The Biden administration moved $20 billion in taxpayer funds to an outside financial institution in a move designed to bypass government oversight, according to EPA Administrator Lee Zeldin. Now, Zeldin is working to recover the funds and bring them back under government control.
đ¨The Biden EPA tossed $20 billion of âgold bars off the Titanicâ.
BIG UPDATE! We found the gold bars and they are now being recovered for you, the hardworking American taxpayer.
Here are more of the details: pic.twitter.com/DM4C0TQcpj
— Lee Zeldin (@epaleezeldin) February 13, 2025
Zeldin stated that the money was allocated with “reduced oversight” in a rushed effort by Bidenâs EPA officials. A leaked video from December featured an EPA staffer admitting that they were trying to distribute the funds as quickly as possible before the Trump administration could take office.
EPA Administrator Lee Zeldin talks about collecting the gold bars that were tossed off the Titanic.
The $20 billion dollars worth of gold bars were the American taxpayerâs money.
Lee Zeldin discovers how in the last few months in office â how the Biden administration was⌠pic.twitter.com/aUKd4Fa1tP
— Andrea Shaffer, Employment/Labor Law (@Andreafreedom76) February 13, 2025
The EPAâs National Clean Investment Fund distributed the money to eight climate-focused organizations. The Climate United Fund, a recipient of nearly $7 billion, has connections to Bidenâs environmental policies and has emphasized racial equity in climate financing.
$20 BILLION worth of gold bars were tossed off the Titanic by the Biden Admin and parked at a bank outside of government.
After locating the gold bars, my team is now hauling this treasure back into the EPA on behalf of the hardworking American taxpayer. pic.twitter.com/C2xvEXVMh6
— Lee Zeldin (@epaleezeldin) February 14, 2025
Another major beneficiary was the Coalition for Green Capital, which received $5 billion to operate a national green bank. The group is linked to multiple left-leaning organizations, including the Rockefeller Brothers Fund and the AFL-CIO.
Zeldin has called for the financial agreement with the bank holding the funds to be immediately terminated, demanding that the money be returned to the government. The EPA will coordinate with the Office of the Inspector General, Congress, and the Department of Justice to investigate further.
The Environmental Protection Agency (EPA) administrator Lee Zeldin said Wednesday that his team has located $20 billion tax dollars in Gold Bars that the Biden administration was trying to rush out the door before inauguration. pic.twitter.com/bL1GYj5qFt
— Mark Nantz (@BullseyeBanjo) February 13, 2025
Since taking over the agency, Zeldin has also halted a $50 million environmental justice grant and ended media subscriptions totaling nearly half a million dollars. He has promised a full review of all spending to ensure taxpayer money is not misused.
