Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

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

by admin April 12, 2025
April 12, 2025
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
Pennsylvania man charged with threatening Trump, ICE agents, other officials
next post
Biden’s team hid the truth about his health all along: WH press sec

Related Posts

WATCH: Parody drug ad spotlights RFK’s crackdown on...

September 19, 2025

Summit with Putin set to top Trump’s agenda...

August 12, 2025

Ceasefire over as Israel strikes Gaza after Hamas...

March 18, 2025

Speaker Johnson reaches tentative deal with blue state...

May 21, 2025

Pompeo says Iranian regime has arrived at ‘natural...

January 16, 2026

Trump names several new White House picks to...

December 23, 2024

World leaders flock to meet with Trump at...

June 26, 2025

Flashback: Top five wildest moments from Elon Musk’s...

May 30, 2025

Trump 100% disagrees with federal judge’s ‘crazy’ ruling...

February 10, 2025

Trump dismisses Musk’s political ambitions as ‘ridiculous’ in...

July 7, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • Capitol police arrest Rubio hearing disruptor, as Republican senator says ‘off to jail’
  • Trump calls on employers nationwide to match contributions into workers’ kids’ Trump Accounts
  • Rubio warns NATO allies US is ‘not simply focused on Europe,’ doesn’t have unlimited resources

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    January 29, 2026
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    January 29, 2026
  • Capitol police arrest Rubio hearing disruptor, as Republican senator says ‘off to jail’

    January 29, 2026
  • Trump calls on employers nationwide to match contributions into workers’ kids’ Trump Accounts

    January 29, 2026
  • Rubio warns NATO allies US is ‘not simply focused on Europe,’ doesn’t have unlimited resources

    January 29, 2026
  • Gulf shipping operations grind to halt near Iran, US quietly prepares for possible strike: ‘Heightened risk’

    January 29, 2026

Editors’ Picks

  • 1

    Environmental Approval for Boland Infield Studies & Update on Scaled Column ISR Test

    September 19, 2025
  • 2

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 3

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 4

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 5

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 6

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 7

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
Promotion Image

banner

Categories

  • Business (607)
  • Investing (2,913)
  • Politics (3,568)
  • Stocks (1,054)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Copyright © 2026 bullhedging.com | All Rights Reserved