The big missing piece of the EV tax credit guidance
The Treasury Department has delayed issuing guidance on the \u201cforeign entity of concern\u201d provision in the Inflation Reduction Act\u2019s electric vehicle tax credits, which left companies uncertain about who they can partner with in the race to build a domestic EV industry. POLITICO\u2019s James Bikales breaks down the goal of that provision, why Treasury delayed releasing the guidance, and how industry and lawmakers are reacting. Plus, the White House has proposed regulatory review changes that would benefit climate regulations.