Donations to Clinton foundation take a nosedive after Hillary’s defeat
The Clintons are moving ahead with plans to downsize their controversial foundation’s network of offshoots, a decision carried out as the powerful family’s political influence wanes and its once-lengthy donor list shrinks.
In a decision announced last week, 22 additional employees are being laid off from the Clinton Global Initiative – known for its annual glitzy gathering of high-powered leaders and celebs. The layoffs are tied to a decision to shutter CGI that originally was announced in an Aug. 22 letter from former President Bill Clinton.
At the time, the Clintons were under pressure to explain how they would handle potential conflicts of interest with their namesake foundation if Democratic presidential nominee Hillary Clinton were to win the White House.
Bill Clinton wrote in his letter at the time: “Nine years ago in my book ‘Giving,’ I wrote, ‘I want to continue these meetings for at least a decade, with the objective of creating a global network of citizen activists who reach across the divides of our interdependent world to build real communities of shared opportunities, shared responsibilities, and a genuine sense of belonging.’ … That is exactly what CGI, its members, and its dedicated staff have done.”
Clinton lost the 2016 election to Donald Trump — but the family is proceeding anyway with its CGI plans, and those “dedicated staff” are getting the ax.
This article continues at [Fox News] Clinton Global Initiative to lay off employees, shut down amid dwindling donations