Elaine Chao, US Department of Transportation Secretary, and her husband Mitch McConnell, Republican Senate Majority Leader, recently attended a ceremony at Harvard Business School. The ceremony was in honor of a new building for Harvard’s Executive Education program, which was named The Ruth Mulan Chu Chao Center after Chao’s mother. A $40 million donation from the Chao family and it’s foundation, which is also named for Chao’s mother, funded the building.
While this may seem like a generous gesture on the surface, if one digs a little deeper, the truth isn’t pretty. Millions of dollars have been funneled to the Ruth Mulan Chu Chao Foundation via offshore tax havens.