WATCH LIVE: Trump to announce $700 million in coal support President Donald Trump is set to announce approximately $700 million in support for coal-fired power and coal exports. This move is expected to leverage the Defense Production Act to increase private industrial production of coal, an energy source that has seen a significant decline. The announcement coincides with the EPA rolling back anti-pollution measures to address rising energy demands.

• President Donald Trump is expected to announce $700 million in support for coal.
• Support will cover coal-fired power and coal exports.
• The announcement is scheduled for Wednesday at 3 p.m. from the Oval Office.
• Trump may use the Defense Production Act, a Cold War-era law, to boost industrial production.
• Coal power has declined over the past two decades.
• The EPA has rolled back Biden-era anti-pollution measures.
• These rollbacks are linked to rising energy demands from AI and lower costs due to the war in Iran.