Posted on 02/13/2025 11:22:33 PM PST by Libloather
A $20 billion Biden administration green-energy slush fund was collecting interest at a private bank and is being distributed without proper oversight, Environmental Protection Agency Administrator Lee Zeldin reveals in an exclusive interview.
President Joe Biden’s EPA parked $20 billion at the financial institution, which The Post has learned is Citibank, as part of the 2022 Inflation Reduction Act’s Greenhouse Gas Reduction Fund. But the awardees weren’t announced until August 2024 and Citibank not brought in until September — after Biden’s disastrous June debate performance led him to withdraw from re-election in July, making a very different race with Kamala Harris the Democratic nominee.
Zeldin’s team is looking into whether former EPA employees are working at any of the grantees, which include the Opportunity Finance Network (receiving $2.29 billion), where Vice President Laura Silverman says she brings “economic, financial, and social justice to communities,” and the Native CDFI Network ($400 million), which has featured Sen. Elizabeth Warren as a speaker. Power Forward Communities, a $2 billion recipient, has no list of employees on its website — but does have openings for government-affairs VP, communications VP and special assistant.
The others: Climate United Fund (which got the biggest grant, nearly $7 billion), Coalition for Green Capital ($5 billion), Inclusiv ($1.87 billion), Justice Climate Fund ($940 million) and Appalachian Community Capital ($500 million).
Here Lee Zeldin tells The Post’s Kelly Jane Torrance why it was “a high priority for me and my great team to get to the bottom of these questions as quickly as possible.”
This was on our radar during the transition, when the video was posted online at the beginning of December of the Biden EPA political appointee admitting on camera they were “throwing gold bars off the Titanic.”
(Excerpt) Read more at nypost.com ...
Calling Elon Musk, Calling Elon Musk - please pick up the white courtesy phone...
This fraud has been going on for decades and involves legions of elected officials (local, state, and national), FBI, DOJ, bureaucrats, and media. Corruption on this scale would be impossible to be unaware of to anyone remotely near it. That being said, most of those who have been in and around Washington for any length of time who express any degree of surprise are just trying to cover their own ass and deflect from their own role in the criminality.
Please if any one can answer this question
let me know
where does a 11b agency get 20b?
did it come from another department?
ok
i found the answer
the 20b was grant money from the IRA
so in addition to their budget
Interesting things to think about...
Power Forward Communities $2,000 million
Power Forward Communities is a coalition of trusted national organizations — United Way
Worldwide, Habitat for Humanity International, Enterprise Community Partners, Local
Initiatives Support Corporation (LISC), and Rewiring America — that have collectively spent
decades building stronger, healthier, affordable communities and homes, with a focus on
low-income families
So far, we’ve brought together a coalition of
321 partners, including 156 local communities across 46 states in every EPA region,
The National Clean Investment Fund, or NCIF, is a $14 billion grantmaking program that will
provide funds to nonprofit financing institutions
The very definition of a completely useless organization that does NOTHING. Well, nothing but steal our money. All of these leftist organizations sound the same when you read what they do.
.....”Trump has taken over an economic ship going full speed to the rocks. And it was done on purpose”.....
Biden was dumping vast amounts of money before he left.... It was hard to watch! Those people wanted to be sure Trumps Administration had nothing.
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