Recent News About McKinsey And Company

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  Private credit boom implications for US financial policy and nonbank lending

  In a report dated September 24, McKinsey & Company indicates that private credit has grown to nearly $2 trillion. This expansion raises significant implications for U.S. financial policy as non-bank lending increasingly dominates the market, shifting assets away from traditional banks.

  By A. D. Bamburg

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  Rubio: 'The Chinese Communist Party poses an existential threat to our nation, and McKinsey cannot be trusted'

  Sen. Marco Rubio (R-Fla.) is calling on federal agencies to cut ties with McKinsey & Co., a New York City-based management consulting firm, in light of media reports that it was quietly working with opioid manufacturers while at the same under contract with the U.S. Food and Drug Administration’s drug approval agency.

  By T.H. Lawrence

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