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DAVID BLACKMON: Will Lee Zeldin Be Able To Claw Back $20 Billion In EPA Gold Bars?

EPA administrator Lee Zeldin said this week that he plans to work with the Department of Justice and the inspector’s office to curb the $20 billion in intermittent energy subsidies. This was the EPA period, in which one mid-level administrative officer was caught up in a hidden camera, which was described as the equivalent of a gold stick thrown by the Titanic.

Zeldin referenced the video in his statement Posted on x He announced his attempt to return some of the money to the US Treasury Department. “A very disturbing video circulated two months ago featuring Biden Epa’s political appointees has been circulated. “We talk about how they’re kicking billions of taxes out the door before their inauguration day and throwing gold sticks out of the Titanic.” The administration knew they were wasting it. ”

In Zeldin’s view, the large chunk of waste is represented by the $2 billion transfer to an account set up at Citibank. From there, a huge grant was transferred to eight entities. Profit. If everything seems to resemble an opaque dark money scheme involving NGOs organized as a “non-profit” group in 501(c)(3) published through Doge reviews through USAID Budget Reviews; You are not alone.

Zeldin claims that “the scheme is the first in EPA history and was intentionally designed to mandate all money in Rush’s work” I’m sure.

The entity that received the largest portion of the $20 billion pie will “invest in solutions that address the toughest economic and environmental and environmental challenges in our country.” “The National Union of Experienced Non-Profit Financial Institutions.” Challenges on that website.” However, the rules of NGOs organized in this way limit the obligation to clarify who other “non-profit financial institutions” are.

Anyway, this Dark Money Group is responsible for paying a $6.7 billion taxpayer fund as part of the program. The Biden administration argued “We will focus on investing in challenging market segments such as consumers, small businesses, small farms, community facilities, and schools.”

in Tuesday’s interview On Fox News, Zeldin provided details explaining concerns about lack of transparency and surveillance, saying, “The $2 billion exiting the door before should be a big red flag.

He explained the enthusiastic internal process at the EPA during Biden’s final weeks. That week, regulators and inspector offices repeatedly drafted and revised contracts until Trump took office. Over the past few days, they will intentionally confirm in writing that they have significantly reduced the accountability and oversight of the government by the EPA. ”

All this led to the conclusion that “the whole scheme was very irresponsible before analyzing the individual recipients.”

He was careful to specify that he was Not claiming In Citibank’s fraud, Zeldin added, “the financial agent agreement with the bank must be terminated immediately, and the bank must return all the bars of gold immediately.”

The controversy, along with an array of complex schemes within Operation USAID, which are clearly designed to hide the ultimate disposal of billions of taxpayer dollars, is also law governing these supposed “non-commercial” NGOs. raises broader legitimate concerns about the ongoing validity of the .

The question of whether these funds are properly distributed is that the obvious intentions of Biden officials are distributed through these NGOs to make money in the near future impossible for Trump officials to properly police. It’s almost secondary to the reality that it happened.

But Zeldin’s top priority is that all this green interesting money was approved by Congress as part of Orwell’s Inflation Reduction Act. It’s no one’s guess whether he can find a way to claw it out now without involving Congress, but he appears to be determined to try. We wish him good luck in his efforts.

David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialised in public policy and communication.

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