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Politics : Formerly About Advanced Micro Devices

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From: Thomas M.6/10/2023 10:06:00 AM
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Lying to Congress is a crime. She will not be prosecuted because she is a Democrat.

Granholm contradicts testimony, reveals she did own stocks

Energy Secretary Jennifer Granholm revealed Friday that she has held financial stocks as recently as May, contradicting testimony she gave to a Senate committee earlier this year.

In a letter sent to the committee, she also revealed her spouse held a previously undisclosed investment in Ford Motor Co., an automotive brand that falls squarely in her jurisdiction.

Granholm told the Energy and Natural Resources Committee at an April 20 budget hearing that she did not own any individual stocks, saying she was only invested in mutual funds. She also said she would “not object” to congressional legislation that would ban executive department officials from holding stocks.

“I mistakenly told the Committee that I did not own any individual stocks, whereas I should have said that I did not own any conflicting stocks,” Granholm wrote in her letter.

Granholm wrote that she had stocks in six companies that were deemed “non-conflicting” by agency ethics officials. She did not disclose what these companies were or how much these stocks were worth, but said they would be publicly disclosed on her annual public financial disclosure report available in mid-June.

Granholm also said in the letter that her spouse previously owned stock in Ford, which has worked closely with the Biden administration and DOE to build out electric vehicles and deploy new battery technologies. Granholm became aware of her spouse’s stock May 13, which was worth $2,457.89 when sold.

eenews.net

Tom
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