Corruption? Energy Department Secretary has $5 million stake in company promoted by Biden
Ethics questions are being raised after news broke that a company promoted by Biden is partially owned by his Department of Energy Secretary.
President Joe Biden is a creature of the DC Swamp, as he approaches his 50-year anniversary of coming to DC and producing little of value except for his friends.
“Energy Secretary Jennifer Granholm owns up to $5 million in the electric battery and vehicle manufacturer President Joe Biden will promote on Tuesday as part of his push for a $1.9 trillion infrastructure bill,” the Washington Free Beacon reported recently.
“Biden’s virtual visit to the electric battery producer Proterra comes days after Vice President Kamala Harris paid a visit to Thomas Built Buses, a North Carolina-based school bus company that counts Proterra as its main supplier of electric vehicles,” WFB reporter Matt Foldi said.
Granholm’s “financial disclosures reveal up to $5 million worth of stock options in [Proterra], which went public in January through the special purpose acquisition company ArcLight Clean Transition Corp.”
The company will likely benefit from the trillions of dollars of new spending under COVID relief and could benefit more if Biden’s massive infrastructure bill gets passed.
Do you think Jennifer Granholm should resign over this ethical lapse? Do you trust Biden to root out corruption? Share your thoughts below!