The Biden autopen regime’s final days in power were marked by a frenzied, unchecked spending spree — one that saw $93 billion in taxpayer-funded loans and commitments handed out by the Department of Energy (DOE) in just 76 days. This staggering figure, more than double the total loaned in the previous 15 years combined, reveals a desperate last-ditch effort by unelected oligarchs to funnel taxpayer money into the hands of politically connected entities before President Trump could take office.
During a Senate Appropriations Committee hearing, Energy Secretary Christopher Wright confirmed that many of these loans were approved without basic due diligence — no business plans, no financials, just empty promises. The sheer scale of this financial recklessness exposes the Biden autopen regime’s true legacy: a government hijacked by elites who treated the Treasury as their personal slush fund.
Key points:
- The Biden Department of Energy rushed $93 billion in loans and commitments in just 76 days — more than double the total from the previous 15 years.
- Many recipients had no business plans or financial records, raising serious fraud concerns. Energy Secretary Christopher Wright admitted oversight was nonexistent, calling the spending “shameful.”
- The DOE’s budget ballooned from 60billionto60billionto160 billion under Biden, with zero accountability. This mirrors other last-minute money grabs, including a $100 billion EPA grant scheme exposed by Project Veritas.
The 76-day money laundering frenzy
Between the 2024 election and Biden’s departure, the DOE transformed into a financial free-for-all. Senator John Kennedy (R-La.) grilled Wright on how such massive sums could be approved scrutiny scrutiny.
“So you’re telling me that the Department of Energy… gave or loaned money to entities that had no business plan?” Kennedy demanded.
“Correct,” Wright replied.
“No financials?”
“Correct.”
Wright confirmed that applicants often submitted half-baked ideas, with some promising to develop a business plan after receiving taxpayer funds. The lack of oversight was so blatant that Wright admitted his “blood pressure is rising” just reviewing the reckless spending.
Kennedy summed it up perfectly: “They were spending money at the Department of Energy like it was ditch water.”