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Clinton Foundation to bar foreign, corporate funding if Hillary Clinton elected president
The Associated Press reported that Bill Clinton made the announcement to staff during a meting yesterday.
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And in an election year in which a majority of Americans say they do not trust Ms. Clinton, even some allies questioned why the foundation had not reined in foreign donations sooner, or ended them immediately.
Nevertheless, if elected, the foundation will only accept contributions from USA citizens and independent charities. The Clinton Foundation money has gone toward charitable causes including global women’s rights, the fight against AIDS and HIV, and climate change.
Hillary Clinton is the Democratic presidential nominee.
The throwbacks (which Hillary loves!) came just after the Clintons’ daughter Chelsea posted a similar black and white flashback showing a smiley Chelsea and Bill.
The future of the Clinton Foundation has been one of the overarching questions shadowing Clinton’s campaign. These subsidiaries failed to disclose over 1,000 foreign donations, violating Hillary Clinton’s promise to the White House Administration to annually disclose contributors to the Clinton Foundation.
The Clintons have always denied any conflict of interest between the Clinton Foundation and Hillary’s political career, but the changes announced Friday were percieved by their critics as an implicit admission that a problem existed.
This latest development is also coming amid new allegations that indict Hillary Clinton of granting foundation donors favorable access while she ran the State Department.
Trump has talked of a 2009 series of emails that showed Douglas J. Band, a chief adviser to Bill Clinton, seeking to arrange a meeting between a senior US government official and Gilbert Chagoury, a Lebanese-Nigerian developer and foundation donor. The New York Times revealed that Giustra benefitted when Clinton’s State Department signed off on a deal that helped Giustra’s uranium mining interests.
“Well, the real question here is whether Secretary Clinton has been taking questions from reporters, which she absolutely has”, Mook repied. He was pushing for more transparency than what was ultimately agreed upon between the foundation and the Obama transition team. The Clinton campaign said its rivals had mischaracterized the exchange and that Clinton never took action because of donations to the foundation.
She said the country can’t ignore the challenges and “certainly we must not inflame them”.
As part of the changes, Bill Clinton agreed that he would step down from the board of the organization if his wife was elected and would do no more fundraising for the group.
Bill also announced that the Clinton Global Initiative, an annual meeting of foundation donors and global leaders, will end this year regardless of the election results.
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The foundation has estimated that commitments by its members have improved the lives of more than 430 million people in more than 180 countries.