Clinton Global Initiative lays off 22 as donations dry up

Clinton Global Initiative lays off 22 as donations dry up-will shut down in April

Clinton Global Initiative Shuts Down

The Clinton Global Initiative has terminated 22 employees and will soon become another casualty of the 2016 election season.

CGI, which opened in 2005, will officially close April 15, 2017. Paperwork filed with the New York Department of Labor Jan. 12 confirmed the “discontinuation,” along with the termination of 22 employees. The Jan. 12 filing makes permanent plans issued Aug. 22 by former President Bill Clinton as the family attempted to extricate itself from any conflicts of interest.

A spokesperson for the Clinton Foundation declined to comment on the record with Fox News when contacted Monday about the WARN notice [The Worker Adjustment and Retraining Notification Act]

“This [group] wasn’t just for charitable ends,” Brian Morgenstern, vice president for the Manhattan Republican Party, told the network. “As the initiative is closing its doors, you see foreign governments who had pledged tens-of-millions of dollars pulling their donations now that Hillary Clinton will not be the president. That shows a lot of people that this was more than just a charity. This was a way for the Clintons to network and really peddle influence due to their positions in leadership.”

“There is no way under any circumstance that The Clinton Foundation should be operating if she is elected president,” NBC’s Chuck Todd said during an Oct. 27, 2016, interview on The Steve Cochran Show. “I don’t see how they can keep that going. I just don’t.” Full Story

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