Combining funds from the Defense Production Act and 2021's infrastructure law, the $700 million pot will fund new coal plants and an export terminal.

President Donald Trump is preparing to use Cold War-era authorities to dole hundreds of millions of federal dollars to support coal-fired electricity as well as US …

Coal-related stocks and energy ETFs could be in focus Thursday on a reported nearly $700 million White House coal initiative.

President Donald Trump is expected to invoke the Defense Production Act to support and boost coal plants and exports.

Trump is expected to use the Cold War-era Defense Production Act, which would allow him to boost industrial production important to U.S. security.