Corporations gave $10M to election objectors after pledging to cut them off

Malaysia News News

Corporations gave $10M to election objectors after pledging to cut them off
Malaysia Latest News,Malaysia Headlines
  • 📰 politico
  • ⏱ Reading Time:
  • 76 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 59%

After Jan. 6, numerous corporations said their PACs would stop or pause contributions to those who objected to the election results. It didn't last long.

Political action committees affiliated with more than 70 major corporations said they would pause or reconsider donations to those who objected to certifying the results of the 2020 election after the attack on the U.S. Capitol two years ago.

But over the next two years, amid a contentious midterm battle, less than half of those companies kept those promises for a full election cycle, the analysis of campaign donations found. Many of the largest companies either did not respond to a request for comment or declined to provide one. Those that did often stressed the bipartisan nature of their corporate PAC giving.

POLITICO identified more than 100 companies and business groups that pledged to suspend or review donations or take the events of Jan. 6 into account when making future political contributions, based on lists compiled by Accountable.US Cigna, the health insurance company, told employees days after the Jan. 6 attack that it would “discontinue support of any elected official who encouraged or supported violence, or otherwise hindered the peaceful transition of power,” according to an internal email. It was among the first of the companies making such a promise to resume contributions, POLITICO’s analysis found, giving $11,500 in March 2021 to five Republican members who had voted against certifying Joe Biden’s election.

Pfizer spokesperson Sharon Castillo said the company had honored its commitment to pause political giving to members who voted against certification for six months. Since then, she said, “Pfizer’s decision to contribute to elected officials is made based on their support of public policies that aim to protect innovation incentives and expand patients’ access to medicines and vaccines.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

politico /  🏆 381. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tommy Castro talks ‘blues opera’ album ahead of Southern California showsTommy Castro talks ‘blues opera’ album ahead of Southern California showsCastro and his band, The Painkillers, will perform at Pappy & Harriet’s in Pioneertown Jan. 13; The Canyon in Montclair Jan. 15 and The Canyon in Agoura Hills Jan. 19.
Read more »

Letters to the Editor: Jan. 4Letters to the Editor: Jan. 4Letters to the Editor for Jan. 4
Read more »

Nielsen One Ads Sets Jan. 11 Launch, Cross-Platform Product Will Measure Viewership By the SecondNielsen One Ads Sets Jan. 11 Launch, Cross-Platform Product Will Measure Viewership By the SecondThe cross-platform measurement product has been hotly anticipated by marketers.
Read more »

Celebrity birthdays: Jan. 4Celebrity birthdays: Jan. 4Here are some of the notable people celebrating birthdays today, including Damon Gupton, Dave Foley, Doris Kearns Goodwin, Julia Ormond, Kris Bryant, Michael Stipe and more.
Read more »

Things to do Jan. 6-12: Last chance to catch a seasonal light showThings to do Jan. 6-12: Last chance to catch a seasonal light showIf you didn't get to experience a light show before the holidays, this week is your last chance to marvel at thousands of twinkling lights.
Read more »



Render Time: 2025-02-26 01:19:37