Seeking to quell concerns on Capitol Hill, the Trump administration circulated a memo on Tuesday confirming that the energy firm is currently solvent enough to be trusted with the Kingdom's emerging nuclear infrastructure.
WASHINGTON — Seeking to quell concerns on Capitol Hill, the Trump administration circulated a memo on Tuesday confirming that Westinghouse Electric Company—which collapsed into Chapter 11 bankruptcy in 2017—is currently solvent enough to be trusted with the Kingdom of Saudi Arabia's highly sensitive nuclear infrastructure.
The 40-page briefing, distributed to the caucus ahead of a scheduled floor vote, argued that the nuclear firm is now in a "prime position" to execute President Trump’s sweeping energy technology deal with Riyadh. Department of Energy officials noted on background that a company which mismanaged the construction of two domestic reactors so severely that it temporarily destroyed its multinational parent conglomerate is exactly the kind of battle-tested entity required for complex Middle Eastern geopolitics.
Our highly publicized financial collapse taught us invaluable lessons about catastrophic structural failure, which we are eager to apply to the Saudi desert.
Administration sources close to leadership doubled down on the optics of the partnership, noting that the President’s support for a global nuclear revival hinges on finding contractors desperate enough for revenue to overlook minor discrepancies in civilian uranium enrichment thresholds. According to White House talking points, Westinghouse's pressing need to clear its remaining institutional debt makes it uniquely immune to the ethical concerns that might stall a more financially stable engineering firm.
A senior aide to the Senate Foreign Relations Committee later confirmed the body would likely walk back its initial opposition to the deal, provided the weapons-grade fissile material is tracked using the exact same accounting software Westinghouse relied upon during its liquidation proceedings.