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

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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.

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Politics

Pelosi Bought $25 Million, 11,000 sq ft Beachside Mansion…in DeSantis’ State of Florida!

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Nancy Pelosi
Nancy Pelosi

Twitter account @NancyTracker, titled the ‘Nancy Pelosi Portfolio Tracker’ tweeted a photo of an unbelievably beautiful beach home, and explained it’s Pelosi’s newly purchased $25 million, 11,000 square foot beach house.

However, despite having perfectly good beaches and ocean views in her own home state of California, Pelosi’s beach house is in…Florida!

The Twitter account posted multiple photos of the mansion showing the luxurious grounds. The account captioned the photos: “Nancy Pelosi just bought an 11,000 square foot $25 million mansion in Florida. Someone doesn’t want to pay exorbitant taxes in her home state she has ruined. Climate change and global warming thrown out the door.”

Nancy Pelosi

Nancy Pelosi

Citizen Free Press reported the story and noted that the Speaker has paid an awful lot of money to be “governed by” Republican Governor Ron DeSantis.

The state of Florida, under DeSantis’ leadership, has experienced a huge influx of individuals moving there. Republican leadership, particularly during the global coronavirus pandemic, has made the sunshine state attractive to Americans who do not want their freedoms stripped, nor mandate upon mandate.

The state’s low taxes, open businesses, educational freedom, and more, are all very appealing to those who have been burdened by liberal policies…including Pelosi, who apparently does not want to live under her own legislation.

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