Republicans once embraced ‘green banks.’ Trump is trying to raid them.
Lee Zeldin, the head of the Environmental Protection Agency, announced last week that he had uncovered evidence of a massive fraud perpetrated by the Biden administration. In a video posted to social media, the former Republican congressman from New York said that Biden’s EPA had “parked” roughly $ 20 billion at a private bank, “rushing to get billions of your tax dollars out the door before Inauguration Day.”
The Biden administration’s plan, Zeldin said, was for the bank to distribute the money to a handful of nonprofits, which would then send it out to “NGOs and others” for climate-related spending. But he vowed to stop that plan. “The days of irresponsibly shoveling boatloads of cash to far-left activist groups in the name of environmental justice and climate equity are over,” he said.
But the scheme Zeldin described is not …