DOE Pauses Ax on Minority Business Loans Amid Backlash
Published Date: 7/14/2025
Rule
Summary
The Department of Energy is hitting pause on new rules that would have stopped loans for minority-owned businesses trying to get DOE contracts. Because many people spoke up against it, the DOE is delaying when these changes take effect. This means minority businesses still have time to access loan help while the DOE rethinks the plan.
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Delay of DOE Loan Rescission Rule
The Department of Energy is extending the effective date of a direct final rule published on May 16, 2025, titled "Rescinding Regulations for Loans for Minority Business Enterprises Seeking DOE Contracts and Assistance." Because DOE received "significant adverse comments," the change will not take effect as planned, giving minority-owned businesses more time to seek loan help while DOE reconsiders the rule.
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