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EPA says Trump’s big bill should help in its fight to take back billions in green bank funds

  • The Environmental Protection Agency and Citibank were sued by nonprofits over denial of access to funds from the Greenhouse Gas Reduction Fund .
  • A new bill passed by Congress would repeal the green bank's establishment and rescind unobligated funds, aiding the EPA's legal fight against providing the funds to the groups.
  • The EPA argues there is no legal obligation to grant funds to these groups, citing Sen. Capito's criticism of the program's oversight under the Biden administration.
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Center

EPA says Trump's bill should help in fight to take back green bank funds

The bill that passed Congress would rescind money that hadn't already been obligated to its recipients.

·United States
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+14 Reposted by 14 other sources
Center

EPA says Trump’s big bill should help in its fight to take back billions in green bank funds

The sprawling tax and policy bill that passed Congress repeals a multibillion-dollar green bank for financing climate-friendly projects, and the Trump administration should be allowed to freeze its funding and cancel related contracts with nonprofits, federal officials said in a court filing.Climate United Fund and other nonprofits in March sued the Environmental Protection Agency, its administrator Lee Zeldin and Citibank, which held the progra…

·Miami, United States
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The Advocate broke the news in Baton Rouge, United States on Thursday, July 3, 2025.
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