Trade Haven Hub - Investing and Stock News
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
  • Investment Tips
  • Trade Tips
  • Crypto News
  • Economy News
  • Stock Market
No Result
View All Result
Trade Haven Hub - Investing and Stock News
No Result
View All Result
Home Economy News

SCOOP: Biden-era grant program described as ‘gold bar’ scheme by Trump EPA administrator under scrutiny

admin by admin
April 11, 2025
in Economy News
0
SCOOP: Biden-era grant program described as ‘gold bar’ scheme by Trump EPA administrator under scrutiny
0
SHARES
2
VIEWS
Share on FacebookShare on Twitter

Republicans in Congress are launching a probe into a Biden-era green energy grant program that sent billions in funding to climate groups tied to Democrats and former President Joe Biden’s allies.

GOP leaders on the House Energy and Commerce Committee sent letters to the eight nonprofits awarded grants from the $20 billion Greenhouse Gas Reduction Fund (GGRF), seeking answers to ensure the Biden Environmental Protection Agency (EPA) followed proper ethics and conflict of interest protocols in distributing the funds.

In February, the Trump administration’s EPA announced it would take steps to get the money back, citing concerns over a lack of oversight related to how the money was being disbursed. In the announcement, new EPA administrator Lee Zeldin cited comments from a former Biden EPA political appointee, who described disbursements made through GGRF as akin to ‘tossing gold bars off the Titanic,’ because Biden officials were allegedly trying to get money out the door before Trump took over. 

It was also revealed that $2 billion from GGRF went to a Stacy Abrams-linked group, Power Forward Communities, which had not been established until after the Biden administration announced the GGRF application process. Meanwhile, during Power Forward’s first few months of operations — prior to receiving the funding — the group reported just $100 in revenue.

Climate United, another group that received the most money from the GGRF, roughly $7 billion, currently staffs a former Biden climate advisor who worked during the last two years of the former president’s term. The same group is also run by a CEO with ties to the Obama administration and a board member who was among those invited to Biden’s signing ceremony for his multitrillion-dollar infrastructure bill in 2021.  

Several GGRF grant recipients have ties to Democrats and Biden advisors, and some were reportedly founded shortly before or after the Biden administration announced the program. Meanwhile, these groups, according to Zeldin, had sole discretion on how to use the funds.

House Energy and Commerce Chairman Brett Guthrie, R-Ky., alongside fellow committee members Reps. Gary Palmer of Alabama and Morgan Griffith of Virginia, both Republicans, said in a joint statement that their investigation into the GGRF recipients will be ‘key’ to understanding whether these funds were allocated ‘fairly and impartially to qualified applicants,’ while also helping to determine the manner in which the money has been used. 

‘The Committee has had concerns about the Greenhouse Gas Reduction Fund program since its creation—including concerns about the program’s unusual structure, a potential lack of due diligence in selecting award recipients, and the recipients’ ability to manage the large influx of federal dollars they received from the EPA,’ the lawmakers said in their statement. 

‘A recent Oversight and Investigations Subcommittee hearing that examined these concerns coupled with the speed with which money was pushed out the door by the Biden Administration’s EPA heightened the Committee’s concerns and raised additional questions about certain Greenhouse Gas Reduction Fund recipients.’

Several of the groups that were recipients of GGRF money sued the Trump administration in March over its attempts to rake back the funds. 

Subsequently, Obama-appointed Judge Tanya Chutkan issued a temporary restraining order preventing the EPA from freezing $14 billion in GGRF funds awarded to three of the climate groups.

The Associate Press contributed to this report.

This post appeared first on FOX NEWS
Previous Post

Biden’s team hid the truth about his health all along: WH press sec

Next Post

Gary Wagner: Gold Thriving Amid Uncertainty, Price Uptrend Isn’t Over

Next Post
Gary Wagner: Gold Thriving Amid Uncertainty, Price Uptrend Isn’t Over

Gary Wagner: Gold Thriving Amid Uncertainty, Price Uptrend Isn’t Over

  • Trending
  • Comments
  • Latest
On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

On air, ’60 Minutes’ reporter says ‘none of us is happy’ about changes that led top producer to quit

April 28, 2025
Crypto Market Recap: US Loses $2 Billion in Bitcoin Amid Tariff Shock, Pakistan Bets on Mining

Crypto Market Recap: US Loses $2 Billion in Bitcoin Amid Tariff Shock, Pakistan Bets on Mining

April 9, 2025
Suspension from Quotation

Suspension from Quotation

April 14, 2025
Why Bitcoin Might Be About to Turn Bullish Again

Why Bitcoin Might Be About to Turn Bullish Again

April 18, 2025
Pepe Price Prediction: “God Candle” Pushes 45% Daily Surge, But Is It Too Late to Buy?

Pepe Price Prediction: “God Candle” Pushes 45% Daily Surge, But Is It Too Late to Buy?

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Quantum Computing: its Evolution and its Potential Future

Quantum Computing: its Evolution and its Potential Future

0
Air Direct Capture – Reducing CO2 from the Atmosphere

Air Direct Capture – Reducing CO2 from the Atmosphere

0
Pepe Price Prediction: “God Candle” Pushes 45% Daily Surge, But Is It Too Late to Buy?

Pepe Price Prediction: “God Candle” Pushes 45% Daily Surge, But Is It Too Late to Buy?

May 9, 2025
Trump Coin Price Prediction: 15% Rally and $1.5B Volume – How Quickly Can TRUMP Hit $100?

Trump Coin Price Prediction: 15% Rally and $1.5B Volume – How Quickly Can TRUMP Hit $100?

May 9, 2025
Hyperliquid Hits $4.9B Open Interest as $HYPE Soars 1,000% – BNB 2.0?

Hyperliquid Hits $4.9B Open Interest as $HYPE Soars 1,000% – BNB 2.0?

May 9, 2025
Former Supreme Court Justice David Souter dead at 85

Former Supreme Court Justice David Souter dead at 85

May 9, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Pepe Price Prediction: “God Candle” Pushes 45% Daily Surge, But Is It Too Late to Buy?

    Pepe Price Prediction: “God Candle” Pushes 45% Daily Surge, But Is It Too Late to Buy?

    May 9, 2025
    Trump Coin Price Prediction: 15% Rally and $1.5B Volume – How Quickly Can TRUMP Hit $100?

    Trump Coin Price Prediction: 15% Rally and $1.5B Volume – How Quickly Can TRUMP Hit $100?

    May 9, 2025
    Hyperliquid Hits $4.9B Open Interest as $HYPE Soars 1,000% – BNB 2.0?

    Hyperliquid Hits $4.9B Open Interest as $HYPE Soars 1,000% – BNB 2.0?

    May 9, 2025
    Former Supreme Court Justice David Souter dead at 85

    Former Supreme Court Justice David Souter dead at 85

    May 9, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 tradehavenhub.com | All Rights Reserved

    No Result
    View All Result
    • Investment Tips
    • Trade Tips
    • Crypto News
    • Economy News
    • Stock Market

    Copyright © 2025 tradehavenhub.com | All Rights Reserved