Trump Seeks a US Nuclear Revival With $17.5 Billion in Loans

The Trump administration has unveiled a plan to rejuvenate the nuclear power sector in the US by offering $17.5 billion in loans to utilities to purchase equipment for new reactors from Westinghouse Electric Co. This initiative aims to revive a struggling industry and could significantly impact the nation's energy landscape, promoting nuclear power as a viable alternative to fossil fuels. However, the plan faces skepticism given past nuclear projects' financial troubles and safety concerns, raising questions about its feasibility and long-term benefits.