Saturday, June 13, 2020

All the Tea on China

When the voters finally got fed up with his embarrassing public antics, this Lake County Congressman was shown the door by his sensible Democratic opponent. Your LakeCountyEye refers of course to former Congressman Peter Roskam.

Roskam didn't wait for the door to close on him before leveraging his years of government service into a federal lobbying job:
Yum China Holdings — a Chinese company listed on the New York Stock Exchange that operates KFC, Taco Bell and Pizza Hut restaurants in China — has hired Sidley Austin as its first Washington lobbying firm. Former Rep. Peter Roskam (R-Ill.) and three other Sidley lobbyists will lobby for the company on legislation known as the Holding Foreign Companies Accountable Act, S. 945 (116).
NEW BUSINESS: Yum China Holdings
The legislation would expel companies controlled by the Chinese government from US stock exchanges. Yum China Holdings presumably wants to get the bill killed.
One State Dept official said: "We tried putting tariffs on Chinese junk food, but they retaliated and had General Tso demote Colonel Sanders to a PFC."

That's all your LakeCountyEye has. Move along, chop chop.

No comments: