Friday, December 23, 2022

U.S._ Former Google CEO linked to funding White House tech jobs

THE WASHINGTON TIMES

Former Google CEO linked to funding White House tech jobs


This march 8, 2016, file photo shows Eric Schmidt, executive chairman of Alphabet speaking during a press conference ahead of the Google DeepMind Challenge Match in Seoul, South Korea. (AP Photo/Lee Jin-man, File) more >


By Jeff Mordock - The Washington Times - Friday, December 23, 2022



Eric Schmidt, former CEO of Google, is indirectly funding the salaries of officials in a White House office tasked with advising President Biden on technical and scientific issues, according to a report.

More than two dozen jobs in the White House are funded by the Federation of American Scientists, according to a report Friday from Politico. FAS is a nonprofit think tank tackling national security challenges with scientific analysis.

The salaries for the FAS fellows inside the White House are covered by Mr. Schmidt’s research and investment firm, Schmidt Futures, according to the Politico investigation.

Schmidt Futures is registered as a limited liability corporation called the Future Action Network, which legally bars it from funding federal government positions. But it can provide financing to a nonprofit entity such as FAS, which can then fund the White House positions under a 1970 law.

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READ MORE: https://www.washingtontimes.com/news/2022/dec/23/former-google-ceo-linked-funding-white-house-tech-/

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