Congress authorized and funded the program under which he gave that money to Petrobras. Look it up.
“Congress authorized and funded the program under which he gave that money to Petrobras. Look it up”
I can’t find a source that says Congress voted to loan and or guarantee any money to Petrobras but neither did I find source that says 0dumbo authorized it.
All I did find was that it was the US Export-Import Bank that in April 2009 approved a 2 billion $ loan to Petrobras.
Apparently this bank has authority to do this which should be changed. Noone outside Congress should have the authority to use so much of our money.
The theory behind loaning this Brazilian company money for offshore drilling is to encourage Petrobras to buy American products.
I hope some follow through and oversight is in place.
OTOH 0dumbo probably can give funds to the UN