Trump administration close to finalizing biofuel policy change: sources
FILE PHOTO: U.S. President Donald Trump speaks during a ceremonial swearing-in for Labor Secretary Eugene Scalia at the White House in Washington, U.S., September 30, 2019. REUTERS/Leah Millis
WASHINGTON (Reuters) - The Trump administration is close to finalizing a package of measures to adjust the policy mandating the use of biofuels, two sources familiar with the matter said on Tuesday, and is aiming to get the final deal signed by President Donald Trump on Friday.
Sources said the deal is unlikely to include a price cap for the trading of the biofuel credits, a measure that has been advocated by the oil industry.
(Reporting by Humeyra Pamuk and Stephanie Kelly; Editing by Leslie Adler)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump held multiple undisclosed calls with Fed Chair Warsh, reports say
- Take-Two shares dip as soft guidance overshadows Q1 beat ahead of GTA VI
- OpenAI eyes 2027 hardware entry with high-end smart speaker, Bloomberg reports
Create E-mail Alert Related Categories
General News, Politics, ReutersRelated Entities
Donald J. TrumpSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share