Photo by Drew Angerer/Getty Images
(WASHINGTON) The director of President Joe Biden’s Domestic Policy Council, Susan Rice, has divested herself of millions of dollars’ worth of holdings in a company that’s leading a contentious pipeline project supported by the Biden administration.
According to newly released financial disclosure reports and a White House official, Rice has liquidated nearly $2.7 million worth of shares she and her husband owned in Enbridge, a Canadian company building the Line 3 pipeline, which would carry hundreds of thousands of barrels of Canadian oil through Minnesota and Wisconsin.
Last month, the Biden administration gave a public boost to the Trump-era pipeline project, calling for the dismissal of a court challenge brought by environmental groups seeking to protect Minnesota watershed and tribal lands from the pipeline.
White House adviser Susan Rice divests from company building Midwest pipeline
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Biden adviser Susan Rice to divest $2 7M stake in company building oil pipeline administration supported
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White House adviser Susan Rice divests from company building Midwest pipeline
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