WASHINGTON, May 19 (Reuters) - U.S. Senator Elizabeth
Warren is pushing Brazilian meatpacker JBS SA to
explain its $5 million donation to the Trump-Vance Inaugural
Committee and whether the money courted the Trump
administration's recent approval of its listing on the New York
Stock Exchange.
JBS, the world's largest meat company, received approval in
April from the Securities and Exchange Commission to dual-list
its shares in Brazil and New York after years of trying. The
company's donation to President Donald Trump's inauguration
festivities in January was the largest of any donor.
Warren, a Democrat, asked the company in a letter whether it
or its subsidiary poultry company Pilgrim's Pride had
communicated with Trump or his team about the donations or
listing approval.
Warren, who sits on the Senate Banking Committee, noted the
Department of Justice has two ongoing civil investigations into
Pilgrim's Pride, including into how it pays its farmers and for
antitrust matters.
"Your large donations and direct stake in federal policies
and enforcement actions, and the Trump Administration's series
of actions that benefit your companies, raise serious concerns
about a potential quid-pro-quo arrangement," Warren said in the
letter, which was sent to the company on Monday and first
reported by Reuters.
JBS did not immediately respond to a request for comment.
The company's shareholders will vote on its NYSE listing on May
23. Environmental groups have slammed the listing, citing
concerns over deforestation of the Amazon for livestock
production and the company's emissions of greenhouse gases.
JBS in February agreed to pay $83.5 million to settle antitrust
claims that it conspired with other meatpackers to keep meat
prices artificially high.