Politics‘Laundered So Much Money’: GOP Senator Explodes After DOGE Reveals Jaw-Dropping $93B ‘Loan’

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Politics‘Laundered So Much Money’: GOP Senator Explodes After DOGE Reveals Jaw-Dropping $93B ‘Loan’

Trending Politics News
By Mark Steffen
May 27, 2025

A $93 billion series of “loans” by the Biden administration and uncovered by the Department of Government Efficiency proves that the former president’s administration “laundered” money to its political allies, Sen. John Kennedy (R-LA) said in announcing the findings.

Between the Nov. 2024 election and President Donald Trump’s swearing in on Jan. 20, 2025, the Biden administration doled out $93 billion to businesses with specious credentials through the Loan Program Office of the Department of Energy.

Kennedy outlined the exhaustive list of transactions at a May 23 hearing of the Senate Appropriations Committee where U.S. Secretary of Energy Chris Wright confirmed that “between the time that President Trump was elected and President Biden left office,” $76 billion of taxpayer dollars “went out the door” at DOE.

That sum was “well over twice as much as in the previous 15 years,” he stated.

How, Kennedy asked, could the agency “vet and do due diligence on a loan in 76 days… much less $93 billion?”

“I think it’s probably pretty clear it wasn’t done in many cases,” Wright responded.

(more)
https://trendingpoliticsnews.com/laundered-so-much-money-gop-senator-explodes-after-doge-reveals-jaw-dropping-93b-loan-mstef/

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A $93 billion series of “loans” by the Biden administration and uncovered by the Department of Government Efficiency proves that the former president’s administration “laundered” money to its political allies, Sen. John Kennedy (R-LA) said in announcing the findings.

It's easy to be outraged.

Real change and consequences requires courage and the Pubs in Congress have never shown any of that.