Connect with us

Politics

Biden Energy Secretary Subject of Ethics Complaint for Promoting Electric Company She Held $1.6 Million in Stock

Published

on

US Energy Secretary Jennifer Granholm
US Energy Secretary Jennifer Granholm

President Biden’s Energy Secretary Jennifer Granholm has received an ethics complaint for promoting an electric bus company she sat on the board of and held over a million dollars of stock in. She did so all while being a part of the executive branch in Biden’s administration.

Breitbart reports Granholm, “who oversees moving the country toward an electric vehicle transportation system and enjoys newfound powers after the passage of Biden’s infrastructure package — is facing scrutiny for promoting Proterra, a Burlingame, California-based electric bus company she sat on the board of and held 240,520 shares of stock in, which garnered her $1.6 million when she finally divested them 157 days after her nomination.”

Critics say Granholm has promoted Proterra in her official capacity as energy secretary and for hyping grant access to companies with connections to Proterra. Additionally, they say Granholm’s promotion of Proterra has increased its visibility and therefore the value of her stock before she was required to sell her shares due to ethics rules.

As of Monday, the company had a market cap of $2.6 billion. Granholm also promoted Burlingame, a California electric vehicle company, at the same time “Democrats in Congress were crafting – and ultimately passing – Biden’s $1.2 trillion infrastructure package, which dramatically increases Granholm’s authority as energy secretary to advance private sector companies in the transition to an electric vehicle-based transportation infrastructure” reports Breitbart.

The infrastructure package “grants as much as $174 billion to green vehicles and $456 billion to zero-emission buses to ‘replace 50,000 diesel transit vehicles and electrify at least 20 percent of our yellow school bus fleet’ and ‘to build a national network of 500,000 EV chargers by 2030.”

Breitbart reports:

Granholm’s involvement with Proterra started in March of 2017 when the company announced she would be joining its board ostensibly due to her experience with the automotive sector when she served as Michigan’s governor from 2003 to 2011. Proterra hoped to use Granholm’s “track record for producing a high-quality clean energy and transportation workforce in the Midwest” to launch the company into the “next phase of strategic growth and national deployment,” its press release explained. During her time on the board, Granholm supplemented her considerable income by simultaneously serving on the boards and consulting for various left-wing organizations as well, such as American Bridge PAC and Media Matters.

You may like

Continue Reading
3 Comments

3 Comments

  1. fred

    November 25, 2021 at 4:50 pm

    time to get rid of this SMUG arrogant fool

  2. Second Amendment1776

    November 26, 2021 at 9:07 pm

    No one should be surprised by this. It’s a requirement for getting a job in Biden’s administration to have payoffs and ill gotten gains to pass on to sleepy Joe

  3. Crazycrissy

    November 28, 2021 at 3:21 pm

    This women totally messed up Michigan as gov, now she sucks up to the dem family for a job. Great….she will ef up this job too.

Leave a Reply

Your email address will not be published. Required fields are marked *

Elections

Trump, Rep Biggs: invoking the Alien Enemies Act to enable widespread deportation will ‘be necessary’

Published

on

GettyImages 1241204324 scaled

At a recent rally in Iowa, former President Donald Trump promised that if elected again in 2024, he would invoke the Alien Enemies Act to enable widespread deportation of migrants who have illegally entered the United States. Since President Joe Biden took office in January of 2021, over 6 million people have illegally entered the country.

Republican Representative Andy Biggs from border state Arizona, which is among the states suffering the greatest consequences from the Biden administration policies, lamented that Trump’s suggestion will be “necessary.”

Speaking on the Just the News, No Noise” television show, Biggs stated “[I]t’s actually gonna have to be necessary.” Biggs then added his thoughts on how many more people will continue to cross the border under Biden: “Because by the time Trump gets back in office, you will have had over 10 million, in my opinion, over 10 million illegal aliens cross our border and come into the country, under the Biden regime.”

“And so when you start deporting people, and removing them from this country, what that does is that disincentivizes the tens of thousands of people who are coming,” Biggs went on. “And by the way, everyday down in Darién Gap, which is in Panama… over 5,000 people a day. [I] talk[ed] to one of my sources from the gap today. And I will just tell you, those people that you’ve seen come come in to Eagle Pass, over 7,000 in a three day period, most of those two weeks ago, were down crossing into the Darién Gap.”

“And those people… make their way up and they end up in the Eagle Pass [Texas], Del Rio area,” he continued. “So if you want to disincentivize them, you remove them from the country, which is why they remain in Mexico policy was so doggone effective at slowing down illegal border crossings.”

You may like

Continue Reading

Trending