Biden to Showcase Business Tied to Energy Sec Granholm: On Tuesday President Joe Biden will promote as part of his push for a $1.9 trillion infrastructure bill in the electric battery and vehicle manufacturer industry where Energy Secretary Jennifer Granholm owns up to $5 million.
After Vice President Kamala Harris paid a visit to Thomas Built Buses, Biden’s implicit visit to the electric battery producer Proterra comes days then a North Carolina-based school bus company that includes Proterra as its main supplier of electric vehicles.
That is justified that White House visits to Granholm-connected companies’ risk at least the appearance of impropriety and demonstrate how lawmakers can use policy initiatives to pad their wallets.
Biden’s infrastructure package includes a $174 billion investment in the electric vehicle market, calls for the replacement of “50,000 diesel transit vehicles” in favor of electric alternatives, and creates a Clean Buses for Kids program that will “electrify at least 20 percent of our yellow school bus fleet.”
The president in February tasked her with “identifying risks in the supply chain for high-capacity batteries, including electric-vehicle batteries, and policy recommendations to address these risks.”
THREAD:
SCOOP from me and @CAndersonMO in @FreeBeacon
Today, @POTUS is virtually visiting *one company* to tout his $1.9 trillion infrastructure plan: @Proterra_Inc
His @ENERGY sec, @SecGranholm owns up to $5 million in Proterra stock optionshttps://t.co/nDp4aBIGEt
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— Matthew Foldi (@MatthewFoldi) April 20, 2021