🚨 SHOCKING Government Waste EXPOSED! In this explosive video, Conservative Chronicle breaks down a bombshell Senate hearing where Senator John Kennedy confronts the Department of Energy over $93 BILLION in Biden-era loans handed out in just 76 days. That’s more than what was distributed in the previous 15 years combined!
👉 No business plans. No financial statements. No oversight. Just billions in taxpayer dollars funneled out the door before the administration changed hands. This isn’t just mismanagement — it’s the swamp in action.
🔥 If you care about accountability, fiscal responsibility, and ending corrupt crony capitalism, this is a must-watch. Hear how patriots like Senator Kennedy are fighting back and what you can do to demand real change.
Video Transcript:
Thank you, Mr. Chairman. I look forward to We got a lot of work ahead of us. Thank you, uh, Senator. Uh, Mr. Secretary, I want to go back to some of your earlier testimony. Be sure I heard it correctly. The 76 day period you’re talking about. That’s the period between the time that President Trump was elected and President Biden left office. Is that right? That is correct. And during that short period of time, 76 days, how much taxpayer money went out the door of the Department of Energy from the loan program office in loans and commitments? $93 billion. Fellow patriots, I hope you’re sitting down for this one because what we’re about to unpack is one of the most shocking examples of government waste and swamp corruption we’ve seen in a long time. This is your host, Conservative Chronicle, coming to you a fiery dose of truth and accountability because America deserves better and the American people have a right to know what’s being done with their hard-earned tax dollars. Now, unless you’ve been hiding under a rock or tuned out by the mainstream media, you might have missed this bombshell Senate hearing where Senator John Kennedy tore into the Department of Energy. Over $93 billion, yes, billion with a B worth of last minute loans and commitments. According to the testimony, this wasn’t done over years, not even a year. It was done in just 76 days. 76 well over twice as much as in the previous 15 years. So how do you vet and do due diligence on a loan in 76 days? One loan much less $93 billion. How do you do it? I I think it’s probably pretty clear it wasn’t done in many cases. As I mentioned, I’m told I’m holding back clearly in place stuff. There is lots of funds that have gone out the door and commitments that were made from businesses that provided no business plan, no numbers about their own financial solveny or how this project. You’re telling me that the Department of Energy in this 76 day period before their boss was going to leave office gave or loan money to to entities that had no business plan. Correct. No financials. Correct. A number of those were not were before the 76 day period as well. That’s that’s I’ I’ve come in with great concern about how this institution this great American institution has been run and how American taxpayer money has been handled. Um I’m sorry everyone’s upset that we’re taking some time to do it, but what we’ve seen and what the record shows I’m not upset. Could it be that a lot of people say you haven’t returned your calls? Could it be that you and your your colleagues have returned the calls, but the people calling just didn’t like the answer? Could that be a possibility? I’m not I’m not a I’m not aware of that. You know, I give my cell phone number to any senator that wants and I return my calls. I I I I’m I mean, is your has your department gone dark? Somebody said your department’s gone dark. Is it dark over there? Doesn’t look It doesn’t look dark behind me. I don’t see any of you sitting on your hands. Somebody made that charge. I see everybody’s hands. Let me ask you something else, Mr. Secretary. Does Does anybody ever come to the Department of Energy to get some of this free money and lie to you? Um, I have not experienced that, but I I think it’s uh a reasonable assumption that that has happened. Uh does does anybody ever come to you is or is it conceivable that some of these folks that heard about this free money came to you with a halfbaked idea? I think it’s very conceivable. In fact, I’ve seen such plans that were halfbaked would be charitable that didn’t have a business plan. Right. Correct. A promise to develop one to find a location. Give me the money and I’ll develop the plan later. Correct. And and now you’re going back through, not money that’s already been contracted, but you’re going back through and checking each one of these loans and these grants to make sure there was no stealing, aren’t you? We are. We are. Make sure there was no incompetence, aren’t you? Is that correct? We’re looking at that. and and yeah, my my blood pressure is rising right now just thinking about what we have seen and what did happen at the department. And you’re going to tell some of these boondoggles know, aren’t you? That’s correct. And they’re going to be upset, aren’t they? That’s correct. And they ought to be upset, shouldn’t they? I don’t think they should be upset. I think they should be ashamed. I am. It’s rare that I’m speechless, but I want to be sure I understood. The people running the Department of Energy for President Biden’s administration shoveled $93 billion, not million, $93 billion out the door in 76 days. And it just happened to be the time between when President Trump was elected and President Biden, their boss, was leaving. Is that right? It is correct and distasteful. Confidence undermining. My God. Look, I hope you take whatever time you need to go through all of these projects penny by penny. I mean, I I’ve heard this testimony today. Well, it’ll cost jobs in my state. If somebody steals $50 million and goes and spends the money in their state, that’s that’s going to stimulate the economy, isn’t it? Yes, it will. But It’s still stealing, isn’t it? And it’s still illegal, isn’t it? Yes. I mean, they were spending money at the Department of Energy like it was ditch water. Their budget went from $60 billion to $160 billion since fiscal year 2021. It just sounds to me like like there were a lot of people coming to the Department of Energy who had all four feet and their snout in the trough. And I hope if you I hope you’ll turn