In a new fact check today, PolitiFact Pennsylvania investigated the claim that Katie McGinty “made thousands from companies she previously regulated.” The claim was rated True.
The NRSC has run TV advertisements targeting “Shady” Katie McGinty for this same practice, watch: “What Are The Odds” and “But Wait, There’s More”
In case you missed it, from PolitiFact:
Ex-DEP secretary McGinty (legally) profited from the environmental business
PolitiFact | Mark Dent
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After leaving Rendell’s administration, according to her LinkedIn profile, McGinty worked as a director for NRG Energy for three years, senior VP and managing director of strategic growth for Weston Solutions for two and chair of Fresh Start PA for five months. She also advised for the solar energy company Plextronics and served as a board member of Iberdrola, a wind-energy and natural gas company.
For NRG, she was pulling in six figures annually. According to SEC filings from NRG Energy, McGinty made $200,000 in cash and stock in 2011 and $146,000 in 2009. Penn Live reported Iberdrola paid McGinty $125,000 for her work on the board.
Would those firms fall under the DEP’s umbrella? DEP press secretary Neil Shader said the DEP regulates the activities of energy companies, as well as others related to the environment.
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The pro-Republican PAC Freedom Partners Action Fund attacked Senate candidate Katie McGinty in a recent ad, stating, “she’s made thousands from companies she previously regulated.”
After McGinty stopped working as DEP secretary in 2008, she worked for or served on the board for energy companies NRG Energy, Iberdrola and Plextronics, among others. NRG Energy and Iberdrola both compensated her with more than $100,000. According to the Department of Environmental Protection, the office is responsible for regulating the activities of energy companies.
We rule the claim True.