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Biden Energy Pick Set to Make Millions from Prominent Energy Company
The Washington Free Beacon ^ | January 22, 2021 | Joe Schoffstall

Posted on 01/22/2021 9:20:22 AM PST by McGruff

Former Michigan governor Jennifer Granholm, President Joe Biden's pick for energy secretary, could pocket up to $5 million for stepping down from a prominent position with a Silicon Valley energy company.

Granholm will relinquish her spot on the board of Proterra, Inc., an electric-vehicles manufacturer, if she is confirmed by Congress. She will also sell off all stocks in the company, resulting in a windfall. Disclosure forms show that Granholm's stock in Proterra is valued between $1 and $5 million. She will also divest from other energy companies, including First Solar, a solar-panel company, and Duke Energy, an electric company. These investments would bring Granholm an additional $2,000 to $30,000.

Granholm's close ties to the energy industry are likely to raise conflict-of-interest concerns.

(Excerpt) Read more at freebeacon.com ...


TOPICS: Crime/Corruption; Government; News/Current Events
KEYWORDS: biden; bidencabinet; dukeenergy; econuts; ecoterrorism; firstsolar; inc; jennifergranholm; michigan; proterra; waronoil

1 posted on 01/22/2021 9:20:22 AM PST by McGruff
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Corruption is only corruption when the possibility exists that laws will be followed


2 posted on 01/22/2021 9:22:23 AM PST by dsrtsage (Complexity is merely simplicity lacking imagination)
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To: everyone

3 posted on 01/22/2021 9:22:28 AM PST by McGruff (Where's Hunter?)
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To: McGruff

It’s a big club and you ain’t in it.

Also, heads they win, tails they win. Always and forever.


4 posted on 01/22/2021 9:26:01 AM PST by americas.best.days... ( Donald John Trump has pulled the sword from the stone.)
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To: McGruff

Pretty sure that THE BIG GUY will get a 10%CUT of that money!


5 posted on 01/22/2021 9:26:55 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: McGruff

I thought sure his pick would have been hunter


6 posted on 01/22/2021 9:31:01 AM PST by Bob434
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To: McGruff

A Canuck too.


7 posted on 01/22/2021 9:31:22 AM PST by Vinnie
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To: Ann Archy

“It’s a big f***in’ deal!”


8 posted on 01/22/2021 9:34:23 AM PST by Army Air Corps (Four Fried Chickens and a Coke)
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To: McGruff

Another Silicon Valley executive...

Biden does know there’s other places in the United States to look for talented cabinet picks, right?


9 posted on 01/22/2021 9:39:12 AM PST by EBH (Repent, Accept, Proclaim )
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To: EBH
Another Silicon Valley executive... Biden does know there’s other places in the United States to look for talented cabinet picks, right?

Yeah, but they have to be a certain level of corrupt swine, so...

10 posted on 01/22/2021 9:44:49 AM PST by EinNYC
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To: McGruff

Just remember to include 10% for the big guy.


11 posted on 01/22/2021 9:47:48 AM PST by farmguy
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To: McGruff

Wink wink nod nod.


12 posted on 01/22/2021 10:16:29 AM PST by Organic Panic (Democrats. Memories as short as Joe Biden's eyes. )
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To: McGruff

Jennifer Granholm? Good lord. Other than being a raging leftist harridan, what actual qualifications does she have for that position? These people never seem to go away.


13 posted on 01/22/2021 10:20:27 AM PST by gopno1
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