Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Politics

House Republican cracks down on foreign cash funneled into US nonprofits

by February 1, 2024
February 1, 2024
House Republican cracks down on foreign cash funneled into US nonprofits

A new House Republican-led bill aims to crack down on the flow of foreign money to U.S.-based think tanks and charities.

Rep. Lance Gooden, R-Texas, told Fox News Digital that he’s introducing the ‘Think Tank and Nonprofit Foreign Influence Disclosure Act’ to increase awareness of where those groups get their cash from and whether foreign governments could be using them to promote views hostile to U.S. interests.

‘We must pull back the curtain on foreign entities that seek to shape U.S. policy and public opinion through covert funding,’ Gooden said.

‘This legislation is a necessary measure to shed light on the unreported financing behind the research organizations and nonprofits shaping our foreign policy.’

Under his legislation, donations and other contributions to nonprofits made by other governments or political parties have to be publicly disclosed if the value exceeds $50,000.

‘Foreign governments and foreign political parties attempt to influence the government and political system of the United States through donations to nonprofit charitable organizations, especially think tanks and cultural organizations,’ reads the bill text, obtained by Fox News Digital.

‘While institutions of higher learning are required to disclose foreign gifts to the Department of Education pursuant to the Higher Education Act, no such requirement exists for think tanks.’

Under the Trump administration, the State Department urged think tanks that it engaged with to prominently disclose their sources of funding.

‘We welcome diverse views when doing so. We are mindful, however, that some foreign governments, such as those of the People’s Republic of China (PRC) and the Russian Federation, seek to exert influence over U.S. foreign policy through lobbyists, external experts, and think tanks,’ then-Secretary of State Mike Pompeo said in October 2020.

Fox News Digital reached out to the Biden administration to find out whether the policy is still active under the Biden administration but has not heard back.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
House Oversight, Judiciary to hear testimony from another Biden family biz associate amid impeachment inquiry
next post
Experts See Uranium Stock Opportunities as Strong Demand Meets Supply Crunch

Related Posts

Former North Dakota governor has car stolen while...

August 26, 2023

GOP congressman dismisses anti-McCarthy insurgents, says ‘95% should...

September 24, 2023

House floor to be clogged with political fights...

October 30, 2023

WATCH: Press secretary loses it when asked if...

July 8, 2023

Grassley: Burisma executive who allegedly paid Biden has...

June 13, 2023

Dem bill in California would mandate judges to...

July 10, 2023

Alabama Education Department employee charged with sexually abusing...

July 23, 2023

Former Hamas leader Khaled Meshaal urges Muslims, globally,...

October 12, 2023

House passes $60B Ukraine aid bill as GOP...

April 21, 2024

Biden concedes to pro-Palestinian protesters after multiple interruptions:...

March 27, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    • Questcorp Mining

    • Nickel Price 2025 Year-End Review

    • Armory Mining Engages Castello Q Exploration for Ammo Antimony-Gold Work Program

    • International Lithium Corp. AGM Chairman’s Statement

    • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    Categories

    • Business (1,424)
    • Investing (3,302)
    • Politics (3,699)
    • Stocks (1,888)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved