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I was concerned by a video of an EPA political appointee talking about tossing gold bars off the Titanic to distribute billions of dollars before inauguration day. The appointee mentioned getting money out fast before the new administration came in, referencing "gold bars" going to nonprofits, states, and tribes. I don't know what grants they were referencing, but they mentioned tossing gold bars off the Titanic to get jobs from recipient NGOs. They claimed to have given out tens of billions of dollars last year, including $50 million, or maybe $50 billion, for a Climate Bank, suggesting they could then go work for one of these organizations. I don't know what any of that's about, but it's concerning. I want to be a good steward of tax dollars.

The Inflation Reduction Act's $40 billion for environmental justice through the EPA warrants scrutiny. My staff investigated and found the EPA granted $50 million to the Climate Justice Alliance in December. Their website depicts a bulldozer breaching a fence during the Hamas attack on Israel, alongside the slogan "decolonize Palestine." Further research reveals their affiliation with groups advocating defunding the police and military, and holding anti-American, anti-Israel, and antisemitic views. This raises concerns about how taxpayer money is being used. Is it truly funding environmental cleanup, or is it supporting radical protests? The lack of an EPA inspector general to oversee this funding is alarming. The Biden administration's apparent disregard for this is troubling, and we, on the Environment and Public Works Committee, will continue to investigate.

We've stopped the $8,000,000 in taxpayer subsidies for Politico subscriptions. The team is working to cancel the payments immediately. Large organizations inevitably miss things. Claims of widespread waste and abuse haven't been substantiated with evidence. We haven't seen proof of the alleged misuse of funds.

Speaker 0: The seventy six day period is the time between when President Trump was elected and President Biden left office. Is that right? Speaker 1: Correct. During that period, from the loan program office in loans and commitments, $93,000,000,000 went out the door—well over twice as much as in the previous fifteen years. There were funds that went out the door and commitments made from businesses that provided no business plan and no numbers about their own financial solvency or how this project... Speaker 0: So you’re telling me that the Department of Energy, in the seventy six day period, before their boss was going to leave office, gave our loan money to entities that had no business plan? Correct. No financials? Speaker 1: Correct. I’ve come in with great concern about how this institution, Speaker 0: this great American institution has been run and how American taxpayer money has been handled. You’re going back through and checking each one of these loans and these grants to make sure there was no stealing, aren’t you? Speaker 1: We’re looking at that, and yes, my blood pressure is rising right now just thinking about what we have seen and what did happen at the moment. Gonna tell some of these boondoggles no, aren’t you? Speaker 0: That’s correct. I am. It’s rare that I’m speechless, but I want to be sure I understood. The people running the Department of Energy for President Biden’s administration shoveled $93,000,000,000 out the door in seventy six days, and it just happened to be the time between when President Trump was elected and President Biden, their boss, was leaving. Is that right? Speaker 1: It is correct and distasteful. Confidence undermining. My god.

As senior advisor at the United States Agency for Global Media, the speaker is working on behalf of the American people and President Trump's administration. The speaker claims to be horrified by what they are learning about the agency. The Biden administration allegedly signed a 15-year lease for a new building costing taxpayers nearly a quarter of a billion dollars, despite already having a paid-off building that could have been renovated. The new building has fancy conference rooms, bridges to nowhere, waterfalls, Italian marble, and leather furnishings. The speaker also alleges that contracts were changed just before the new administration arrived to make it less transparent to track where money is going. The speaker says they are working to cancel contracts, save money, downsize, and prevent misuse of taxpayer dollars.

