Key facts
- Energy Secretary Chris Wright is testifying before the House Committee on Science, Space and Technology.
- The hearing concerns President Trump s fiscal year 2027 budget request for the Energy Department.
- The requested budget for the Energy Department is $53.9 billion in discretionary budget authority.
- This represents a nearly 10 percent increase from the 2026 fiscal year.
- The hearing takes place amid heightened tensions with Iran and in the Strait of Hormuz.
Energy Secretary Chris Wright is set to testify before the House Committee on Science, Space and Technology on Wednesday morning. The hearing will focus on President Trump’s fiscal year 2027 budget request for the Energy Department, which seeks $53.9 billion in discretionary budget authority, an increase of nearly 10 percent from 2026. The testimony comes at a time of escalating tensions with Iran and in the Strait of Hormuz, a critical waterway for global oil supply, which has led to soaring gas and energy costs. Wright has recently attempted to allay concerns about further price hikes, despite public apprehension indicated in recent polls.