Christopher Hohn, a British billionaire and hedge fund manager, is cutting off funding to left-wing groups and causes after a report by Americans for Public Trust (APT).
APT said in its report that the groups that received funding from the Children's Investment Fund Foundation (CIFF), which lists Hohn as its founder and board chair, "pushed for nothing less than the complete radicalization of the U.S. political landscape."
CIFF, which has a reported $6 billion endowment, is "heavily funded by Hohn’s nearly $60 billion activist hedge fund," according to APT.
"For far too long, Christopher Hohn, and other foreign billionaires like Hansjörg Wyss, have been able to exploit loopholes that allow foreign money to fund policy fights that shape American politics to fit their radical agendas. Hohn is only stopping his giving now that we caught him," APT Executive Director Caitlin Sutherland told Fox Business.
"The fact that hundreds of millions of foreign dollars were able to quietly flow into our political system unchecked illustrates the urgent need for Congress to take action to end the political foreign funding of U.S. nonprofits," she said.