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You are here: Home / Republicans / Business Titans Pull Back from the Republicans

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Business Titans Pull Back from the Republicans

January 11, 2021 at 8:56 pm EST By Taegan Goddard 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.”

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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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