Overview
- A bipartisan group of U.S. lawmakers has requested an investigation into McKinsey's failure to disclose its consulting work with Chinese government entities.
- The investigation request highlights concerns about McKinsey's eligibility for over $470 million in Defense Department contracts since 2008.
- McKinsey's work with China included advising on economic plans and working with state-owned enterprises, raising national security concerns.
- Lawmakers allege that McKinsey misrepresented its relationship with the Chinese government, potentially violating federal conflict of interest rules.
- McKinsey has reportedly begun reducing its business ties in China, including cutting back on government-linked clients and reducing its workforce there.