Lee Zeldin, head of the EPA, alleged that the Biden administration was involved in fraudulent activity concerning a $20 billion Greenhouse Gas Reduction Fund. He accused the administration of hastily allocating funds to a private bank to finance climate initiatives through nonprofits, stating that this practice would cease. However, Zeldin's claims overlook the bipartisan support the fund previously received, as similar green bank initiatives have garnered cross-party approval in the past, suggesting a complex political narrative surrounding climate funding.
Zeldin emphasized that "the days of irresponsibly shoveling boatloads of cash to far-left activist groups in the name of environmental justice and climate equity are over."
The $20 billion Zeldin claims to recover is designated for the Greenhouse Gas Reduction Fund, a program supported by bipartisan efforts in the past.
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