No more Biden shenanigans on foreign money pouring – Latest News
The Trump battle to clean up greater ed continues — now the president has issued an government order demanding 100% transparency about foreign sources of funding for US colleges.
Federal law already requires that colleges report any foreign funding they obtain.
But beneath Joe Biden, the administration broke with precedent and stopped releasing the donor names to the public and as a substitute simply listed the place of origin.
The consequence?
Nearly a billion {dollars} flowed in during his administration from shady offshore tax havens, typically concealing the true national source of the funding.
The Trump transfer, per the White House, is geared toward universities suspected of not being absolutely revealing who’s sending large bucks from overseas, and can require Secretary of Education Linda McMahon to finish Biden administration actions “that allow universities to obscure details regarding their foreign funding.”
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And there’s a lot of that: A 2020 DOE report discovered that fewer than 300 of the 6,000 colleges required to reveal such donations had truly finished so, and turned up some $6.5 billion in unreported foreign money.
And from which nations does this large stream of largesse move?
In 2024, high among the many main givers had been . . . China and Qatar.
That’s proper: Our predominant world strategic competitor and one of the worst terror sponsors on this planet.
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No shock, then, that Harvard and Cornell — two main recipients of Qatari Qash — supplied such large assist for the Jew-hating thugs of their campus Tent-ifadas.
Or that there’s been a dramatic increase within the quantity of American researchers caught illegally collaborating with China.
We can’t wait to listen to the justifications of elite colleges as they scream and shout and sue to stop the daylight getting in.
Noooooo! You can’t discover out how a lot we truly received from the identical people who fund Hamas!
Americans have a proper to know their funding sources, particularly if these colleges get taxpayer {dollars} as nicely.
Time to finish this farce as soon as and for all — good on the Trump administration for taking up this battle.
