The Biden administration entrusted Citi to manage the massive $20 billion program, but in the weeks since Zeldin’s campaign began, the bank has allegedly refused to release the money to grantees.

According to the lawsuit filed in federal court, Citibank cut off access to Climate United’s bank account on February 18 — an action the bank did not explain for weeks.

The bank arranges many of the payments functions for government agencies, including transfers that the Trump administration has recently frozen. In suits brought by environmental groups, Citi has been ...

Lawsuits are piling up against the bank as it faces pressure from the Trump administration to freeze climate funding. A third nonprofit that was awarded money through EPA’s green banking program ...

President Donald Trump’s campaign to cut spending at every level of the government is creating a series of headaches for its go-to banker: Citigroup Inc.