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Bidens administration concocted a scheme where he would take $20B from the EPA in cash and hide it from federal oversight by giving it to an outside party, so that they would continue to spend it on special interest groups without knowledge from the incoming administration... But it didn't work out so well, Lee Zeldin discovered this and is demanding the funds be returned to the federal government
https://nypost.com/2025/02/12/us-news/lee-zeldin-demands-return-of-20b-parked-at-a-financial-institution-by-biden-epa-to-dole-out-to-climate-groups/
Lee Zeldin demands return of $20B ‘parked’ at a financial institution by ‘Biden EPA’ to dole out to climate groups
Wednesday that he’s found $20 billion in taxpayer money that the Biden administration “parked” at a financial institution — in an apparent effort to prevent the Trump administration from cutting grants to “far-left activist groups.”
Zeldin, 45, explained in a video posted on X that the Biden administration’s obfuscation was unprecedented and he demanded that the unnamed financial institution immediately return the funds to the EPA.
“Shockingly, roughly 20 billion of your tax dollars were parked at an outside financial institution by the Biden EPA,” Zeldin said. “This scheme was the first of its kind in EPA history, and it was purposefully designed to obligate all of the money in a rush job with reduced oversight
The $20 billion appears to be money that was appropriated to the EPA under the Inflation Reduction Act, which boosted government spending on environmental projects.
The EPA administrator and former New York Republican congressman said the massive pot of money was “awarded to just eight entities that were then responsible for doling out” the funds to non-governmental organizations “at their discretion.”
One of the eight entities, Climate United Fund, received just under $7 billion from the Biden EPA to dole out, according to
https://nypost.com/2025/02/12/us-news/lee-zeldin-demands-return-of-20b-parked-at-a-financial-institution-by-biden-epa-to-dole-out-to-climate-groups/
Lee Zeldin demands return of $20B ‘parked’ at a financial institution by ‘Biden EPA’ to dole out to climate groups
Wednesday that he’s found $20 billion in taxpayer money that the Biden administration “parked” at a financial institution — in an apparent effort to prevent the Trump administration from cutting grants to “far-left activist groups.”
Zeldin, 45, explained in a video posted on X that the Biden administration’s obfuscation was unprecedented and he demanded that the unnamed financial institution immediately return the funds to the EPA.
“Shockingly, roughly 20 billion of your tax dollars were parked at an outside financial institution by the Biden EPA,” Zeldin said. “This scheme was the first of its kind in EPA history, and it was purposefully designed to obligate all of the money in a rush job with reduced oversight
The $20 billion appears to be money that was appropriated to the EPA under the Inflation Reduction Act, which boosted government spending on environmental projects.
The EPA administrator and former New York Republican congressman said the massive pot of money was “awarded to just eight entities that were then responsible for doling out” the funds to non-governmental organizations “at their discretion.”
One of the eight entities, Climate United Fund, received just under $7 billion from the Biden EPA to dole out, according to
