Cape News

U.S. Senator Josh Hawley has called out Bob Sternfels, Global Managing Partner of McKinsey & Company, for allegedly false comments made during a Senate Homeland Security and Governmental Affairs subcommittee hearing. Sternfels claimed under oath that McKinsey had never worked with the Chinese Communist Party or the central government in China, a statement that has now been brought into question.

In response to these revelations, Senator Hawley has reintroduced the Time to Choose Act to address McKinsey's connections to China. The Act aims to prohibit federal agencies from contracting with consulting firms that have ties to the Chinese government or Communist Party. It also includes penalties for firms that hide or misrepresent such contracts, including termination of federal contracts, debarment from future government work, and payment of damages.

In a letter to Sternfels, Senator Hawley highlighted the implications of McKinsey's involvement in projects that contribute to China's industrial plans, which have been detrimental to U.S.-China relations. He emphasized the need for transparency and accountability in the consulting industry, particularly when it comes to relationships with foreign powers.

The reintroduction of the Time to Choose Act underscores Senator Hawley's commitment to addressing concerns about consulting firms' ties to China and ensuring that federal contracts are awarded responsibly. The bill aims to hold firms accountable for their actions and prevent further erosion of U.S. interests in the face of foreign influence.