10.3 C
New York
Thursday, April 11, 2024

Biden Energy Secretary Granholm admits false testimony about owning stocks

Energy Secretary Jennifer Granholm admitted in a letter Friday that she made a false statement when she recently told lawmakers she didn’t own any individual stocks.

While Granholm divested from a variety of stocks in 2021, she acknowledged in the letter — which was sent to Senate Energy and Natural Resources Committee leadership — that she maintained shares of six companies. On April 20, however, Granholm testified under oath that she had sold all of her shares of individual companies.

“As you know, as part of the confirmation process before this Committee, in 2021 I divested from assets that could be in conflict with my official duties,” Granholm wrote in the letter obtained by Fox News Digital. “I did, however, retain assets that were determined by Government ethics officials to not conflict with my official duties.”

“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. In order to make my financial holdings consistent with my testimony, on May 18, 2023, I divested my remaining stock holdings which consisted of stock in six companies, even though these assets were deemed non-conflicting,” she continued.

TOP REPUBLICAN PRESSES BIDEN ADMIN OVER APPARENT MANIPULATION OF ENERGY COMPANY’S STOCK

Granholm acknowledged she hadn’t disclosed those shares in her two prior Public Financial Disclosure Reports and had mistakenly believed her family’s divestiture of Ford was complete in early 2021. The Ford stock she and her husband held in their retirement accounts had been sold off on March 22, 2021, she said.

“As a public servant, I take very seriously the commitment to hold myself to the highest ethical standards, and I regret the accidental omission of my spouse’s interest in Ford,” Granholm added in the letter. “This is a commitment I made to you, the President, and most importantly the American people.”

Granholm noted that all of her transactions listed in the letter would be disclosed on a Public Financial Disclosure Periodic Transaction Report in July.

In a statement to Fox News Digital, an Energy Department spokesperson said Granholm remained committed to “the highest ethical standards.”

CLICK HERE TO GET THE FOX NEWS APP

Related Articles

Stay Connected

1,520FansLike
4,561FollowersFollow
0FollowersFollow
- Advertisement -

Latest Articles