Energy Secretary Chu to step down

Posted at: 02/01/2013 10:13 AM | Updated at: 02/01/2013 10:18 AM
By: The Associated Press

Photo: Steven Chu
Photo: Steven Chu

WASHINGTON (AP) - Energy Secretary Steven Chu is stepping down.

The Energy Department said Friday Chu has offered his resignation to President Barack Obama.

Chu won a Nobel Prize in physics but came under questioning for his handling of a solar energy loan.

Chu is a former director of the Lawrence Berkeley National Lab. He drew fire from Republicans who criticized his handling of a $528 million federal loan to solar panel maker Solyndra, which later went bankrupt, laying off its 1,100 workers.

The White House said Chu retained Obama's confidence, but Chu was widely expected to leave following Obama's re-election last fall.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

Print  

Paid Advertisement:




Paid Advertisement:
Know More? Got Photo? Got Video? Correction Needed?

KOB welcomes a lively and courteous discussion as long as you follow the rules of conduct set forth in our Terms of Use. Comments are not pre-screened before they post. You agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use.

Advertisement | Your Ad Here


Advertisement | Your Ad Here

Home
Set Home
SMS Text Alerts
Text Alerts
Email
Email News
RSS
RSS
Android App
Android App
iPhone - iPad App
iOS App

Advertisement | Your Ad Here


Site Index