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Biden’s Energy Secretary Violated Stock Disclosure Laws 9 Times Last Year

A spokeswoman for Granholm said that the late disclosures were the fault of a “clerical error”

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Photo by JIM WATSON/POOL/AFP via Getty Images

Energy Secretary Jennifer Granholm sold shares of stock 9 times last year between April to October, but did not disclose the sales “within the legally required 45-day window, according to federal disclosure documents”, reports CNBC.

The shares of stock were worth up to $240,000. A spokeswoman for Granholm blamed a “clerical error” saying the secretary paid a late filing fee. Granholm did not file any of the 9 disclosures until December after legal deadlines for all had passed.

The STOCK Act has been in place since 2012, which “expanded the accountability and reporting requirements for financial holdings, both for members of Congress and high-level employees of the Executive Branch like Granholm” reports CNBC.

“The news of Granholm’s apparent violations comes at a time when stock sales by public officials and members of Congress are getting a fresh look” reports CNBC. “During the past week, several members of Congress, both Democrats and Republicans, have introduced or reintroduced legislation that would effectively ban lawmakers and their immediate family members from actively trading stocks while the member is in office.”

According to an analysis by Business Insider’s Dave Levinthal published earlier this month, a total of 54 members of Congress violated the STOCK Act rules just last year alone.

CNBC reports on the suspicious behavior of Granholm:

When President Joe Biden nominated her to be his energy secretary, Granholm signed a detailed Ethics Agreement in which she agreed to give up part-time jobs at the University of California and at CNN, step down from several boards, and sell millions of dollars worth of stock.

On March 22, she reported 23 stock sales, many of them blue-chip companies she had more than $10,000 of shares in.

A few months later in May, Granholm filed more transaction reports detailing how she had exercised stock options in the electric bus and battery company Proterra and then sold all her shares, worth between $1 million and $5 million, on May 24.

But in between the March blue chip sales and the May Proterra sale, Granholm made 6 of the 9 stock sales that didn’t get disclosed until December.

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1 Comment

1 Comment

  1. Slideglide

    January 26, 2022 at 11:38 am

    🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸♥️♥️♥️♥️🌎🌎🌎🍓🍓🤪

    This is what happens when big government, the bureaucratic deep state, and big business all collude to unlawfully line their pockets.

    There are no ethics associated with these entities, as federal law enforcement is blind to the graft and corruption, especially towards Democrats.

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Biden ‘allies’ concerned with Hollywood lawyer’s ‘aggressive public defense of Hunter Biden’

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Hunter Biden

Hunter Biden’s Hollywood attorney buddy Kevin Morris is reportedly upsetting President Joe Biden’s “allies” with his very public defense plan for Hunter. Among the defenses is a plan to question the validity of, and story behind, the New York Post’s exclusive 2020 story on Hunter’s laptop found at a Delaware repair shop.

Another issue of concern, according to a New York Times report, is that Morris gave Hunter a loan totaling over $2 million to pay off his tax debts and take care of his living expenses. “It potentially echoes the cash he received while serving on the board of a Ukrainian oligarch’s company and pursuing deals with a Chinese tycoon, the Times said.”

But President Biden’s supporters want his scandalous son to stay out of the public eye and avoid going to trial. Morris’ tactics, however, are making a big splash. For one, he was recently accused of “spying” on filmmakers who are making an independent movie “My Son Hunter.” The movie allegedly paints an unflattering portrait of the Biden family.

The Times said Morris may try to use footage he shot on the movie’s set located in Serbia to try and “undermine” the film and the laptop. Another potential issue for the Bidens is how Morris came to  be in possession of Hunter’s controversial artwork.

Morris is rumored to be an art collector, and according to one source, Morris might have received Hunter’s art as a gift. The Times cited two people familiar with the story.

Everything is exacerbating the scrutiny the White House has already been under, when it comes to Hunter’s scandals. Hunter and Morris met at a fundraiser for then-candidate Joe Biden’s presidential campaign.

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Politics

Oklahoma Governor Signs Bill Banning Nonbinary On Birth Certificates

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On Tuesday, Republican Oklahoma Governor Kevin Stitt signed a bill banning the use of nonbinary as a gender option on state birth certificates.

The new law, SB 1100, requires all birth certificates in the state to only allow male or female as gender options.

The law says that it “requires the biological sex designation on a birth certificate to be either male or female and prohibits a nonbinary or any symbol representing a nonbinary designation including the letter ‘X’ beginning on the effective date of this act. The measure declares an emergency.”

“People are free to believe whatever they want about their identity, but science has determined people are either biologically male or female at birth,” said Oklahoma Rep. Sheila Dills, the House sponsor of the bill, in a statement. “We want clarity and truth on official state documents. Information should be based on established medical fact and not an ever-changing social dialogue.”

“As the war on common sense continues, we must stand up and put a stop to this nonsense regarding biological sex,” said Michael Bergstrom, R-Adair, the principal author of the bill. “It’s not a complicated issue – biologically, you’re either a male or female. There should be no other option to choose from on a birth certificate. I’m thankful my colleagues in the House of Representatives also saw the need to stand behind science and approve this measure.”

Stitt’s signing of the bill comes after he signed an executive order in November 2021 directing the Oklahoma Health Department to stop issuing or changing birth certificates with nonbinary as a gender option.

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