![bnn | FT](https://ifp.nyu.edu/wp-content/uploads/2024/02/1-222-1024x573.jpg)
bnn | FT
The implications of a federal contract ban for McKinsey are far-reaching. Federal projects, known for their lucrative contracts, form a significant portion of revenue streams for consulting firms. Being sidelined from this arena could not only dent McKinsey’s financial health but also tarnish its reputation across the global consultancy landscape.