Senator Hawley Calls Out Energy Secretary Jennifer Granholm for Alleged Stock Ownership Deception

  • by:
  • Source: Wayne Dupree
  • 07/03/2023
Missouri Republican Sen. Josh Hawley wants to know why Energy Secretary Jennifer Granholm lied about not owning stocks when she did. Hawley has requested an appearance before the Senate Energy and Natural Resources Committee.

In a letter to lawmakers on June 9, Energy Secretary Jennifer Granholm acknowledged her previous falsehood about not owning any individual stocks. Although she had sold shares in several companies this year, Granholm admitted in a letter to the Senate Energy and Natural Resources Committee that she still retained shares in six businesses. This revelation contrasts with her previous statement, under oath on April 20th, where she claimed to have divested herself of all stock in individual companies.


In a letter obtained by Fox News Digital, Granholm clarified the steps she took during the confirmation process. She highlighted that in 2021, she divested from assets that could potentially conflict with her official duties.

While she retained assets that Government ethics officials deemed unproblematic, she mistakenly conveyed to the Committee that she did not own any individual stocks. In reality, she meant to communicate that she did not possess any stocks that could pose a conflict of interest. Subsequently, she acknowledged selling stock in six companies on May 18, 2023, after initially testifying that she had no conflicts of interest. While Granholm did not disclose the specific companies she previously held shares in or the ones she divested on that date, she assured that this information would be included in her forthcoming Annual Public Financial Disclosure Report.

Furthermore, Granholm stated on May 13 that she learned her husband Daniel Mulhern owned $2,457.89 worth of shares in Ford Motor Company. On Monday, May 15th, the opening of the stock market marked the sale of those shares.

Granholm acknowledged her error of omission in failing to report her shares in her previous Public Financial Disclosure Reports. She had wrongly assumed that her family had concluded the sale of their Ford stake by the start of 2021. However, on March 22, 2021, she and her husband dispensed with the Ford stock held in their retirement accounts.
 
As a dedicated public servant, Granholm underscored her unwavering commitment to upholding the utmost ethical standards. She deeply regretted the oversight regarding her spouse's Ford investment. Granholm solemnly expressed her fidelity to President, stressing her promise to the American people, whom she serves.
 
With careful reassessment alongside her spouse, Granholm affirmed that no other reportable assets had been omitted from her financial disclosure report.

John Barrasso, R-Wyo., criticized Granholm in his response to the letter as the ranking member of the Senate Committee on Energy and Natural Resources.

Secretary Granholm "lied to the committee about her family's stock holdings," Barrasso said in a statement. This is the result of her disregard for standard procedures regarding ethics and transparency. A worrying trend has emerged. That can't stand.

A spokesperson for Granholm said, "The Secretary takes the commitment to uphold the highest ethical standards very seriously, which is why, upon realizing a comment made in error, the Secretary moved quickly to divest non-conflicting assets along with an asset held by her spouse of which she was previously unaware." All of the transactions listed in the letter will be disclosed on. 

"The Secretary's commitment to transparency and to leading a DOE that places the interests of the American people above all else is underscored by the letter submitted to Congress clarifying the record."

Granholm stated that she would be filing a Public Financial Disclosure Periodic Transaction Report in July detailing all of the transactions mentioned in the letter. A spokesperson for the Energy Department stated that Granholm maintained "the highest ethical standards."

According to a spokesperson, the Secretary "takes the commitment to uphold the highest ethical standards very seriously," which is why she "quickly divested non-conflicting assets" and "an asset held by her spouse of which she was previously unaware. The Secretary's commitment to transparency and to leading a DOE that places the interests of the American people above all else is underscored by the letter submitted to Congress clarifying the record."



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