Warren Calls On Buttigieg to Disclose His McKinsey Clients
(Bloomberg) -- Senator Elizabeth Warren called on her Democratic rival Pete Buttigieg to disclose the names of his consulting clients while working at McKinsey & Co. and “open the doors” of his fundraisers to the press.
Speaking to reporters at a Democratic National Committee fundraiser in Boston on Thursday, Warren also urged Buttigieg to release more details about the financing of his campaign. Buttigieg has moved into the top spot in many recent Iowa polls as Warren has slid.
“The mayor should be releasing who's on his finance committee, who are the bundlers who are raising big money for him, who he's given a title to and made promises to,” Warren said. “And he should open up the doors so that the press can follow the promises that he's making in these big-dollar fundraisers.”
The Buttigieg campaign released the names of 23 bundlers for the first quarter to the Center for Public Integrity in April, but hasn't made any disclosures since then.
While Buttigieg, the mayor of South Bend, Indiana, has raised money by holding fundraisers with donors from Wall Street and Silicon Valley, Warren has eschewed such events and relies on grassroots fundraising from mostly small-dollar donors.
Earlier: Elizabeth Warren Loses Momentum in 2020 Race After Rise
Warren has largely shied away from criticizing other 2020 candidates by name, but she called on Buttigieg to release the clients he worked for as a consultant for McKinsey for nearly three years starting in 2007. Buttigieg says he signed a nondisclosure agreement when he left the firm in 2010, though he has released his tax returns covering his time there.
“I think that voters want to know about possible conflicts of interest,” Warren said.
Warren was responding to a question about an article published by the New York Times Editorial Board on Thursday that called on Buttigieg to release the names of his clients at McKinsey.
Warren, who worked in the private sector during her tenure as a law professor at Harvard, has released the names of clients that she defended as a bankruptcy lawyer, but not her tax returns. In response to her comments, the Buttigieg campaign demanded that Warren release them.
“If Elizabeth Warren wants to have a debate about transparency, she can start by opening up the doors to the decades of tax returns she's hiding from her work as a corporate lawyer - often defending the types of corporate bad actors she now denounces,” Lis Smith, Buttigieg's senior communications adviser, wrote on Twitter.
(Michael Bloomberg is also seeking the Democratic presidential nomination. Bloomberg is the founder and majority owner of Bloomberg LP, the parent company of Bloomberg News.)
To contact the reporter on this story: Misyrlena Egkolfopoulou in Washington at megkolfopoul@bloomberg.net
To contact the editors responsible for this story: Wendy Benjaminson at wbenjaminson@bloomberg.net, Max Berley, John Harney
©2019 Bloomberg L.P.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.
-
High US Salaries, No Green Card Certainty: The Financial Calculation Facing Indian H-1B Families
The suspension of PERM processing at eight technology employers does not cancel existing H-1B visas. What it does is force a question many Indian families have been avoiding: is the US salary worth tying your career and family plans to one employer?
-
Swiggy vs Eternal: Food Delivery's Two Rivals Are No Longer In The Same Race
Eternal is building a private AI assistant, dark.ai. Swiggy is still working out how to make Instamart pay, with an operating loss of Rs 895 crore in the July-September quarter while Blinkit stayed profitable.
-
Where You Live Shapes How You Get To Work | The Reason Why
Two-wheelers are the most popular way to get to work in India, accounting for nearly 43% of workplace commutes.
-
Unhedged Position: Can India See An Indonesia-Style Time Correction?
The Nifty is trading below levels it first clocked in 2024. Is there, then, as I have suggested in the headline, potential that the current time correction drags on painfully for the next three-five, even ten years?
-
Navigating Friction And Energy Realities: An Analysis Of Marco Rubio's October Visit To India
Occurring at a critical juncture marked by stalled trade negotiations and escalating geopolitical pressures over global energy supplies, the visit offers a profound window into modern US-India relations.
-
India Exports Capital. Why Not Export Trusteeship?
The big question, then, is whether India can build an institution that global borrowers, investors, banks, and lawyers can trust, even without an Indian connection.
-
France's Economy & Politics Are In Crisis | The Reason Why
Let's look at how the French economy and politics evolved under Nicolas Sarkozy, Franois Hollande and Emmanuel Macron.