The executive order titled "Transparency Regarding Foreign Influence at American Universities" aims to increase transparency of foreign funding in U.S. educational institutions. It highlights previous failures to disclose significant foreign gifts and mandates the Department of Education to ensure universities report all foreign funding, detailing its sources and purposes. The order also facilitates public access to this information and ensures non-compliant institutions do not receive federal grants. It seeks to protect U.S. educational and national security interests by preventing secretive foreign influence.
Simple Explanation
The President made a new rule that schools in the United States have to tell everyone if they get money from people in other countries, to make sure everything is fair and safe. If schools don't follow this rule, they might not get money from the government.