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Business Titans Pull Back from the Republicans

January 11, 2021 · 8:56 pm ET · Leave a Comment

“The breakup between the business world and the Republican Party is rapidly accelerating in the wake of last week’s deadly pro-Trump riot at the Capitol, posing a serious financial threat to the party just as it’s being stripped of power in Washington,” Politico reports.

“Ten major companies so far, including some of the biggest corporate givers in politics, have decided to withhold contributions to Republican lawmakers who objected to the certification of the Electoral College votes, and dozens more are stopping all of their political donations after the riot.”

New York Times: “The moves are notable because corporations and their employees are active players in the political process, making campaign contributions through PACs and helping politicians raise funds in myriad ways.”

Republicans

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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