Former California Governor Arnold Schwarzenegger commits $20 million Wednesday, August 1, 2012, for the Schwarzenegger Policy Think Tank in partnership with the University of Southern California. The Schwarzenegger Institute will be housed at the USC Sol Price School of Public Policy in Los Angeles. Schwarzenegger will chair the institute's Board of Advisors and will hold an appointment as the Gov. Downey Professor of State and Global Policy at USC, named after John Downey, an Irish immigrant who in 1860 became California's first foreign-born governor. Downey also helped found USC. Image: Ehirim Files Images.
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