As EPA Administrator, my top priority is to protect your tax dollars from waste and abuse. A disturbing video revealed a Biden EPA appointee seemingly wasting billions of dollars, which prompted my commitment to a full accounting. My team discovered roughly $20 billion of your tax dollars parked at an outside financial institution by the Biden EPA in an unprecedented scheme designed to rush funds with reduced oversight. This money was awarded to just eight entities, including nearly $7 billion to the Climate United Fund, raising questions about allocation decisions, recipients, and potential conflicts of interest. I want to be clear, there is zero reason to suspect any wrongdoing by the bank. The financial agent agreement with the bank needs to be instantly terminated, and the bank must immediately return all of the funds. EPA will reassume responsibility for all funds, review every expenditure, and refer the matter to the inspector general and Justice Department. The days of irresponsible spending on far-left activist groups are over. We will ensure a more transparent and accountable government.

This is a green slush fund. The Biden administration parked $20 billion in an outside bank, giving it to eight NGOs, many created just to get this money. The EPA entered into an agreement with these entities, designed to tie the government's hands, so we don't know where the money is going. Only about 5% actually goes towards the environment. One CEO, serving on the White House Environmental Justice Council, received $20 million. Account control agreements were amended to reduce EPA oversight. The Justice Department and FBI are working with us, and we must ensure accountability. There should be zero tolerance for wasted money.

As EPA administrator, my top priority is to protect your tax dollars. A disturbing video showed a Biden appointee appearing to waste billions before inauguration day. My team discovered roughly $20 billion of your tax dollars parked at an outside financial institution by the previous administration. This unprecedented scheme awarded funds to eight entities responsible for distributing money with reduced transparency; almost $7 billion went to one entity, the Climate United Fund. We have serious questions about fund allocation and potential conflicts of interest. There is no reason to suspect wrongdoing by the bank, but the financial agreement must be terminated immediately, and the funds returned to EPA control. We will review all expenditures and refer the matter to the inspector general and the Justice Department. The days of irresponsible spending on activist groups are over. We are committed to transparency and accountability. We found the funds, and now we will regain control as we pursue next steps.

The EPA headquarters in DC houses a museum, built and curated by the Biden administration for $4 million, dedicated to environmental justice and climate change. Its annual operating cost is $600,000. The museum's timeline omits any mention of President Trump's first administration. From May 2024 through the previous month, the museum had 1,909 public visitors, costing taxpayers $315 per visitor. Due to low public attendance and high operating costs, the museum will be shut down. This decision aims to be an exceptional steward of taxpayer dollars. The agency will focus on providing cleaner, healthier, and safer land, air, and water without spending over half a million dollars on a museum presenting an ideologically slanted story of the EPA. The speaker claims that under President Trump, the practice of burning tax dollars on pet projects will end.

The speaker raises concerns about $50 million in taxpayer money granted to the Climate Justice Alliance by the EPA. They criticize the organization's radical initiatives, including defunding the police and military, and anti-American and anti-Israel sentiments. The speaker questions if the funds will truly be used for environmental purposes or for protests. They express disappointment in the lack of oversight by the EPA and the Biden administration. The speaker plans to investigate further in the environment and public works committee.

Democrats were invited to participate and bring witnesses, but they chose not to, likely because USAID's spending is indefensible, like $2 million for sex change surgeries in Guatemala and $3 million for girl-centric climate change initiatives. If USAID has unspent funds, can the President impound them? Auditing spending is essential oversight. We're uncovering waste, like $4.8 million for social media influencers in Ukraine. Forcing a social agenda, like LGBT issues, on conservative countries harms diplomacy. We're finding this waste because we have a president with the courage to oversee USAID. The CFO of FEMA was fired for spending $54 million on luxury hotels for illegal aliens. The Lincoln Riley's killer was put up in a luxury hotel in New York. Can the President impound funds, or should we rescind them through Congress? A pause in funding for an audit is just good government.

The Inflation Reduction Act, nearly two years old, is being scrutinized for funding organizations perceived as radical and anti-American. Over $3 billion allocated through the EPA is reportedly going to groups that promote anti-police, anti-border security, and anti-Israel sentiments. Notable recipients include the Climate Justice Alliance and the NDN Collective, which advocate for defunding police and military. Concerns are raised about the lack of oversight and accountability in how taxpayer money is spent. Calls for increased scrutiny and potential defunding of these initiatives are emphasized, especially if there is a change in congressional control. The urgency to address these issues is highlighted, as the administration appears to be rushing to distribute funds before potential changes in leadership.

