Treasury Secretary Janet Yellen testifies during a House Ways and Means Committee hearing, Tuesday, April 30, 2024, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib)
Sen. Joe Manchin, D-W.Va., asks a question during a Senate Energy and Natural Resources Committee hearing to examine the president's proposed 2025 Department of the Interior budget on Capitol Hill Thursday, May 2, 2024, in Washington. (AP Photo/Mariam Zuhaib)
President Joe Biden speaks during a State Dinner at the White House in Washington, Thursday, May 2, 2024, to honor the 2024 National Teacher of the Year and other teachers from across the United States. (AP Photo/Mark Schiefelbein)
FILE - A 2023 Ford Mustang Mach-E charges, Friday, March 8, 2024, at an electric vehicle charging station in London, Ohio. The U.S. government has loosened some rules governing electric vehicle tax credits a bit, potentially making more EVs eligible for credits of up to $7,500. The Treasury Department announced final regulations for the credits under the 2022 Inflation Reduction Act on Friday, May 3, giving automakers more time to comply with some provisions about where battery minerals can come from. (AP Photo/Joshua A. Bickel, File)