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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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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.

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Politics

Controversial Remarks by Progressive Lawmaker Sparks Intra-Party Clash over Hamas’ Alleged Sexual Violence

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Screen Shot 2020 08 11 at 10.57.04 AM

In a recent television appearance, Congressional Progressive Caucus Chair Pramila Jayapal stirred controversy and faced intense criticism from fellow Democrats for her remarks seemingly downplaying reported sexual violence by Hamas terrorists against Israeli women.

The contentious comments come amid disturbing accounts of rape and brutal assaults following Hamas’ surprise attack on Israel on October 7, with prominent Democrats expressing outrage and demanding unequivocal condemnation.

According to reports from Fox News, Representative Debbie Wasserman Schultz from Florida called for a forceful denouncement of sexual violence and condemning any attempt to create moral equivalence between Hamas and the Israeli Defense Force (IDF). The accusations of rape and sexual assault have sparked concern about the well-being of Israelis still held hostage by Hamas.

During her appearance on CNN’s “State of the Union,” Jayapal faced scrutiny for not outright condemning Hamas for the alleged acts, instead emphasizing the broader impact of war on women.

Furthermore, the comments drew swift criticism, with Representative Ritchie Torres of New York insisting on the need for unequivocal condemnation of sexual violence against Israeli women.

Despite Jayapal’s history of advocating against sexual violence, her recent remarks have led to a significant intra-party clash, with Democrats challenging the notion of finding a balance or moral equivalence in addressing such sensitive matters.

The controversy underscores the complexities that arise when lawmakers navigate geopolitical conflicts while upholding principles of justice and human rights. As tensions escalate within the party, the incident highlights the broader challenges of maintaining a unified front on contentious global issues.

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