Former US President Bill Clinton has decided to make public the names of more than 200,000 donors to his foundation as part of an agreement with President-elect Barack Obama, to allow his wife to take up the key foreign policy position as secretary of state. Senator Hillary Rodham Clinton is expected to be nominated as secretary of state on Monday, sources close to the process have said.
Bill Clinton decided to publish his contributor list to avoid an appearance of conflict of interest with his wife's duties as secretary of state, The New York Times reported, citing sources close to Clinton and Obama. The disclosure of contributors is among nine conditions that Bill Clinton agreed to during discussions with representatives of Obama, the paper said.
The former president revealed the names of all 208,000 individuals and organizations that have given money since 1997, while the agreement holds that his foundation will release the names to the public as well by year’s end.
At the same time, Clinton agreed to submit his future personal speeches and business activities for review by State Department ethics officials or the White House counsel's office, the paper noted. Clinton has agreed to incorporate his Global Initiative separately from his foundation so that he has less direct involvement. According to the agreement, which becomes effective once Hilary Clinton is nominated as secretary of state, Bill Clinton would no longer hold annual meetings outside of the United States or accept new contributions from foreign governments.
The US President-elect Barack Obama is going to announce the nomination on Monday at a press conference in Chicago.
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