"President Trump is expected to announce that his administration will put about $700 million to bolster coal.

Trump is set to use wartime authority under the Defense Prevention Act to dole out $425 million to 13 existing coal plants and $75 million for an export terminal in California.

He is also expected to announce $185 million in grant funding from the Energy Department to build two new coal plants in Alaska and West Virginia and restart a plant in Maryland.

The plans were first reported by Bloomberg and confirmed to The Hill by a White House official."

Rachel Frazin reports for The Hill June 3, 2026. [2]