Rpublican senators question President Joe Biden candidate for the head of the Bureau of Land Management on a personal loan she accepted from a developer in Montana.
Tracy Stone-Manning met real estate developer Stuart Goldberg around 2000 while supporting a nonprofit conservation organization she ran, according to information she recently provided to a Senate committee.. They became friends, dining at each other’s house, going camping and going to concerts together. She then presided over her wedding.
There were also cases involved. While Stone-Manning was the executive director of the Clark Fork Coalition, she did what she called the “possibly unprecedented” act of support a development project Goldberg’s company had advanced, according to the Missoulian.
In 2008, their friendship added a new dimension when Stone-Manning took out a $ 60,000 personal loan from Goldberg. At the time she borrowed the money, Stone-Manning was a federal employee, working as a regional manager for Senator Jon Tester (D-Mont.).
Stone-Manning worked in the tester’s office for five more years, before Montana Gov. Steve Bullock (R) appointed her as head of state Department of Environmental Quality in 2013. After two years in this position, she left to become Bullock’s Chief of Staff, before entering the private sector in 2017.
There is no evidence that she did anything untoward in obtaining the loan or using her official duties for the benefit of her creditor. Stone-Manning said she didn’t even know Goldberg’s interests before the government. In 2020, after paying interest only for 12 years on the personal loan every month, Stone-Manning paid off the principal.
During his confirmation hearing in June, Senator Roger Marshall (R-Kan.) asked about the outlook for the Stone-Manning arrangement. “Like many families in 2008, we were hit by the recession and a friend loaned us money to make sure we could get by,” Stone-Manning said. “We came to an agreement and we honored the loan. ”
Senator John Barrasso (R-Wy.) Then requested documents relating to the loan, but Stone-Manning refused to provide them. “Arrangements were made verbally and payments were made electronically,” she replied in a written response, without explaining why this would prevent her from sharing files.
Stone-Manning, Goldberg and a spokesperson for the Home Office did not respond to Forbes requests.
The Senate Energy Committee is must vote on Stone-Manning’s nomination Thursday.