Bribing our university bosses.-----Senators introduce legislation to curb secret foreign funding of American universities | The College Fix

Senators introduce legislation to curb secret foreign funding of American universities | The College Fix

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  Republican lawmakers introduce new bill to combat foreign influence on college campuses
• Republican Senators, including Tim Scott of South Carolina and Tom Cotton of Arkansas, have introduced legislation to increase transparency surrounding the money that foreign countries give to American universities.
• The Foreign Funding Accountability Act would require the disclosure of full names of foreign entities, disclosure of the specific purposes of foreign gift transactions and clarification that gifts to university foundations are not exempt from disclosure.
  
• It would also lower the minimum reporting threshold for disclosure—from $250,000 to $25,000.
• Research finds problems with transparency
• Multiple investigations have uncovered gaps between money received by universities from foreign entities and the amount reported to authorities.
• A Wall Street Journal report in 2020 that found Cornell University failed to report more than $1.2 billion in foreign funds, including $760 million related to its campus in Qatar and about $1 million in contracts from Chinese telecom company Huawei Technologies Co.