7/23, 5:50 PM (Source: TeleTrader)
more TeleTrader news

Huawei to hire Podesta to improve ties with WH - report

Huawei Technologies Co. Ltd. intends to hire Tony Podesta, a United States Democratic lobbyist, in an effort to improve the relations between the technology giant and the Biden administration, Politico reported on Friday, citing two people familiar with the matter.

Podesta, who is also a brother of Hilary Clinton's former campaign manager, will "work to advance a variety of the company's goals in Washington," the outlet explained.

Huawei is Podesta's second major client from the Asian country, the report claimed, explaining that the lobbyist also represented China-United States Exchange Foundation (CUSEF) in 2018.

Breaking the News / BU