Murray Energy, A Major Trump Ally, Goes Bankrupt
Podcast |
Trump on Earth
Publisher |
Trump on Earth
Media Type |
audio
Categories Via RSS |
News
Politics
Publication Date |
Nov 14, 2019
Episode Duration |
00:29:58

President Trump came into office promising to save coal and coal jobs. Instead, the industry has continued to slide. The question now is--how far will it go?

The coal industry once employed hundreds of thousands of workers. Now, it's just about 50,000. And eight coal companies have declared bankruptcies in the last year. The latest is Murray Energy, the biggest privately held coal mining company in the country. 

We check in on the state of the coal in the Trump era with Taylor Kuykendall who covers the industry for S&P Global Market Intelligence. 

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