The speaker expresses disbelief that the Department of Energy under the Biden administration disbursed $93 billion in 76 days between President Trump's election and President Biden taking office. The speaker confirms with an interviewee that these funds were given to entities lacking business plans and financials. The speaker characterizes this as "distasteful" and "confidence undermining."

Hunter Biden claims he's broke and can't afford a laptop lawsuit, despite his education and experience. This raises questions about where the Biden's money comes from, especially after leaving government. The government should work for the people, not enrich politicians and their friends. Past administrations pledged to cut wasteful spending, but the Biden administration's Inflation Reduction Act became a vehicle for enriching political allies through green initiatives. Organizations with ties to Biden and Obama received substantial grants, and individuals with connections to the administration landed lucrative positions. Government-funded NGOs enable practices that would be illegal if done directly by the government. These nonprofits are used to enrich individuals. Instead of directly supporting solar and wind companies, money is funneled to political allies. A solar panel company that received a $3 billion loan from Biden is on the verge of bankruptcy. It's time to prosecute corruption and get taxpayers a refund.

As EPA Administrator, my top priority is to protect your tax dollars from waste and abuse. A disturbing video revealed a Biden EPA appointee discussing the wasteful spending of billions of tax dollars, likening it to throwing "gold bars" (tax dollars) off the Titanic. My team discovered that roughly $20 billion was parked at an outside financial institution by the Biden EPA, a scheme designed to quickly obligate funds with reduced oversight. This money was awarded to just eight entities, who then distributed it to NGOs with less transparency. Almost $7 billion went to one entity, raising questions about fund allocation and potential conflicts of interest. While there's no suspicion of wrongdoing by the bank, the agreement must be terminated, and the funds returned to the EPA. We'll review all expenditures, refer the matter to the inspector general, and work with the Justice Department to ensure accountability.

We had a productive discussion about USAID, an issue I've focused on for years in the Senate. USAID has consistently obstructed my congressional oversight efforts. I shared examples of waste within the organization during a recent conversation on X Spaces with Elon. It's crucial that we scrutinize every dollar spent there, and I'm pleased to see a shift in oversight to the State Department.

This $20 billion "green slush fund" was set up by the Biden administration with money parked in an outside bank and given to eight NGOs, many newly created just to receive these funds. The EPA entered account control agreements with these entities, designed to limit federal oversight, allowing money to flow through multiple layers of pass-throughs to subgrantees. The funds aren't directly remediating environmental issues, but rather going to friends and those connected to the Obama and Biden administrations as well as donors. A CEO serving on Biden's White House Environmental Justice Council received $20 million for her organization while on the council. The EPA's oversight was further reduced through amended account control agreements right up to the inauguration, making it easier to pass through money unchecked.

During a congressional hearing, a senator questioned a secretary about the Department of Energy's spending. The senator highlighted that $93 billion in loans and commitments were issued in the 76-day period between President Trump's election and President Biden leaving office, more than double the amount from the previous 15 years. The secretary admitted that due diligence was likely not done in many cases, with funds going to entities lacking business plans or financial solvency. The secretary stated that they are reviewing loans and grants to check for stealing and incompetence. The senator expressed concern over potential "boondoggles" and hoped for referrals of "thieves" to the Department of Justice. The secretary also confirmed a planned reduction of several thousand employees, crediting President Trump for empowering departments to make necessary changes.

