Fri Sep 20 12:01:56 UTC 2024: ## Former Presidents Cash In After Leaving Office, While Energy Secretary Granholm Pushes Green Energy Agenda

**Washington D.C.** – Former presidents are proving that the real rewards of the presidency often come after leaving office, with many leveraging their stature and fanbase to land lucrative speaking engagements, book deals, and other lucrative opportunities. Donald Trump stands out as the most successful post-presidential money-maker, amassing a billion dollars from politics less than four years after losing reelection.

Former President Barack Obama, along with his wife Michelle, have also cashed in on their post-presidency, earning millions from book deals, media contracts, and speaking engagements. Meanwhile, former President George W. Bush has earned significant income through book sales and speaking fees, while former President Bill Clinton has leveraged his experience to land lucrative consulting and speaking engagements.

While former presidents are enjoying their post-presidential wealth, Secretary of Energy Jennifer Granholm is facing a monumental task: distributing over $110 billion in funding for green energy initiatives to meet the Biden administration’s goal of net-zero carbon emissions by 2050. Granholm has pledged to expedite the process, but some critics argue that the agency needs more freedom to take bigger risks in combating the climate crisis.

Meanwhile, the stock market enjoyed a positive week, fueled by the Federal Reserve’s first rate cut in over four years. Tech giants like Apple and Nvidia led the rally, while other sectors, including construction and banking, also benefited from the shift towards a less aggressive rate environment.

In other news:

* Shohei Ohtani continues to make history, becoming the first MLB player to hit 50 home runs and steal 50 bases in a season.
* Disney CEO Bob Iger and his wife Willow Bay have purchased a controlling stake in the women’s soccer team Angel City FC for a record-breaking $250 million.
* The U.S. government is facing a potential shutdown just six weeks before the election, as lawmakers remain at odds over funding legislation.
* Republican candidate for governor in North Carolina, Mark Robinson, is facing controversy after reports surfaced about controversial comments he made online in the past.

These stories and more can be found in this edition of Forbes Daily.

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