Posted on 12/16/2022 9:41:04 AM PST by george76
Podesta’s net worth has skyrocketed since his time in the Obama administration, financial disclosures show
...
John Podesta, the powerful Democrat consultant who Joe Biden tapped to oversee a multibillion-dollar climate investment fund, discussed those investments with an environmental group that had him on the payroll just months before, according to a new financial disclosure.
Galvanize Climate Solutions, a green energy investment firm founded by billionaire Tom Steyer, participated in an Oct. 31 meeting with Podesta and Treasury Secretary Janet Yellen to discuss how to best use the $369 billion in federal funds. Galvanize paid Podesta $84,000 in advisory fees from December 2021 through August 2022, financial disclosures show. Ethics watchdogs say Podesta hasn’t technically violated any laws but hosting his former employer at the meeting was ethically dubious.
"Alas, it's a similar story these days, sophisticated players checking the necessary boxes to avoid clear violations while still appearing to advance the interests of former employers and clients," said Michael Chamberlain, the director of the ethics watchdog group Protect the Public’s Trust.
Podesta’s net worth has skyrocketed since he last served in the White House as counselor to former president Barack Obama. His net worth ranged between $4.6 million to $9.2 million in 2014, according to his financial disclosure that year. By 2022, his net worth ballooned to between $9.3 million to $28.4 million, according to a copy of his latest financial disclosure obtained by the Washington Free Beacon.
Steyer was jubilant after Biden tapped Podesta to lead the $369 billion fund, which was created as part of the Inflation Reduction Act. The billionaire said Podesta was the perfect choice to "champion" the climate investment fund in a gushing statement issued Sept. 9. Days later, on Sept. 13, Steyer said the fund represented a "transformative, revolutionary, unprecedented" investment opportunity for the clean energy industry.
Steyer isn’t Podesta’s only billionaire patron with a stake in the green energy industry. He reported receiving payments from the HJW Foundation, a private foundation established by Swiss billionaire Hansjorg Wyss. Wyss has donated hundreds of millions of dollars to leftist groups in the United States, including dark money juggernauts the Sixteen Thirty Fund and New Venture Fund. Wyss is also a founding member of the Center for American Progress, a leftwing think tank Podesta founded in 2003 and chaired from 2017 through September 2022.
It’s not clear exactly how much Podesta received from Wyss’s foundation before joining the Biden administration. While Podesta identified the HJW Foundation as a source of compensation exceeding $5,000, he didn’t disclose the exact amount he received from the Swiss billionaire.
Podesta also raked in $140,000 in consulting fees from the Sandler Foundation, a charity founded by multibillionaire banker Herbert Sandler that funds leftwing groups including Podesta’s Center for American Progress, the ACLU, Earthjustice, and the Sierra Club. Sandler died in 2019.
China hawks on Capitol Hill have raised concerns that Podesta could steer resources from the climate fund to America’s top adversary. Sens. Marsha Blackburn (R., Tenn.) and Ted Cruz (R., Texas) have noted that Podesta has urged the United States and China to "align" on renewable energy policy, and that the longtime Democratic consultant once urged Chinese businesses to directly invest in the American economy.
I thought billionaires were already rich................
>>>By 2022, his net worth ballooned to between $9.3 million to $28.4 million...
Yup, democratic buddy buddy thing.
Remember Scrooge McDuck, and his Money Bin?
Why do these crooks such as Podesta, AOC, Nanzi, et.al., remind me of that Money Bin?
This is why it’s called “green” energy
hosting his former employer at the meeting was ethically dubious
==
ha not for a democrat
fatal for a republican
Power, control and unlimited funding. What the climate BS has always been about
“Consulting”
Yeah.
Green 💵💵💵 energy.
Another openly viewable Conflict of Interest.
Podesta has run on that his entire life.
Don’t forget Joule Energy.
“I thought billionaires were already rich................”
Yeah, not a very well thought out headline.
The 30,000 foot perspective of the entire green narrative is it’s a sophisticated money laundering industry made legal by universal acceptance of a host of lies and untruths that can be debunked with real science only if the debate wasn’t quashed by name-calling, near violent rhetoric, and bully shaming.
Don’t forget that he and his brother are collectors of blatantly pedophile “artworks” and were mentioned constantly before the Pizzagate story got squashed.
His reward for inventing and leading the Russia thing to destroy Trump and America.
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