According the Obama administration, “Daley is directing that an independent analysis be conducted to evaluate the state of the Department of Energy loan portfolio and make recommendations to the Administration about how to improve the loan monitoring process. This review will focus on the current state of the loan portfolio and improvements to the monitoring program.”

Daley said, “And while we continue to take steps to make sure the United States remains competitive in the 21st century energy economy, we must also ensure that we are strong stewards of taxpayer dollars.”