The GOP wants banks to help the oil industry

Published: May 4, 2020, 9 a.m.

Big financial institutions are declining  to finance some projects in the oil industry due to environmental reasons. Now, with plummeting oil prices, POLITICO’s Anthony Adragna explains why Republicans want to force these banks back off their promise to shun Arctic development. Plus, the president sets restrictions to protect the power grid from foreign interference. Kelsey Tamborrino is a Politico Energy reporter. Irene Noguchi is the executive producer of Politico's audio department. Jenny Ament is the senior producer of Politico's audio department. Carlos Prieto is a Politico podcast producer.