Ernst Backs Hawley Bill to Block Universities with $10 Billion Endowments

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Sen. Joni Ernst (R-IA) announced on Thursday that she would cosponsor Sen. Josh Hawley’s legislation (R-MO) to prevent universities with large endowments from receiving coronavirus aid.

Hawley and Rep. Jim Jordan (R-OH) announced in April that they would sponsor legislation to prevent universities with endowments larger than $10 billion from coronavirus aid.

Sens. Marsha Blackburn (R-TN), Martha McSally (R-AZ), and Marco Rubio (R-FL) cosponsored the Senate version, while Rep. Ben Cline (R-VA) cosponsored the House version.

Ernst, one of the Senate’s leading government waste hawks, said that she will cosponsor the bill.

Ernst said in a statement that universities with multibillion-dollar endowments should use their own funds before receiving government-funded assistance.

Ernst said:

With small businesses and families across Iowa facing serious challenges and uncertainty during this crisis, it’s…

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