@BCBSAssociation@MarriottIntl@CommerceBank 3. @CommerceBank's PAC favors Republicans over Democrats by a 6 to 1 margin. The bank now says it has "suspended all support for officials who have impeded the peaceful transfer of power"
@MarriottIntl released a similar statement to Popular Information.
6. Four other companies said the events of last Wednesday -- and the Republicans who enabled it with their votes -- would factor into their future decisions about political giving.
7. These four companies seem to be hinting that they won't support the 147 members of Congress who objected to the Electoral College vote but are clearly keeping their options open
@3M@HoganLovells@NewYorkLife 10. 128 companies did not respond to our request for comment. This group includes many of the LARGEST contributors to the Senators objecting to the Electoral College vote:
1. Republicans are convinced the PAC announcements are all a bad dream and soon they will wake up and the money will return.
2. "The sheer extent of the Republican opposition will make it difficult for businesses to simply cut off those who voted against certifying Biden’s victory, said a senior Republican business strategist, speaking on condition of anonymity."
BREAKING: In an internal memo to staff obtained by popular.info, @AmericanExpress CEO Steve Squeri says the company will no longer support the Republican members of Congress who objected to the Electoral College
"Last week's attempts by some congressional members to subvert the presidential election results and disrupt the peaceful transition of power do not align with our American Express Blue Box values; therefore AXP PAC will not support them," Squeri writes.
Notably, this announcement does not appear to be time limited.
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1. There has been A LOT of news about major corporations suspending their political contributions to members of Congress that objected to the presidential vote.
I'm going to summarize where we are at in this thread.
UPDATE: Dow (@DowNewsroom), the massive chemical company, tells me it will not donate to any member of Congress that objected to the certification of the presidential vote
This is not a pause. The company won't donate to these Republicans ever again.
I am equally impressed with Facebook and Twitter's decision to ban Trump now as Betsy DeVos and Elaine Chao's decision to resign now.
Both acts seems to mostly reflect Trump's waning power and are unconnected to any larger effort to address how they have facilitated the spread of extremism, conspiracy theories, and violence
With respect to Facebook and Twitter, banning Trump now, with hours left in his presidency seems like an easy way to avoid tougher conversations about how their algorithms are used to spread misinformation, extremism, and violence.