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Washington, D.C. – U.S. Senator Marco Rubio (R-FL) introduced the Federal Acquisitions and Contracting Transparency (FACT) Act to require federal contractors to disclose any existing contracts with the Chinese Government and Communist Party, military, or Chinese state-controlled or -directed entity. Contractors would also be required to disclose any new contracts with entities of concern throughout the duration of their contract with the federal government.
 
“It is common sense that any company working with the U.S. government should publicly disclose its connection to the Chinese Government and Communist Party and related entities,” Rubio said. “It is no secret that the CCP will lie, cheat, and steal to strengthen itself at the expense of America’s economic and national security. American workers, entrepreneurs, and families have been the victims of the CCP’s aggression for far too long. Previously undisclosed relationships between federal contractors and CCP-related entities may pose serious institutional conflicts of interest. Transparency is a critical step to addressing the systemic challenge we face from the CCP.” 
 
In July 2020, Rubio raised concerns that “McKinsey & Company — either wittingly or unwittingly — is aiding the Chinese Communist Party’s attempt to supplant the United States and remake the international community in its own image.” In November 2020, Rubio said, “McKinsey’s inability to provide clear, direct answers only exacerbates those concerns and raises serious questions as to whether our government — including the Intelligence Community — should continue to use McKinsey’s services.”