Clinton Hack John Podesta Made a Fortune Consulting for Green Energy Billionaires — He Now Oversees a Federal Fund That Could Make Them Rich
Podesta’s net worth has skyrocketed since his time in the Obama administration, financial disclosures show
ohn Podesta, the powerful Democratic consultant who President Joe Biden tapped to oversee a multibillion-dollar climate investment fund, discussed those investments with an environmental group that had him on the payroll just months before, according to a new financial disclosure.
Galvanize Climate Solutions, a green energy investment firm founded by billionaire Tom Steyer, participated in an Oct. 31 meeting with Podesta and Treasury Secretary Janet Yellen to discuss how to best use the $369 billion in federal funds. Galvanize paid Podesta $84,000 in advisory fees from December 2021 through August 2022, financial disclosures show. Ethics watchdogs say Podesta hasn’t technically violated any laws but hosting his former employer at the meeting was ethically dubious.
"Alas, it's a similar story these days, sophisticated players checking the necessary boxes to avoid clear violations while still appearing to advance the interests of former employers and clients," said Michael Chamberlain, the director of the ethics watchdog group Protect the Public’s Trust.
Podesta’s net worth has skyrocketed since he last served in the White House as counselor to former president Barack Obama. His net worth ranged between $4.6 million to $9.2 million in 2014, according to his financial disclosure that year. By 2022, his net worth ballooned to between $9.3 million to $28.4 million, according to a copy of his latest financial disclosure obtained by the Washington Free Beacon.
Steyer was jubilant after Biden tapped Podesta to lead the $369 billion fund, which was created as part of the Inflation Reduction Act. The billionaire said Podesta was the perfect choice to "champion" the climate investment fund in a gushing statement issued Sept. 9. Days later, on Sept. 13, Steyer said the fund represented a "transformative, revolutionary, unprecedented" investment opportunity for the clean energy industry.Steyer isn’t Podesta’s only billionaire patron with a stake in the green energy industry. He reported receiving payments from the HJW Foundation, a private foundation established by Swiss billionaire Hansjorg Wyss. Wyss has donated hundreds of millions of dollars to leftist groups in the United States, including dark money juggernauts the Sixteen Thirty Fund and New Venture Fund. Wyss is also a founding member of the Center for American Progress, a leftwing think tank Podesta founded in 2003 and chaired from 2017 through September 2022.
It’s not clear exactly how much Podesta received from Wyss’s foundation before joining the Biden administration. While Podesta identified the HJW Foundation as a source of compensation exceeding $5,000, he didn’t disclose the exact amount he received from the Swiss billionaire. [
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Coastie Patriot
SIC SEMPER TYRRANIS
THE SAME PEOPLE WHO SAID NO GUNS BECAUSE OF POLICE NOW WANT TO DEFUND THE POLICE!!!!
Dr Thaddeus They
They don't really care whether the truth gets out, because the public no longer knows what's meant by "the truth."
Well, I mean, no one can tell the difference anymore between what's real and what's fake.
Anyway, the point is, I can tell you all of this, right out in the open, because it doesn't matter who knows about it. They won't know whether to believe it or not.-
X Files: Lost art of Forehead Sweat
A gun is a tool, Marion, no better or no worse than any other tool, an axe, a shovel or anything. A gun is as good or as bad as the man using it. Remember that.
-SHANE-
Jefferson Smith: You see, boys forget what their country means by just reading The Land of the Free in history books. Then they get to be men they forget even more. Liberty's too precious a thing to be buried in books, Miss Saunders. Men should hold it up in front of them every single day of their lives and say: I'm free to think and to speak. My ancestors couldn't, I can, and my children will. Boys ought to grow up remembering that . - MR Smith Goes To Washington-
to grow up remembering th
My oath to support and defend the constitution against all enemies foreign and domestic has no expiration date!!!
Ten Bears : It's sad that governments are chiefed by the double tongues. There is iron in your words of death for all Comanche to see and so there is iron in your words of life. No signed paper can hold the iron. It must come from men. Outlaw Josey Wales
United States
