FBI Freezes Green Fund Accounts Amidst Controversy
2025-03-14
The FBI has frozen accounts held by several nonprofits and state government agencies containing funds from the $27 billion Greenhouse Gas Reduction Fund, established by the 2022 Inflation Reduction Act to finance clean energy projects. This action has sparked controversy, with the EPA administrator alleging fraud but providing no evidence. A court has demanded evidence from the Department of Justice or the accounts will be unfrozen.