Companies pause political contributions
UNITED STATES – As big businesses often donate to political parties, they are now pausing those contributions after some Republican lawmakers tried to overturn Joseph R. Biden Jr.'s win in the presidential election after the pro-Trump mob stormed the Capitol last week.
AT&T is one of the biggest political campaign contributors in the United States, and released a statement on Monday, saying their political action committee had decided to suspend contributions to members of Congress who voted against the certification of Electoral College votes last week.
Hallmark has requested the return of campaign contributions made to Senators Josh Hawley of Missouri and Roger Marshall of Kansas.
"Hallmark believes the peaceful transition of power is part of the bedrock of our democratic system, and we abhor violence of any kind," said the company. "The recent actions of Senators Hawley and Marshall do not reflect our company's values."
Other companies such as Morgan Stanley, Marriott, Dow, Airbnb are among several pausing political contributions.
"These events will long be remembered and will factor into our future contribution decisions," said the Coca-Cola Company.
Blue Cross Blue Shield, Boston Scientific and Commerce Bancshares are also taking a similar, targeted approach to freezing donations. Some big banks are also following suit as well as Facebook and Microsoft for the remainder of the first quarter of 2021.
Other actions taking place include Stripe Inc. taking a stand on no longer processing payments for Pres. Trump's campaign website, following last week's riot at the Capitol. Stripe asks users to agree to not accept payments for "high risk" activities, including for any business or organization that "engages, encourages, promotes or celebrates unlawful violence or physical harm to persons or property," according to its website.