Cornell close to $100m White House settlement

The White House is eyeing a settlement of as much as $100 million in negotiations with Cornell University about an agreement that would reinstate hundreds of millions of dollars in frozen federal research funding, according to people familiar with the matter.

A deal could be announced as soon as next week, said the people, who asked not to be named because the talks are private. One of the issues still under discussion is whether the pact would call for a resolution monitor to supervise how Cornell is carrying out changes required by the US - an arrangement accepted by Columbia University in a landmark $221 million deal last month. Brown University announced a $50 million deal with the government this week. Cornell declined to comment.