The Trump administration is paying yet another company to give up the right to build wind energy offshore, saying the firm will invest in gas plants and geothermal energy instead. The Interior Department announced Wednesday that it reached a settlement agreement with affiliates of Invenergy to give up four offshore wind leases off the costs…

President Trump said Wednesday that oil reserves could have run out in four weeks if the Strait of Hormuz were not opened. “We run out of reserves at about four weeks,” Trump said in France while at the Group of Seven summit, discussing the recent memorandum of understanding with Iran. “You know, there are reserves…

During his Wednesday confirmation hearing, Federal Emergency Management Agency (FEMA) administrator nominee Cameron Hamilton sought to toe the line between restoring order after a turbulent year at the agency and President Trump’s desire to scale down federal disaster aid. Hamilton was FEMA’s acting head last year until he was fired in May 2025 after he said that FEMA…