FBI, EPA, and Treasury told Citibank to freeze funds as Trump administration tries to claw back climate money

City Bank on Wednesday revealed in the filing of the court that the FBI, EPA, EPA Inspector General and Treasury Department all requested that the bank made several non -profit and state government accounts.

In February the accounts were frosty, however New document Under the FBI investigation, give the public details that were previously unknown with the full list of non -profit.

These funds were distributed as part of the $ 27 billion greenhouse gas reduction fund, which was created by a law, which is inflation decrease law Passed by Congress in 2022The In it, the EPA has received $ 14 billion for a national clean investment fundWhich provides grants to green banks.

Green banks use these funds to provide money for clean technology projects across the country. Startups that have technology ready to scale commercially were eligible to receive money to turn projects into reality.

Funds were used for most loans, which were refunded and recycled for future NDing. Green banks have equally crime rates with commercial and residential portfolios operated by other commercial ND donors.

City Bank was selected as a financial agent to handle this money in the name of the award. It is also conducting a separate, billion billions of clean community investment accelerator programs. The EPA agreement with City Bank was publicly announced in April 2024.

The FBI has requested that City Bank frozen 30 days administrative in accounts received by non -profit of the administrative Green Bank fund of 30 days. It has asked the bank to froze the Humanity for Humanity, United Way, Colorado Clean Energy Fund and other non -profit and state government agencies, including the New York State Taxation and Finance Department.

The Green Bank has sued the three non -profit City Bank with funds, asking the bank to publish money on their account.

EPA Administrator Lee Zeldine says the Greenhouse Gas Reduce Fund is not integrated with the agency’s priority and has concerns about fraud, though he did not provide evidence to support this claim.

At a hearing on Wednesday, a judge of the US District Court for Colombia district interrogated the EPA’s attorney representative of the EPA.

“Can you support any proof? [the grant] What was the proof of illegal, or misuse or fraud or bribery – Mr. Geldine was done wrong or illegally other than the fact that Mr. Geldine did not like it? “Judge Tania Chutkan DThe

Judge Chutan also directed the court to provide the court on the fraud of the judiciary, “because I have no credible evidence.”

Update 3/13/25: Details from the hearing on Wednesday are added.