Standard News

Hide Advertisement
  • Business
  • Culture
  • News
  • Technology
  • Trending
Site logo
ADVERTISEMENT
ADVERTISEMENT

Clinton Foundation to bar foreign, corporate funding if Hillary Clinton elected president

By Reuters 2 min read
Advertisement - Continue reading below
A Clinton Foundation souvenir is seen for sale at the Clinton Museum Store in Little Rock

WASHINGTON (Reuters) – The Clinton Foundation will stop accepting foreign and corporate donations if Hillary Clinton is elected president and will stop holding the annual Clinton Global Initiative meetings whatever the outcome of the November election, a foundation spokesman said on Thursday.

Former President Bill Clinton told staff members on Thursday he would resign from the foundation’s board and that it would only accept donations from U.S. citizens and independent charities.

Advertisement

The former president also said he would hold the 12th and final Clinton Global Initiative in September. The annual meetings have included current and former heads of state, corporate leaders and celebrities who discussed poverty, healthcare, development and other issues.

Foundation spokesman Craig Minassian confirmed the moves, which were first reported by the Associated Press.

The foundation has come under fire during Hillary Clinton’s Democratic presidential campaign, with Republicans charging that donors were rewarded with access to her and her aides as well as her husband while she was secretary of state from 2009 to 2013.

Other critics have said the foundation’s reliance on millions of dollars from foreign governments created conflicts of interest for a would-be U.S. president.

Clinton resigned from the foundation’s board after launching her successful bid for the Democratic presidential nomination. She will face Republican Donald Trump in the Nov. 8 election.

The Bill, Hillary & Chelsea Clinton Foundation, founded in 2001, has raised more than $2 billion for causes that focus on health and environmental issues, mainly in the developing world.

(Additional reporting by Jonathan Allen in New York; Reporting by Eric Walsh; Editing by Peter Cooney)

tagreuters.com2016binary_LYNXNPEC7H1GR-VIEWIMAGE

Advertisement - Continue reading below

Pennsylvania woman sues estate of teen who fell on her from 8th floor window
News
Reuters 2 min read

Pennsylvania woman sues estate of teen who fell on her from 8th floor window

Baltimore officer waives jury trial in death of Freddie Gray
News
Reuters 2 min read

Baltimore officer waives jury trial in death of Freddie Gray

Below is a compilation of reportedly haunted locations in Southern Illinois:

1
Entertainment
Ethan Blake 5 min read

Below is a compilation of reportedly haunted locations in Southern Illinois: 1

U.S. government and North Carolina escalate legal fight over transgender law
News
Reuters 3 min read

U.S. government and North Carolina escalate legal fight over transgender law

Discover the 13 Most Terrifyingly Spooky Locations in Iowa
Entertainment
Ethan Blake 3 min read

Discover the 13 Most Terrifyingly Spooky Locations in Iowa

South Korean cram school tutors deny wrongdoing in SAT leak case
News
Reuters 2 min read

South Korean cram school tutors deny wrongdoing in SAT leak case

This Historic Sydney Power Plant Is A Remarkable Relic Of The Industrial Era
Trending
David Clarke 3 min read

This Historic Sydney Power Plant Is A Remarkable Relic Of The Industrial Era

Discrimination against Muslims an affront of American values: Obama
News
Reuters 2 min read

Discrimination against Muslims an affront of American values: Obama

Senator Rubio cites homegrown radicals as major U.S. threat
News
Reuters 1 min read

Senator Rubio cites homegrown radicals as major U.S. threat

Supreme Court agrees to review ATM fee antitrust lawsuit
News
Reuters 2 min read

Supreme Court agrees to review ATM fee antitrust lawsuit

load more Loading posts...

sidebar

ADVERTISEMENT
ADVERTISEMENT

sidebar-alt

  • About Us
  • Imprint
  • Contact Us
  • Terms of Service
  • Privacy Policy
  • For Advertisers