Grassley places holds on 3 Trump Treasury nominees (wants wind and solar tax credits continued)

Source: The Hill

Grassley places holds on 3 Trump Treasury nominees

by Rachel Frazin - 08/04/25 3:18 PM ET

Sen. Chuck Grassley (R-Iowa) is placing a hold on three of President Trump’s nominees to the Treasury Department over forthcoming administration rules expected to hamper tax credits for wind and solar energy.

Grassley, who recently engaged in a heated back-and-forth with Trump over the handling of judicial picks, announced his move to place the holds in the congressional record Friday.

“Today, I placed a hold on three Department of the Treasury nominees,” he said in the record, specifically naming Trump’s picks for the department’s general counsel, assistant secretary and undersecretary.

The Iowa Republican added that while the “big, beautiful, bill” recently passed by Congress allowed for wind and solar companies to continue to get tax credits if they begin construction of their projects in the next year, the Treasury Department “is expected to issue rules and regulations implementing the agreed upon phase-out of the wind and solar credits by August 18, 2025.”

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Read more: https://thehill.com/policy/energy-environment/5435397-grassley-curtis-trump-treasury-energy-tax-credits/