As EPA Administrator, my top priority is to protect your tax dollars. A disturbing video revealed a Biden EPA appointee discussing wasting billions of tax dollars. My team discovered that roughly $20 billion was parked at an outside financial institution, a first in EPA history, designed to rush obligations with reduced oversight. This money was awarded to only eight entities, including nearly $7 billion to the Climate United Fund, raising questions about fund allocation and potential conflicts of interest. There is no reason to suspect any wrongdoing by the bank. I am ordering the financial agent agreement with the bank to be terminated, and the bank must immediately return all funds to the EPA. We will review every expenditure, refer the matter to the Inspector General, and work with the Justice Department. The days of irresponsible spending on activist groups are over. We will ensure a transparent and accountable government.

Tomorrow, I will hold a news conference to reveal the names of entities receiving hundreds of millions, even billions, of dollars. If you believe these entities deserve the funding, you shouldn't be a reporter. Billions are being wasted illegally, and I believe kickbacks are involved. When someone gets millions for a mere fifteen-minute assessment, that money is coming back somehow. This corruption significantly harms our country through massive expenditures. I reviewed 200 expenditures and found only three reasonable. We'll discuss this further tomorrow. I commend Elon Musk; despite daily abuse, he has uncovered more than anyone else. His team of geniuses, starting with 12 and now almost a hundred, is helping expose massive fraud.

As EPA Administrator, my top priority is to protect your tax dollars from waste and abuse. A disturbing video revealed a Biden EPA appointee discussing the wasteful spending of tax dollars. My team discovered that the Biden EPA parked approximately $20 billion of your tax dollars at an outside financial institution. This unprecedented scheme was designed to rush money out the door with reduced oversight, awarding the funds to just eight entities responsible for distributing the money to NGOs with less transparency. Nearly $7 billion went to one entity, raising questions about fund allocation and potential conflicts of interest. There's no suspicion of wrongdoing by the bank. I am calling for the immediate termination of the financial agent agreement with the bank, demanding the return of all funds to the EPA. We will review every expenditure, referring the matter to the Inspector General and working with the Justice Department. The days of irresponsible spending on activist groups are over. We are committed to transparency and accountability, reclaiming control of these funds and pursuing further action.

During the 76-day period between President Trump's election and President Biden leaving office, the Department of Energy's loan program office issued $93 billion in loans and commitments. This sum is reportedly more than double the amount disbursed in the preceding 15 years. These funds and commitments were allegedly given to businesses lacking business plans or proof of financial solvency. The Department of Energy purportedly gave taxpayer money to entities with no business plan or financials during this period. There are concerns about how the institution was run and how taxpayer money was handled. Each loan and grant is being reviewed to ensure there was no stealing. The Department of Energy under President Biden's administration allegedly shoveled $93 billion out the door in 76 days, between President Trump's election and President Biden leaving.

In April 2024, the Biden-Harris administration, through the EPA, allocated $7 billion to the United Climate Fund, part of a larger $20 billion Greenhouse Gas Reduction Fund hidden within the Inflation Reduction Act. This money was funneled to Power Forward Communities, connected to Stacey Abrams, lacking transparency and accountability. An EPA official revealed this as an "insurance policy" against Trump winning the election, indicating a rushed cash dump. The $20 billion was stashed at Citibank but is now being reclaimed by the government. This isn't incompetence; it's calculated theft.

President Trump promised to review federal spending, and that's what Musk is doing. Some Democratic colleagues are upset about this review, but it's necessary. For four years, the focus has been on who should pay more taxes, while Republicans are asking where the money went. Examples of questionable spending include $520 million for ESG investments in Africa and $45 million for DEI scholarships in Burma. Democrats are not defending this spending but are instead focused on process and authority. Musk has the president's backing to examine these expenditures. It would be beneficial to compile this spending into a booklet and publicly address each item, challenging Democrats to defend it, which they likely cannot do.

The speaker expresses disbelief that the Department of Energy allegedly spent $93 billion in the 76 days between President Trump's election and President Biden taking office. They clarify that the funds were disbursed as loans to entities lacking business plans or financial records. The speaker characterizes this as "distasteful" and "confidence undermining."