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House to Investigate White House on Solyndra, LightSquared
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by News Editor
President Obama tours Solyndra in May 2010.
The Hill – Chairman of the House Oversight Committee Rep. Darrell Issa said Tuesday that his committee plans to investigate government loan programs to private corporations in light of allegations of improper dealings between the White House and failed energy company Solyndra and wireless startup LightSquared.
Issa said the committee was looking at whether it was improper for members of Congress or White House staff to select companies eligible for subsidized government loans when those companies could give campaign donations.
