Clinton Foundation Downsizes After Donations Dry Up.

The Clinton Global Initiative is downsizing and ending annual meetings as of 2017, as announced by former President Bill Clinton in a 22 August 2016 letter.

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.

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