Posted on 02/14/2025 5:46:18 AM PST by Salman
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 was not brought in until September — after Biden’s disastrous June debate performance led him to withdraw from his re-election effort in July, making for a very different race with Vice President 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 (D-Mass.) 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).
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(Excerpt) Read more at nypost.com ...
bttt
Turn some of the surplus IRS agents into forensic accountants and turn them loose on financial institutions. We’ve long needed to follow the money.
The smallest number mentioned above is $400,000,000. How long does it take a business to make that much money if they every do. We see billions given to some of these frauds. Billions is a hell of a lot of money to just give away. Especially with no oversite.
This is beyond maddening. This is theft of the highest order.
Agreed.
Leftwing groups have been pillaging our treasury for years. It has to stop.
Arrest ChiComjoe and his staff for corruptioni and treason.
All involved need to be prosecuted, this will be a joyous day in America. Lets hope it gets there
Unfortunately, only “heads on pikes” may clear up this corruption (after timely trials and convictions, of course).
If it’s the tip of the iceberg, are they in any kind of a hurry to discover the rest, or are they just holding pressers?
Bookmark
BIden is, was, and always will be a treasonous thief.
Zelden needs to get on top of what they’re trying to do in the interior of Alaska too. The EPA overreach has been devastating to all of us who live up here!
How many trees could have been planted with this?
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