Trump unveils $700M coal industry support plan using Defense Production Act

President Donald Trump on Thursday announced a nearly $700 million initiative Thursday at the White House aimed at supporting the U.S. coal industry, including funding for power plant upgrades, new projects and export infrastructure.Meeting with leaders in the Oval Office, Trump said he will invoke the Defense Production Act, a Cold War-era law that grants presidents broad authority over industries considered vital to national security, to direct federal support to coal projects across the count