EPA Chief Lee Zeldin has notified eight recipients of the $20 billion climate fund that their grants had been terminated. In a recently surfaced video, a source told Project Veritas that the Biden administration had rushed to disperse the funds before Trump took over.
“Now it’s how to get the money out as fast as possible before they come in … It truly feels like we’re on the Titanic or throwing gold bar off the top edge,” EPA’s special advisor Brent Efron told a Project Veritas undercover investigator. The conservative activist group termed the quick disbursements as “an insurance policy against Trump winning.”
However, Zeldin has reclaimed $20 billion awarded under Biden’s Greenhouse Gas Reduction Fund (GGRF) and worked with Citibank to freeze. He also notified the impacted organizations that they would no longer receive the awarded grants.
Recipients of the Biden climate slush fund included “Coalition for Green Capital, Climate United Fund, Power Forward Communities, Opportunity Finance Network, and Inclusiv and the Justice Climate Fund,” the Associated Press reported.
Zeldin bragged about making a significant discovery and keeping a very important pledge he made to the American people shortly after he was confirmed.
“Fortunately, my awesome team at the EPA has found the gold bars. Shockingly, roughly $20 billion of your tax dollars were parked at an outside financial institution by the Biden EPA. This scheme was the first of its kind in EPA history and it was purposely designed to obligate all of the money in a rush job with reduced oversight,”
He lamented that only eight organizations were responsible for the amount and operated without transparency. Apparently, one organization known as Climate United Fund had received a whopping $7 billion. Approximately $14 billion and $6 billion were awarded to non-profit organizations implementing climate projects in disadvantaged communities.
Comparing awarding the contracts to tossing the “gold bars” off Titanic, Zeldin asserted the importance of reviewing every transaction. He promised that his agency would show responsibility by accounting for every awarded penny. In a separate post, he also warned that his organization would have “zero tolerance of any waste and abuse” of federal government funds.
“The financial agent agreement with the bank needs to be instantly terminated and the bank must immediately return all the gold bars that the Biden Administration tossed off the Titanic. EPA needs to assume responsibility of all these funds. We will review every penny that has gone out the door. I will [be] referring this matter to the inspector general’s office and will work with the Justice Department as well.”
Meanwhile, Zeldin’s latest recovery adds to the growing list of wasteful government expenditures that the Trump administration hopes to stop. The president recently directed the head of the Department of Government Efficiency (DOGE) Elon Musk to step up his efforts to stop government waste.
