JORDAN DIXON-HAMILTON
9 Aug 2023
As Breitbart News further detailed:
On April 6, Granholm signed a document that listed the stocks she had divested from; however, she left out her 240,520 shares of Proterra, which she estimated at the time to be worth up to $5 million, according to the full financial disclosure report she submitted four days after her nomination. Her investment in Proterra was her largest stock asset, equal in value to her home in Oakland, California, which she also valued as being worth up to $5 million.
These two assets – her Proterra stock and her home – were the largest assets listed on Granholm’s financial disclosure form.
While Granholm continued to hold these Proterra stocks, her duties as energy secretary put her in a position to potentially benefit the company and its partners and in turn increase the value of the stock shares she still held.
In fact, on February 24, the day before the Senate confirmed Granholm, Biden signed Executive Order 14017, which gave Granholm, the now-secretary of energy, instructions to lead the efforts to create a supply chain for electric batteries and other electric vehicle components.
Two months later, on April 15, the Energy Department unveiled two different American taxpayer-funded electric vehicle grant opportunities worth more than $162 million.
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