A trio of top Republican senators accused the Biden administration for allegedly shuffling resources intended for small businesses into a “climate slush fund” in a letter exclusively obtained by the Daily Caller News Foundation.
Senators Joni Ernst of Iowa, James Risch of Idaho and Marco Rubio of Florida on August 9 sent a letter to Small Business Administration (SBA) head Isabel Guzman, accusing her agency of undermining Community Advantage, a program intended to provide loans to small businesses, by enrolling new lenders that will focus on “support[ing] small businesses’ efforts to reduce climate change.” The group of lawmakers also voiced suspicion regarding the SBA’s recent collaboration with the Environmental Protection Agency’s Greenhouse Reduction Fund, noting that the SBA’s July 22 announcement that it would be coordinating with the multi-billion dollar green energy grant program came right after Vice President Kamala Harris became the presumptive Democratic presidential nominee.
Read More