Former President Bill Clinton announced Monday that he would step down from the foundation bearing his name if Hillary Clinton is elected president.
In an open
letter, the former president laid out the changes the Clinton Foundation and related initiatives would undergo should his wife, the Democratic nominee, become president to eliminate “legitimate concerns about potential conflicts of interest.”
Among the changes that will be made should Hillary Clinton take the White House, the foundation will only accept donations from U.S. citizens, permanent residents and U.S.-based independent foundations. Foreign governments and corporations would no longer be able to donate.The changes come as Clinton continues to face political attacks on the foundation, and on whether such a large outside organization can co-exist while being run by the family of a major public official.
The changes were announced on the same day that Republican presidential nominee Donald Trump called for the foundation to be entirely disbanded