down the boondoggles and refer the thieves to the Department of Justice. We will indeed. Senator, the one complication in there too is mixed in there are good companies doing good things honestly with credible plans and you’re trying to separate the wheat from the chaff. Yes, that’s what we’re trying to do. That’s our job and we’re doing it. But there’s there’s a lot of chaff. Let me ask you one final question. Let me go back to how many employees you have. Now, there have been some allegations today that that that you’ve you’ve cut tens of thousands of employees. Is that accurate? Well, I think the allegations were thousands. And um we we our headcount will ultimately be reduced by thousands, but we are doing it. You got 16,000 now? Yes. And you think you can do it with fewer than 16,000? Correct. What’s wrong with that? Uh, I think it’s just common sense business. Yeah, businesses do it every day in the real world. American taxpayers deserve it. That’s never happened in in the federal government. I mean, it’s easier to divorce your spouse than to get rid of a federal employee up here. That’s not the way the world works, is it, Mr. Secretary? It’s not the way the world should work. And I give enormous credit to President Trump who had the boldness to say if there’s a right thing that needs to be done and it’s difficult, please do it. And so yes, this is new territory. This is not what happens normally in the federal government, but it is what needs to happen periodically in the federal government. And I give the credit to President Trump who’s willing to take the heat and has set the departments free. make the changes you need to make to better serve American taxpayers and American consumers. And uh across his administration, that’s what’s being done. All right. On that note, I just wanted to clear that up, Mr. Secretary, because I I you know, I I don’t know you to be a person who doesn’t return his phone calls or take care of business. And my guess is you don’t tolerate people around you who take a cavalier approach to their job. Um, and I I wanted to get that on the record. I applaud you for being able to to do the job with fewer people. Um, thank you for being here today. Thank you to all your staff. Y’all can’t take the rest of the day off. It’s still um the record’s going to re the hearing record’s going to remain open for a week. Um, some senators may send you additional questions. They might submit additional information for the record within that time. It’s their prerogative. If they have questions, I hope you’ll you’ll try to answer them uh in a reasonable amount of time. I want to thank you for being here today. And the uh the subcommittee will now stand adjourned. Thank you, Senator, and the committee. Thank you. days, folks. That’s more money handed out in 76 days than the Department of Energy gave out in 15 years combined. Let that sink in. Now, you tell me, how in God’s name do you vet 93 billion worth of loans in 2 and 1/2 months? The short answer, you don’t. And as the secretary admitted on the record, some of these so-called recipients didn’t even have business plans, no financial statements, no location, just a hand outstretched saying, “Trust us, we’ll figure out.” And the department just handed them our money. Let me tell you what this really is, folks. This is a swamp at its absolute worst. This is what President Trump warned us about. Bureaucrats, crony capitalists, and political allies shoveling billions out the door before their boss left office, trying to cash him before accountability arrived. Senator Kennedy, God, bless him, stood up and spoke the truth. He called it what it is, stealing. You can put lipstick on it. Rapid and green energy talking points. Called economic stimulus, whatever. But if someone takes tens of millions in taxpayer money with no real plan and no real oversight, that’s not just waste. That’s corruption. That’s theft. And it’s time someone paid the price for it. Folks, this is what happens when government grows too big, too fast, and too arrogant. When agencies are flooded with money jumping from $60 billion to $160 billion in a matter of years without any guardrails, without proper oversight, and without any real accountability, it turns into a feeding trough. The pigs show up all four hoes and snouts in the slop grabbing what they can before the music stops. And I know what some people will say. Well, some of that money went a company’s doing good things. Maybe. But as the secretary himself said, there’s a lot of chaff to separate from the wheat. And the sad truth is every time the government picks winners and losers, the politically connected win and we the people lose. So what do we do? We demand accountability. We support patriots like Senator Kennedy who have the backbone to call out the rot. We push for audits, investigations, prosecutions if need be, because if we don’t, we’re just telling the next administration it’s open season on your money. And let me tell you something else that fired me up. The secretary said they’re reducing the department headcount, trying to get things done with fewer than 16,000 employees. That’s common sense. That’s exactly what private businesses do every day. That’s what responsible stewards of taxpayer money should be doing. But you know what they’re hearing from the left? Complaints, outrage, fear-mongering about job losses. We should be applauding that move. We don’t need bloated bureaucracies. We need lean, efficient, accountable institutions that serve us, not themselves. Patriots, I’ll close with this. This hearing was a glimpse behind the curtain. And what we saw should outrage every American no matter your party. But especially if you believe in limited government, fiscal responsibility, and restoring integrity to our institutions. Because this right here, this is why we fight. This is why we speak out. And this is why we keep pushing for return to American values, honesty, hard work, and accountability. If you agree, hit that like button, subscribe, and share this video. Let’s blow the lid off the story because the media sure won’t. Drop a comment below with your thoughts. Should these swamp loans be investigated? Should people be prosecuted? I want to hear from you. This is Conservative Chronicle. Stay strong, stay free, and as always, God bless America.
