How did she get so rich?

6 CommentsCommentary, Government

Stacey Abrams is under fire after DOGE, led by Elon Musk, exposed $2B in taxpayer funds tied to her role at Power Forward Communities via Rewiring America. Biden’s EPA shoveled this cash—part of a $20B green fund—to her nonprofit, despite its mere $100 in revenue.

Remember Stacey Abrams?  She ran for governor of Georgia in 2018 and lost.  And spent the next four years claiming she actually won. She has been described as having a “room temperature IQ” although this haas not prevented her from becoming incredibly rich.

Remember how she ran for governor of Georgia again in 2022?  And lost.

But by then she was on to bigger things.

Last week, reports emerged that the Department of Government Efficiency (DOGE), alongside Environmental Protection Agency (EPA) Administrator Lee Zeldin, had uncovered $2 billion in taxpayer funds allocated to Power Forward Communities, a nonprofit tied to Abrams. This grant was part of a broader $20 billion disbursement from the EPA’s Greenhouse Gas Reduction Fund (GGRF), established under the 2022 Inflation Reduction Act during the Biden administration. The funds were awarded in April 2024 to support green energy initiatives, specifically aimed at financing home energy efficiency upgrades nationwide.

Power Forward Communities was established in October 2023 as a coalition led by Rewiring America, where Abrams serves as senior counsel. Despite reporting only $100 in the bank during its first three months, the organization received this substantial grant of $2 billion, raising questions about its capacity and the decision-making process behind the allocation. Abrams has publicly expressed enthusiasm for the coalition, stating in 2023 that she was “thrilled” to be part of its efforts to expand access to “”clean energy, emphasizing equity and resilience.”

The controversy intensified when it was revealed that the Biden administration had transferred the $20 billion, including Power Forward Communities’ share, to an account at Citibank before leaving office in January 2025. This move, described as unusual by critics, limited the Trump administration’s oversight and ability to reclaim the funds. Lee Zeldin has prioritized retrieving these funds, calling the arrangement a “scheme” and highlighting concerns over transparency and potential waste. He noted that the allocation to an organization with minimal operational history—20 million times its reported revenue—was “extremely concerning.”

This story builds on earlier scrutiny of Abrams’ financial activities. Between her 2018 and 2022 gubernatorial campaigns in Georgia, Abrams’ net worth rose from $109,000 to $3.17 million, fueled by book deals, speaking engagements, and business ventures. Critics, including some Republican figures, have long accused her of leveraging her political profile for personal gain, a narrative revisited with this grant. Additionally, in January 2025, the New Georgia Project, a nonprofit Abrams founded in 2013, agreed to pay a record $300,000 fine for violating Georgia campaign finance laws during her 2018 campaign, further fueling debates about her organizations’ financial practices.

Sentiment on platforms like X reflects outrage among some users, with claims that the $2 billion was “pilfered” or indicative of corruption, though these remain unproven assertions. Neither Power Forward Communities nor Abrams has directly responded to the latest allegations as of the most recent reports. The situation remains fluid, with ongoing scrutiny from the Trump administration and DOGE, suggesting potential further developments as investigations or efforts to claw back the funds proceed.