U.S. Senators Tammy Baldwin and Elizabeth Warren Issue Statement on Exxon-Mobil Payout Deal for Trump’s Secretary of State Nominee Rex Tillerson
This payment scheme would be illegal under Senator Baldwin’s reform.
WASHINGTON, D.C. – U.S. Senators Tammy Baldwin (D-WI) and Elizabeth Warren (D-MA) today spoke out after Exxon-Mobil announced that President-elect Donald Trump’s nominee for Secretary of State Rex Tillerson will receive a $180 million payout deal before entering public service.
This payment scheme would be illegal under Senator Baldwin’s reform to slow the revolving door and stop “golden parachute” payouts and bonuses.
“Too many Americans feel that Washington is broken and it isn’t working for them. Now that the Republican establishment owns Washington, it’s clear that corporate special interests will be calling the shots and writing the rules to make a rigged system work for them.
“President-elect Trump made a commitment to ‘drain the swamp’ in Washington by reducing the influence of special interests in government, but this egregious payout deal is nothing more than a golden parachute that flies in the face of his campaign promise. This also reinforces that the American people deserve to have all of the President-elect’s nominees disclose any compensation they will receive that is contingent upon entering public service. It is important to know how Rex Tillerson plans to recuse himself from matters relating to the oil industry.
“Government officials are supposed to work on behalf of the public interest and our common good. The American people can’t afford to have our Secretary of State in the pocket of powerful corporations and special interests.”
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
Mentioned in This Press Release
Recent Press Releases by U.S. Sen. Tammy Baldwin
Senator Baldwin Pushes Trump Administration to Ramp Up Avian Flu Response for Farmers and Consumers
Dec 17th, 2025 by U.S. Sen. Tammy BaldwinAs Wisconsin marks first case of avian flu in dairy cattle, Baldwin demands Trump Administration stop dragging feet on plan to address outbreak
Baldwin Slams Republican Price Hikes on Health Care As Open Enrollment Ends for ACA Marketplace Coverage
Dec 15th, 2025 by U.S. Sen. Tammy BaldwinRepublicans’ price hike for January 1st is locked in for 275,000 working and middle-class Wisconsinites
