The Heartlander News reports that in the final months of the Biden administration, the EPA rushed a $5 billion grant out the door to an outfit called the Coalition for Green Capital. That group just happened to be run by former Clinton, Obama and Biden officials.
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Turns out this was just a graft payment to Democrats private equity firms in the waning minutes before President Trump’s inauguration.
We don’t know where the money went, but we’re fairly confident the money is NOT being used to solve climate change.
How many homeless people or disadvantaged kids could be served with $5 billion? Or, here’s a crazy idea, it could have been used for deficit reduction.
The Trump administration is trying to claw this money back, but they’ve run into stiff opposition from the courts Audrey Streb reports at Heartlander News:
The Trump EPA froze the Citibank accounts where most of the GGRF funds were being held and Congress rescinded the program’s funding through the One Big Beautiful Bill Act (OBBBA).
CGC and several other grantees filed lawsuits against the EPA and Citibank following the freeze, claiming there is no legal justification to withhold the funds and that the Biden EPA acted appropriately in distributing them.
An appeals court intervened to stay an earlier ruling that would have forced the agency to release the frozen funds. Litigation has continued since, with the full D.C. Circuit ruling Tuesday to affirm the lower court’s block on EPA’s grant termination order. The decision was fractured and further complicated by OBBBA’s repeal of the underlying statute.
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