Paul Ryan Launches New “Foundation” – Will It Be Like The Clinton Foundation?

Former house speaker Paul Ryan is embarking on a new venture.

He has formed a non-profit organization called The American Idea Foundation.

The Hill reports:

Paul Ryan launches new nonprofit

Former Speaker Paul Ryan (R-Wis.) on Monday launched a nonprofit organization that will focus on his legislative priorities during his two decades in Congress: fighting poverty, boosting economic opportunity and promoting “evidence-based” reforms on issues like welfare, foster care and criminal justice.

The American Idea Foundation, which will have offices in his hometown of Janesville, Wis., will partner with community organizations, academics and lawmakers. Ryan will serve as president of the 501(c)(3) nonprofit.

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“The American idea means the condition of your birth does not determine the outcome of your life, and I am excited this Foundation will educate individuals about solutions and efforts that give more people the opportunity to realize their versions of the American Dream,” Ryan said in a statement launching his nonprofit.

“The American Idea Foundation will demonstrate that it is the bottom-up dynamism of individuals and communities that truly makes America a land of prosperity,” he added. “I wholeheartedly believe the Foundation can make a real difference and help those organizations working to expand opportunities across the county.”

Americans have become a little suspicious of politicians launching foundations, thanks to the Clinton Foundation.

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We hope this is going to be different.

Trump supporters are particularly wary of Ryan.

Breitbart explains why:

Ryan retired from the House in January after serving three years as speaker. Under his watch, the Republicans lost their majority in the 2018 midterm election.

Since leaving Congress, Ryan has joined Fox Corp. as a member of its board of directors and joined the faculty of the University of Notre Dame.

Ryan made headlines in recent months for trashing President Donald Trump’s approach to governing and taking particular umbrage with the president’s nickname for pornstar Stormy Daniels.

“We’ve gotten so numbed by it all,” Ryan told American Carnage author Tim Alberta. “Not in government, but where we live our lives, we have a responsibility to try and rebuild. Don’t call a woman a ‘horse face.’ Don’t cheat on your wife. Don’t cheat on anything. Be a good person. Set a good example.”

It’ll be interesting to see what he does with his new organization.


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