The Department of Energy's Loan Programs Office has been very active under President Biden, growing tenfold thanks to the Inflation Reduction Act and doling out financing for emissions-reducing companies and projects. But the agency's influence could be severely diminished under President-elect Donald Trump's second term in office, leaving companies that have applied for loans rushing to get them out the door ahead of the Inauguration. CNBC's Pippa Stevens joins 'Squawk Box' with more.

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