The financial agent agreement, a common tool used by the U.S. Treasury, makes clear that the bank can act only on "direction from the relevant secured party." In a statement Monday, the EPA said ...

The judge told the EPA it cannot terminate the Greenhouse Gas Reduction Fund awards while she hears a court case brought by the groups awarded grants.

U.S. District Judge Tanya Chutkan said the Environmental Protection Agency could not suspend the previously awarded funds.

Zeldin has also said the decision to run the program through a financial agent — Citibank — gave EPA less oversight over the program. “I’ll tell you what is most frustrating is not having ...

Zeldin said the EPA would take 31 actions to advance President ... ago transferred the fund to Citibank to act as a financial agent for eight entities to use for green energy projects and to ...