials Over Taxpayer-Funded Energy Loan


“You’re the driver, Mr. Silver. You’re the driver."

Hot Air's Ed Morrissey has the blow-by-blow of what happened on Capitol Hill Wednesday during the Solyndra hearing (you can get caught up here) involving Department of Energy official Jonathan Silver:

Freshman Rep. Morgan Griffith (R-VA) has a name that sounds more like a law firm — and that’s appropriate to keep in mind in this clip from today’s House hearing on Solyndra.  Griffith, a member of the Energy and Commerce Committee’s subcommittee on oversight and investigations, grills the Department of Energy’s Jonathan Silver about the decision to subordinate taxpayer investment in Solyndra to a new investor, Argonaut, as the green-tech firm was failing.  Griffith points out that Congress made clear that taxpayer funds for green-energy loans were not to be subordinated to other investors in case of bankruptcy and demands to know why Silver and the Obama administration disregarded it.  Silver responds that the DoE needed to use all tools it could to attempt to salvage the company to protect taxpayer funds — and Griffith pounces at the answer:

But the grilling didn't end there. Rep. Tim Murphy (R-PA) couldn't get Silver to admit who actually approved the loan despite the poor market signs.

“You’re the driver, Mr. Silver. You’re the driver," Murphy said:

Read more at Hot Air.

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