Schwarzenegger and USC Create a Think Tank

Former California Gov. Arnold Schwarzenegger and USC are teaming to create the USC Schwarzenegger Institute for State and Global Policy, with one of the focuses on bipartisanship.

Schwarzenegger, who has returned to acting since leaving the governorship last year, will chair the board of advisers and hold the title of Governor Downey Professor of State and Global Policy, named for one of his predecessors in California’s statehouse and the co-founder of USC.

The institute will have five policy areas: education, energy and environment, fiscal and economic policy, health and human wellness and political reform.

The institute will be led by Bonnie Reiss, entertainment law attorney and former state Secretary of Education, and Nancy Staudt, a scholar on tax law and public policy.

Schwarzenegger made an initial gift and a fundraising commitment, reportedly for $20 million. The instute’s first event will be a one-day symposium on post-partisanship to be held on Sept. 24.

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