Since President Donald Trump’s victory over Hillary Clinton in the 2016 election, the Clinton Foundation’s incoming donations have drastically decreased, according to Breitbart News.
A Closer Look at the Clinton Foundation’s Losses
Over the past year, the Clinton Foundation has lost approximately $36 million dollars in donations. This considerable slump comes after Clinton’s loss to Donald Trump in the most recent presidential election. Other impactful and related political events include the Justice Department’s investigation into the Clinton Foundation, coupled with the House GOP’s decision to convene in December 2018 regarding the findings of the aforementioned investigation.
Apparently, the financial setbacks of the Clinton Foundation are so monumental that they’ve had to lay off various workers. To date, the business has let go of 22 employees and even closed the Clinton Global Initiative.
A spokesperson for the Clinton Foundation provided additional details regarding the shutdown of the Clinton Global Initiative.