The U.S. Environmental Protection Agency (EPA) Administrator, Lee Zeldin, has announced the discovery of $20 billion allegedly parked at a financial institution by the Biden-Harris Administration. This money was reportedly intended for funding various projects, which Zeldin describes as "partisan pet projects."
Zeldin has called for the termination of the financial agent agreement and demands the immediate return of these funds to the United States Treasury to ensure proper oversight by the EPA. He also plans to refer this matter to the Office of the Inspector General and Congress, with further collaboration anticipated with the U.S. Department of Justice.
A video featuring a former Biden EPA political appointee discussing efforts to rapidly allocate billions in tax dollars before Inauguration Day has sparked additional scrutiny. This footage described their actions metaphorically as “tossing gold bars off the Titanic.”
Recently, Zeldin identified and canceled a $50 million environmental justice grant linked to Climate Justice Alliance, and he decided against renewing nearly half a million dollars in media subscriptions with Politico.
In his statement, Zeldin reiterated his commitment to scrutinize agency spending thoroughly: “This was an arrangement...that deliberately resulted in less transparency, accountability and oversight.” He assured Congress and Americans that he is determined to prevent waste and abuse within EPA finances.
Administrator Zeldin further emphasized that only eight entities were designated to distribute these funds primarily to politically aligned non-governmental organizations. According to him, “this scheme was the first of its kind in EPA history.”
While demanding accountability from those involved, Zeldin made clear there is no current suspicion of wrongdoing by Citibank where these funds were held but insisted on terminating any agreements related thereto.
Blaze Media reported that Zeldin's staff is actively working on recovering over $20 billion stashed outside EPA control during Biden's tenure. The effort aligns with his aim for zero tolerance towards any misuse or misallocation of public funds.
Fox News quoted him stating: "There is zero reason to suspect any wrongdoing by the bank," emphasizing that responsibility for all such funds must revert back under governmental control.
As investigations continue into how these transactions transpired without sufficient oversight or transparency—Zeldin underscores his resolve towards ensuring responsible stewardship over taxpayer resources moving forward: "We will review every penny that has gone out."
