Biden’s $20,000,000,000 Green Bank Money Stays Frozen As Trump Prepares Supreme Court Appeal

Twenty billion dollars in Inflation Reduction Act green bank grants remains frozen while the Trump administration gets ready to ask the Supreme Court to intervene. On Aug. 4, the full D.C. Circuit voted 6–4 to keep in place an order barring the Environmental Protection Agency from ending the awards, concluding the agency likely violated the law's mandatory appropriation. The court then agreed to suspend the payment requirement during the appeal preparations. According to Columbia Law School's Sabin Center for Climate Change Law, that suspension lasts through Nov. 9 and would continue until the justices act if a petition is filed, according to Daily Caller.

The EPA, under Administrator Lee Zeldin, scrapped the awards in March 2025 over conflict-of-interest worries. A smaller panel of the same court had gone the agency's way in September 2025, treating the dispute as a contract matter for the Court of Federal Claims. The four dissenting judges in August cited Congress's repeal of the program's statutory basis in the One Big Beautiful Bill Act, Reuters reported.

Jason Isaac of the American Energy Institute urges Supreme Court review, while Mark Drajem of the Natural Resources Defense Council says the freeze hurts households facing high bills.

Summarized by PolitiKool from Daily Caller’s reporting. Read the full story at Daily Caller →