Biden’s Former Energy Secretary Golden Parachutes Down to a Sweet Gig on Energy Company Board
As a reminder, Jennifer Granholm’s tenure at DOE featured stock-related scandals and the “War on Appliances”.
Biden’s Energy Secretary, Jennifer Granholm, had many memorable moments during his administration.
Most notoriously, her advanced team claimed an EV charging spot while she was leading a caravan of electric cars to show off their utility and practicality. However, the act prevented a family with an infant from recharging their vehicle during a hot day in Georgia…so the family called the police.
Granholm was also a leading figure in Biden’s War on Appliances, targeting.
So, if a move is tone-deaf and self-serving, that is the direction Granholm will clearly go.
Now, after stepping down from her top spot in the Energy Department, Granholm is taking a board position at a leading energy firm that benefited from her policy choices. Nick Pope of the Daily Caller News Foundation gives this background.
Granholm will be a board member for Edison International, a major utility holding company, and she will also sit on the board for Southern California Edison (SCE), a subsidiary of the holding company, Edison International announced on Thursday. SCE was part of a group of California-based entities that received $600 million in taxpayer cash from Granholm’s Department of Energy (DOE) in August 2024.
“Though they promised us something far different, the Biden administration revolving door looks to be still whirring fast enough to power a major city,” Michael Chamberlain, executive director of Protect the Public’s Trust, told the Daily Caller News Foundation. “Incidents of former powerful government officials cashing in on their government service by leaving to work for companies that had matters before the department while they were there is a major contributor to the precipitous decline in the public’s trust in government.”
The legacy media largely let Jennifer Granholm’s antics fly under the radar and now she’s cashing in. Can’t wait to see what her compensation is! https://t.co/Fr0RbtyCNC
— Mike Bastasch (@MikeBastasch) February 21, 2025
By way of background, under Granholm’s leadership, a $600 million grant to improve California’s electricity grid and build clean energy projects faster was issued as part of the Grid Resilience and Innovation Partnership (GRIP) program. The recipients included SCE as a partner along with other agencies and utilities in California.
During Granholm’s tenure as Energy Secretary, another $26 million was given to groups working on spent nuclear fuel management solutions, including SCE’s SONGS facility.
Of course, Granholm’s biggest interest is Granholm. She faced criticism for violating the Stop Trading on Congressional Knowledge Act by failing to disclose stock sales within the required timeframe. She sold up to $240,000 in stocks but disclosed these transactions weeks or months late, incurring late fees.
At one point, Granholm falsely testified that she did not own individual stocks, later admitting this was incorrect. She and her husband owned stocks in several companies, including Ford Motor Company, which was sold after the discrepancy was revealed.
Early in her tenure, Granholm owned stock in Proterra Inc., an electric bus maker, which raised conflict-of-interest concerns given the administration’s focus on electric vehicles. She eventually sold her shares in May 2021.
What will Edison International get with Granholm? With the Department of Government Efficiency digging deep into locating waste and fraud, not as much as they hoped.
If you hired Granhold because you think the Obama moles still in the Energy Department will continue to tap taxpayers for cash for you, think again. Red flag this company @DOGE.
— clevegal (@malloy_aud95540) February 21, 2025
Under Trump’s Energy Secretary, Chris Wright, priorities are clearly different. Over $100 million in useless DEI contracts and needless media charity expenses have already been terminated.
Department of Energy press secretary and chief spokesperson Ben Dietderich exclusively told Fox News Digital that they have identified and canceled more than $124 million, “from millions of dollars of DEI contracts to ridiculously expensive multi-million-dollar Politico news subscriptions” and other nonessential line items.
“And we are just getting started,” Dietderich said in a statement. “While some of the funds have already been obligated, we expect immediate savings of at least $65 million and more to come in the coming months and years. President Trump and Secretary Wright are fully committed to making government more accountable, efficient, and restoring proper stewardship of the American taxpayer’s dollars.”
“This [is] simply adding nothing of value to the American people,” DOE Secretary Chris Wright said in a Wednesday interview on “Varney & Co.”
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Comments
I’m a sure Trump can figure something out
Again the incest of politics shines.
I guess we should be grateful she isn’t on the Burisma board.
Blacklist Edison International for all federal monies and deport Granholm back to Canada. She can come back when Canada attains statehood.
I’m sure everything is totally above board on this.
“Parachutes Down to a Sweet Gig on Energy Company Board”
“she will also sit on the board for Southern California Edison (SCE)”
The second statement mollifies me quite a bit.
These people actually deserve one another.
The mention of “golden parachute” brings to mind Hunter Biden, the mother of all golden parachutes, who floated over his felonies with pockets full of cash and a backpack full of coke.
Actually, Delaware was the Mecca of Golden Parachutes (and Poison Pills). The management-heavy (anti-capitalist) corporate laws of Delaware are what brought so many companies to register there.
“Doing the Burisma” is almost like a dance.
Possible worse case for cashing in is january 2029 – presuming another obuma protege gets elected.
Lets hope not.
This clown never knew anything about energy and still doesn’t. This is a payoff. It should be illegal. It happens constantly where someone leaves government service (including military) for a cushy job in the private sector they regulated or interacted with. Congress critter equivalent is retiring from congress to become a lobbyist.
Another of the more odious progressives. Laughed at people’s misery.
Most Odious Progressive would be *so* hard to decide…. She is probably not in the top 100. Sad
Remember: as a reptile, Granholm can only cause damage during the warm months of the year. During hibernation and molting, she is harmless.
Typical DC Swamp incestuous revolving door. Pampered privileged elites who have their own set of rules. Lording it over the plebes.
Used to be there was nothing could be done about it. ??? Maybe?
Poster girl for: Pinheads of the Biden Administration.
How about a simple rule; no getting a job or accepting fees from any individual or entity that had any business with/before the Department the Official leaves for a period of five years from date of.departure?
Granholm sat on the board of Proterra and sold her stock right before the company declared bankruptcy and closed. Proterra sold $1 million dollar electric buses that eventually broke down and couldn’t get replacement parts.
Whatever board she sits on, anything related to it should lose all federal moneys, now. And lose all cases before any administrative panel/judge.