General News

Susan Rice ordered to sell $2.7M stake in oil pipeline company after project moves forward

President Biden’s adviser Susan Rice is being ordered to sell a $2.7 million stake in the oil pipeline company Enbridge — after the Biden administration determined to enable the agency’s Line 3 pipeline project.

The Workplace of Authorities Ethics ordered Rice to divest from the company on July 9, in accordance to filings first reported by The Every day Poster.

Though Biden has broadly taken motion towards oil pipelines, most notably canceling the Keystone XL oil pipeline, his administration has continued to enable the Line 3 project, which might deliver Canadian oil via Minnesota to Wisconsin.

Environmental activists oppose the Line 3 project, however the trigger has acquired far much less nationwide consideration than different pipelines.

Final month, Biden administration officers indicated they’d not withdraw permission for Line 3 in a significant boon for the company.

The Workplace of Authorities Ethics additionally ordered Rice, who’s director of the Home Coverage Council, in addition to her husband and household belief to divest from smaller holdings that will current a battle of curiosity.

Enbridge's Line 3 project is set to bring Canadian oil through Minnesota to Wisconsin.
Enbridge’s Line 3 project is about to deliver Canadian oil via Minnesota to Wisconsin.
AP/John Flesher

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Donna Miller

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