Chu takes responsibility for Solyndra loan

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WASHINGTON — Energy Secretary Steven Chu said he made the final decisions on a half-billion-dollar loan to a California solar company that later went bankrupt.

Chu told a House panel under oath Thursday that he made all decisions involving the company known as Solyndra — and says he made those judgments with the best interests of the taxpayer in mind.

“I want to be clear: Over the course of Solyndra’s loan guarantee, I did not make any decision based on political considerations,” Chu told lawmakers.

He is likely to face sharp questions as members of the House Energy and Commerce Committee continues a nine-month investigation of Solyndra.

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