Posted on 03/17/2021 7:01:31 PM PDT by MarvinStinson
Biden nominee for Justice Department owns up to $1 million in auto parts manufacturer
President Joe Biden's nominee for a top Justice Department post is a longtime advocate for raising the minimum wage to $15, but she owns up to $1 million in stock in a company chaired by her father that pays its Mexican workforce as little as $1.30 an hour.
Vanita Gupta—whose net worth of between $42 and $187 million makes her the Biden administration's wealthiest nominee—owns at least $500,000 in Aptiv PLC, an international auto parts manufacturer chaired by her father. In contrast with Gupta's advocacy for a $15 an hour minimum wage, the company pays some of its Mexican employees hourly rates as low as $1.30, according to active job listings reviewed by the Washington Free Beacon. One job posted on Indeed.com, for example, offers a line operator role at a Zacatecas plant that pays the U.S. dollar equivalent of $260 a month for a 50-hour per week job.
In her nonprofit work and her personal social media, Gupta has repeatedly expressed support for both the $15 per hour minimum wage and a so-called livable wage.
Gupta's investments have come under increased scrutiny as her confirmation goes down to the wire. A new ad by the Judicial Crisis Network, which is pushing Sen. Joe Manchin (D., W. Va.) to reconsider his support for Gupta, takes aim at her stake worth tens of millions of dollars in Avantor, a separate company tied to Mexico's heroin production. The Free Beacon reported last month that Gupta was attempting to sidestep the ethical minefield created by her father's wide array of corporate interests.
In her role as president and CEO of The Education Fund, Gupta made a moral case for raising the minimum wage. In a 2018 press release, Gupta said that "a living wage is not a privilege, it is a civil and human right for all." Her case for raising wages was unequivocal: "Raising wages is a moral question: do we value the people who are the engine of our economy or not? The answer must be yes."
Aptiv's business practices appear to fail Gupta's own test of valuing people who are the engines of economies.
Other positions currently advertised by the company include a full-time general operator job that pays $290 a month and a production line operator position that pays $274 a month.
Gupta's personal financial disclosure forms list between $500,001 and $1 million in Aptiv stock, and she has taken profits in recent years as well. The forms show that Gupta received between $5,000 and $15,000 in dividends from Aptiv last year.
The Biden administration did not respond to a request for comment on the investment. Aptiv also did not respond to inquiries.
Aptiv, formerly known as Delphi Automotive, has been helmed by Gupta's father, Rajiv Gupta, since 2015. He has been a director since 2009. According to Aptiv's most recent filing with the SEC, Rajiv Gupta owns 36,861 shares in the company, a stake valued at over $5 million.
Vanita Gupta served as a limited liability partner of an Aptiv subsidiary while her father was on the board. From April to November 2011, she was an officer for the United Kingdom-based Aptiv International Holdings, which remains a subsidiary of Aptiv.
In addition to paying its Mexican workforce far below what Gupta argues is a "livable wage," the company touts "a major manufacturing base and strong customer relationships" in China in Securities and Exchange Commission documents and, according to available SEC filings, paid a 3 percent effective tax rate last year. By comparison, the current corporate tax rate is 21 percent.
The Justice Department has investigated and supervised several entities controlled by Gupta's father. If confirmed as associate attorney general, Vanita Gupta would oversee the divisions that have supervised her father's business interests in the past.
The Senate Judiciary Committee is scheduled to vote on Gupta's nomination on Thursday morning.
Typical DemoNazi who got rich off screwing the little guy while claiming to be for him.
Capitalism for me, bankruptcy for thee!
Elites dont care if they are hypocritical and double standard holders
They are for everyone else paying 15/hr
Thats why they dont have to
For ANY ISSUE
They can be total hypocrites on anything
As long as they push for laws makng everyone else do it (it being whatever the issue is at the moment)
The Canadian whore from the elite caste as EXH 1 they are creating it this
evil demonic caste here.
These evil Indians are the worst of the worst .
They hire on other evil Indians .
The Goop should be disbarred. She is a true embarrassment to the legal community.
I got my first job in 1973 at 13, sweeping floors in a department store. Minimum wage was $1.60 an hour. I still remember that first paycheck. What’s weird, the only other thing I remember about that period was sweeping past the record racks and seeing the Dark Side Of the Moon album cover. It entranced me. So much I bought that album with part of my first paycheck. I still listen to it regularly. Life’s weird like that.
Apu laughs.
Interesting she is not Mexican but more of those Dot Indians.
Another effing dot Indian
You know in Singapore and Dubai (and no doubt other places) the papers are full of reports of Indians not paying workers for 3 to 6 months at a time (higher caste Indians abusing lower caste Indians) and constantly abusing foreign domestic workers from Indonesia and the Philippines.
I’ve worked with a Chinese company for quite a few years and have seen the systematic removal of blacks and whites. They are replaced with Chinese nationals. So if Indians do this Chinese do it as well.
No effing Shiite.
I’m permanently and chronically unemployed and defacto banned from working in my industry due to Indian dominance and complete domination of anything IT related.,
Figures .
Invasion of the evil .
The Japanese do the same. When they buy any foreign outfit, all Gaijin higher-ups are quickly replaced by Japanese.
This demon wants to make it nation wide via the DOJ .
The Mike Lee invasion would end this country.
Hey, it is a free country. Nobody stops anyone from getting rich, so long as no laws are broken. Just use your God given brains.
Yep, let’s see them pay $15 per hour. How about requiring that of all foreign companies selling products to the US? Wouldn’t that be both fair and interesting.
Yes it’s true, you can’t be a prince if you don’t have serfs.
You cannot go to a Biden administration without a slight Indian accent.
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