BREAKING NEWS

Clinton Foundation plans to close overseas fundraising arms

By REUTERS

SEPTEMBER 2, 2016 19:23

NEW YORK - The Bill, Hillary & Chelsea Clinton Foundation will shut down its fundraising affiliates in Sweden and the United Kingdom if Hillary Clinton wins the US presidency in November, a spokesman for the global charity said this week.

The foundation has in recent weeks begun announcing planned new donor restrictions to allay criticism that wealthy supporters might be expecting special treatment from the US government in return.

Both the William J. Clinton Foundation UK in London and the Clinton Foundation Insamlingsstiftelse in Stockholm will close if Clinton becomes president because of their acceptance of foreign funding, Brian Cookstra, a spokesman for the Clinton Foundation in New York, said in one of a series of emails responding to questions from Reuters.

Both organizations exist to receive donations overseas, neither have any employees, and they are overseen by board members of the main Clinton Foundation in the United States, their financial statements show.

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