Administrator Zeldin Announces that Billions of Dollars Worth of “Gold Bars” Have Been Located at Outside Financial Institution
Calls for Termination of Biden-Harris Financial Agent Agreement and Return of Entire Fund Balance to the U.S. Treasury
WASHINGTON – U.S. Environmental Protection Agency (EPA) Administrator Lee Zeldin announced the agency has found billions of taxpayer dollars parked at a financial institution by the Biden-Harris Administration. Administrator Zeldin is calling for termination of the financial agent agreement, and for the immediate return of the entire fund balance to the United States Treasury to ensure EPA oversight. Administrator Zeldin also announced that he will be referring this matter to the Office of the Inspector General (OIG) and Congress, and the agency will work with the U.S. Department of Justice.
“Roughly twenty billion of your tax dollars were parked at an outside financial institution by the Biden EPA. This scheme was the first of its kind in EPA history and it was purposefully designed to obligate all of the money in a rush job with reduced oversight,” said Administrator Zeldin.
“One of my very top priorities at EPA is to be an excellent steward of your hard-earned tax dollars. There will be zero tolerance of any waste and abuse,” continued Administrator Zeldin. “We will review every penny that has gone out the door. The days of irresponsibly shoveling boat loads of cash to far-left, activist groups in the name of environmental justice and climate equity are over.”
Two months ago, a video circulated on social media featuring a Biden EPA political appointee talking about “tossing gold bars off the titanic,” intentionally rushing to get billions of tax dollars recklessly out of the agency before Inauguration Day. During Administrator Zeldin’s confirmation hearing, he committed to ensuring he would work hard to research and account for every dollar spent at EPA, not only during his tenure, but also from the last administration.