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Defying the Odds

Defying the Odds
New book about the 2016 election.

Monday, February 23, 2015

HRC's Money Issue

American Crossroads is using the foreign money issue against Hillary Clinton.  (The audio is Elizabeth Warren.)

 

At AP, Ken Thomas provides some background:
The foundation launched by former President Bill Clinton more than a decade ago has battled HIV and AIDS in Africa, educated millions of children and fed the poor and hungry around the globe. It also has the potential to become a political risk for Hillary Rodham Clinton as she moves toward a second presidential campaign.
The former secretary of state has struggled with some recent bad headlines over large donations given to the foundation by foreign governments in the past two years, and the $200 million-plus the organization has raised since 2013, ahead of her anticipated White House campaign.

James Grimaldi and Rebecca Ballhaus report at The Wall Street Journal:
Among recent secretaries of state, Hillary Clinton was one of the most aggressive global cheerleaders for American companies, pushing governments to sign deals and change policies to the advantage of corporate giants such as General Electric Co. , Exxon MobilCorp. , Microsoft Corp. and Boeing Co.
At the same time, those companies were among the many that gave to the Clinton family’s global foundation set up by her husband, former President Bill Clinton. At least 60 companies that lobbied the State Department during her tenure donated a total of more than $26 million to the Clinton Foundation, according to a Wall Street Journal analysis of public and foundation disclosures.
...
President Barack Obama ’s transition team worried enough about potential problems stemming from Clinton-organization fundraising while Mrs. Clinton was secretary of state that it asked Mr. Clinton to quit raising money from foreign governments for the Clinton Global Initiative and to seek approval for paid speaking engagements, which he did. The transition team didn’t put limits on corporate fundraising.
The foundation resumed soliciting foreign governments after Mrs. Clinton left the State Department. The official name of the foundation was changed to the Bill, Hillary & Chelsea Clinton Foundation. Mrs. Clinton became a director. All told, the Clinton Foundation and its affiliates have collected donations and pledges from all sources of more than $1.6 billion, according to their tax returns. On Thursday, the foundation said that if Mrs. Clinton runs for president, it would consider whether to continue accepting foreign-government contributions as part of an internal policy review.