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Susan Rice ordered to sell $2.7 Million stake in oil pipeline

Posted on 7/16/21 at 6:15 pm
Posted by BeNotDeceivedGal6_7
Member since May 2019
7039 posts
Posted on 7/16/21 at 6:15 pm
President Biden’s adviser Susan Rice is being ordered to sell a $2.7 million stake in the oil pipeline company Enbridge — after the Biden administration decided to allow the firm’s Line 3 pipeline project.

The Office of Government Ethics ordered Rice to divest from the company on July 9, according to filings first reported by Fox Business.

Although Biden has broadly taken action against oil pipelines, most notably canceling the Keystone XL oil pipeline, his administration has continued to allow the Line 3 project, which would bring Canadian oil through Minnesota to Wisconsin.

Environmental activists oppose the Line 3 project, but the cause has received far less national attention than other pipelines.

Last month, Biden administration officials indicated they would not withdraw permission for Line 3 in a major boon for the company.

The Office of Government Ethics also ordered Rice, who is director of the Domestic Policy Council, as well as her husband and family trust to divest from smaller holdings that may present a conflict of interest.

Enbridge’s Line 3 project is set to bring Canadian oil through Minnesota to Wisconsin.
ny post





Their corruption knows no bounds.
Posted by the808bass
The Lou
Member since Oct 2012
111576 posts
Posted on 7/16/21 at 6:16 pm to
She should be forced to sell at whatever price it was before they won the contract.
Posted by oldskule
Down South
Member since Mar 2016
15476 posts
Posted on 7/16/21 at 6:18 pm to
How in the hell did she end up with millions in oil stocks????

DC is a lying, cheating, money hungry, bunch of scumbags....
This post was edited on 7/16/21 at 7:09 pm
Posted by timdonaghyswhistle
Member since Jul 2018
16317 posts
Posted on 7/16/21 at 6:20 pm to
Sounds like somebody is making Youtube videos again.
Posted by wheelr
Member since Jul 2012
5149 posts
Posted on 7/16/21 at 6:21 pm to
This is rich.

While they convince many Americans about the evil of oil and oil companies, they are making money through oil stocks.

Like Al Gore flying around in private jets.

Some people are true suckers.
Posted by cajunangelle
Member since Oct 2012
147147 posts
Posted on 7/16/21 at 6:24 pm to
quote:

The Office of Government Ethics
if they are calling out this... imagine what they really know...

the whole article is dumb. she made her money and is now getting a sternly worded letter, oh noes she is so scared.

they are all gypsies, tramps & thieves.
Posted by Crimson Wraith
Member since Jan 2014
24885 posts
Posted on 7/16/21 at 7:04 pm to
Now who will ensure she does it?
Posted by LSUTigerFan247
Member since Jun 2017
3641 posts
Posted on 7/16/21 at 7:07 pm to
Imagine if this were the Trump administration :lol:
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73478 posts
Posted on 7/16/21 at 7:16 pm to
No fricking way. Lol
Posted by Madking
Member since Apr 2016
47970 posts
Posted on 7/16/21 at 7:37 pm to
Looks like Hunter is about to sell some paintings.
Posted by Wednesday
Member since Aug 2017
15439 posts
Posted on 7/16/21 at 7:47 pm to
So instead of firing this incurably dishonest hag for self dealing in an industry her party has pledged to ruin; they punish her by giving her 3
Million dollars.

God I hate this government. And Susan Rice (Muh hateful and offensive video) is the personification of why
Posted by DeafVallyBatnR
Member since Sep 2004
16863 posts
Posted on 7/16/21 at 7:48 pm to
Looks like this is cover so she can get her money.
Posted by jcaz
Laffy
Member since Aug 2014
15687 posts
Posted on 7/16/21 at 7:49 pm to
MUH EMOLUMENTS.
First I’ve heard of this. Go figure
Posted by TigerAxeOK
Where I lay my head is home.
Member since Dec 2016
24902 posts
Posted on 7/16/21 at 7:50 pm to
quote:

Environmental activists oppose the Line 3 project, but the cause has received far less national attention than other pipelines.

I wonder why?
quote:

Susan Rice is being ordered to sell a $2.7 million stake in the oil pipeline company Enbridge — after the Biden administration decided to allow the firm’s Line 3 pipeline project.

Oh right... there it is.
Posted by PlanoPrivateer
Frisco, TX
Member since Jan 2004
2796 posts
Posted on 7/16/21 at 8:06 pm to
More for the Money Talk board but ENB is on my watch list. It has a nice history of dividend increases and earnings appear to be slowly increasing.

Don't know what to make of this development but will keep an eye on it.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99041 posts
Posted on 7/16/21 at 8:44 pm to
quote:

Their corruption knows no bounds


The media will be all over this
Posted by Little Trump
Florida
Member since Nov 2017
5817 posts
Posted on 7/17/21 at 4:34 am to
We live in military town with many retired

One told me recently this is how politicians get rich. They invest because they know what’s fixing to happen. It’s insider trading but they never get in trouble for it.

As in this case, she did insider trader and her only punishment is supposedly being ordered to divest. I bet she doesn’t or will wait awhile to divest and the story goes away! And I also bet the story just covers for DC insiders doing this now especially all of Congress
Posted by leeman101
Huntsville, AL
Member since Aug 2020
1508 posts
Posted on 7/17/21 at 9:43 am to
Who is she selling the stake to? Hunter?

I bet this is just the tip, of the tip, of the iceberg. Sleight of hands.
This post was edited on 7/17/21 at 9:48 am
Posted by beaverfever
Little Rock
Member since Jan 2008
32735 posts
Posted on 7/17/21 at 12:01 pm to
How does someone who’s never had a real job end up with a a $2.7 million dollar stake in an individual company. Unless she’s getting the worst financial advice of all time, that would lead me to believe her net worth is at least $25 million. Assuming she didn’t receive some large inheritance that is a ridiculous figure for a life of “public service”.
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