Trade Masters Chronicle
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
  • Economy
  • Editor’s Pick
  • Investing
  • Latest News
No Result
View All Result
Trade Masters Chronicle
No Result
View All Result

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

by
April 11, 2025
in Latest News
0
SCOOP: Biden-era grant program described as ‘gold bar’ scheme by Trump EPA administrator under scrutiny

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

Pentagon fires Greenland US base commander who ‘undermined’ JD Vance after Pituffik visit

Next Post

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

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

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

  • Trending
  • Comments
  • Latest
Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

Trump’s exaggerated claim that Pennsylvania has 500,000 fracking jobs

October 24, 2024
Buy Bitcoin Under $100K Before The Next Bull Run

Buy Bitcoin Under $100K Before The Next Bull Run

April 22, 2025
Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

Trump asks Supreme Court for urgent ruling on tariff powers as ‘stakes could not be higher’

September 4, 2025
Bitcoin Nears $85K Amid Market Optimism

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

0
Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

Wendy’s will offer $3 breakfast deal, as rivals such as McDonald’s test value meals to drive sales

0
Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

Amal Clooney played key role in ICC arrest warrants for Netanyahu, Hamas leaders

0
Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

Ivan Boesky, inspiration for ‘Wall Street’ villain Gordon Gekko, dead at 87

0
Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

December 17, 2025
Judge warns Trump administration against ‘irreversible’ White House ballroom construction work

Judge warns Trump administration against ‘irreversible’ White House ballroom construction work

December 17, 2025
Senate Republican ‘targeted by Communist China’ in $50 billion lawsuit

Senate Republican ‘targeted by Communist China’ in $50 billion lawsuit

December 17, 2025
The Hitchhiker’s Guide to where we stand with a healthcare package: Christmas or Groundhog Day?

The Hitchhiker’s Guide to where we stand with a healthcare package: Christmas or Groundhog Day?

December 17, 2025
Enter Your Information Below To Receive Trading Ideas and Latest News

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recent News

    Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

    Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

    December 17, 2025
    Judge warns Trump administration against ‘irreversible’ White House ballroom construction work

    Judge warns Trump administration against ‘irreversible’ White House ballroom construction work

    December 17, 2025
    Senate Republican ‘targeted by Communist China’ in $50 billion lawsuit

    Senate Republican ‘targeted by Communist China’ in $50 billion lawsuit

    December 17, 2025
    The Hitchhiker’s Guide to where we stand with a healthcare package: Christmas or Groundhog Day?

    The Hitchhiker’s Guide to where we stand with a healthcare package: Christmas or Groundhog Day?

    December 17, 2025

    Top News

    Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

    Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade

    December 17, 2025
    Judge warns Trump administration against ‘irreversible’ White House ballroom construction work

    Judge warns Trump administration against ‘irreversible’ White House ballroom construction work

    December 17, 2025

    Latest News

    • Trump declares ‘Venezuelan regime’ a foreign terrorist organization, orders oil tanker blockade
    • Judge warns Trump administration against ‘irreversible’ White House ballroom construction work
    • Senate Republican ‘targeted by Communist China’ in $50 billion lawsuit

    About Trade Masters Chronicle

    • About us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.

    No Result
    View All Result
    • Economy
    • Editor’s Pick
    • Investing
    • Latest News

    Copyright © 2025 TradeMastersChronicle.com. All Rights Reserved.