The investigative reporter and author of the new book “Red-Handed: How American Elites Get Rich Helping China Win” told The Star News Network that U.S. colleges and universities, such as the case with Yale University and Joseph Tsai, are not complying with federal reporting laws in regards to their gifts from China and Chinese nationals.
“Section 117 of the Higher Education Act of 1965 is very explicit,” said Peter Schweizer, the founder and president of the Government Accountability Institute and the host of “The Drill Down” podcast. “It says that if U.S. colleges and universities take in foreign donations, they’re required to report those to the federal government.”
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