In a shock to Washington Inc., several corporations restrict or suspend political contributions after the siege of the Chapter.
Why does it matter: The pandering policy towards the crowd has become too dangerous for many American business leaders.
What happens:
- JPMorgan Chase interrupts all donations to both parties for six months. “The country is facing unprecedented economic and political crises in the field of health,” said Peter Scher, president of the Mid-Atlantic region and head of corporate responsibility. “There will be plenty of time for future campaigns.”
- Citi’s Head of Global Government Affairs Candi Wolff said in a letter to colleagues that the bank will discontinue all contributions in the first quarter and that after that, “[W]I will not support candidates who do not respect the rule of law. “
- Marriott International said the hotel giant would discontinue donations “to those who voted against the election certification.”
- Blue Shield Blue Cross Association he said he would suspend contributions to “parliamentarians who voted to undermine our democracy,” prompting the results of the Electoral College.
- Boston Scientific, the medical device manufacturer discontinues all federal gifts.
- Goldman Sachs freezes CAP donations. The company told The New York Times that it would “make a thorough assessment of how people acted during this period.”
- Dow, the chemical giant, told Bloomberg that it will not donate to lawmakers who voted to object to certification for an election cycle – two years for those in the House and six years for senators.
- Black stone He said he would discontinue all CAP donations and, in the meantime, “conduct a thorough analysis of events and assess how we will focus our political work in the future,” according to a company note obtained by Axios.
- Airbnb said his CAP would withhold donations from MPs “who voted against certifying the results of the presidential election”.