The Trump admin accuses EPA of squirreling away $20 billion in 'gold bars.' Here's what's really going on.

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The Trump admin accuses EPA of squirreling away $20 billion in 'gold bars.' Here's what's really going on.

//business-finance.news-articles.net/content/202 .. -in-gold-bars-here-s-what-s-really-going-on.html

Published in Business and Finance on Thursday, March 27th 2025 at 8:41 GMT by CNN
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

Lee Zeldin's allegations of criminal activity led to the resignation of a top DC prosecutor who refused to open a grand jury investigation.

The article from MSN discusses a claim made by the Trump administration that the Environmental Protection Agency (EPA) was hiding $20 billion worth of gold bars. However, the reality is far less sensational. The EPA, under the Trump administration, had actually been involved in a financial maneuver where it was holding onto funds from settlements and fines, which were supposed to be used for environmental projects. These funds were not in the form of gold bars but were instead part of a broader financial strategy. The EPA's Inspector General had criticized the agency for not using these funds promptly, leading to accusations of mismanagement. The situation was further complicated by the fact that some of these funds were intended for projects that were either delayed or not executed, leading to the funds being essentially "squirreled away" in a metaphorical sense, rather than literally hidden as gold. This has sparked a debate on the transparency and efficiency of how the EPA manages its financial resources.

Read the Full CNN Article at:
[ https://www.msn.com/en-us/news/politics/the-trump-admin-accuses-epa-of-squirreling-away-20-billion-in-gold-bars-here-s-what-s-really-going-on/ar-AA1BLMa6 ]

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CNN

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The Trump admin accuses EPA of squirreling away $20 billion in 'gold bars.' Here's what's really going on.