Corporations seek to rebuild bridges with GOP objectors ahead of midterms
Source: The Hill
Major U.S. corporations are looking to quietly restore ties with Republicans who objected to certifying the 2020 election results following the Jan. 6 insurrection, believing that they cannot afford to burn bridges with the party that is favored to win back the House in the 2022 midterms.
Companies that froze PAC donations to the Republican objectors were met with outrage from GOP leaders, prompting many to reverse or soften their stance. In total, corporations and trade groups have already made more than $8 million in PAC donations to GOP objectors reelection campaigns since last years Capitol attack, according to a report released by liberal watchdog group Accountable.US this week.
Another tally from left-leaning watchdog Citizens for Responsibility and Ethics in Washington found that companies that initially pledged to pause their PAC donations to the 147 Republicans have since given $2.4 million to those lawmakers campaigns and leadership PACs. Industry giants such as Boeing, General Motors, Raytheon Technologies, Altria Group and UPS rank among the top corporate PAC donors to those Republicans. Most of those checks are going to House Minority Leader Kevin McCarthy (R-Calif.), who is eyeing the Speakers office, and House Republicans who would take control of key congressional committees if the GOP wins the lower chamber.
The CGCN Group and Jeff Miller, a lobbyist with close ties to former President Trump, will hold a high-dollar fundraiser for McCarthy and other influential House Republicans on Jan. 19. The event, which will feature election objectors in line to lead key committees such as Reps. Jim Jordan (R-Ohio), Sam Graves (R-Mo.) and Mike Rogers (R-Ala.), represents an open invitation to corporate donors to rejoin the fray.
Read more: https://thehill.com/business-a-lobbying/business-a-lobbying/588248-corporations-seek-to-rebuild-bridges-with-gop
Corporate America often allies itself with Republicans to fight Democratic proposals to regulate private industry and increase taxes on large companies. But Republicans, including McCarthy, have publicly warned that the party wont be as friendly to corporations that have cut off donations or publicly criticized GOP-led bills to tighten voting restrictions.
Some of the nations largest companies, including Comcast, Walmart and Microsoft have stuck with their pledge to freeze donations to election objectors, while hundreds of smaller firms have mostly steered clear of the 147 Republicans.
OneCrazyDiamond
(2,032 posts)This time will be different.
thenelm1
(854 posts)The economy will end up in the ditch. They do it every bloody time.
OneCrazyDiamond
(2,032 posts)The economy (in their mind) is for the wealthy. All Others are just takers.
llashram
(6,265 posts)morality, decency and integrity. Corporate leaders for the most part are sociopaths like their leader-fuhrer trump.
Bayard
(22,075 posts)Continue to publicly link rethuglicans with big business, and their wants.
AZLD4Candidate
(5,692 posts)DanieRains
(4,619 posts)It's not like Democrats will give them all tax free status.
pecosbob
(7,541 posts)I don't freaking think so. I want them banned from holding public office.
LiberalLovinLug
(14,174 posts)Obviously it can't come from the Democratic party officially.
We need some big influencers to create some viral pieces to expose and embarrass and shame them.
maxrandb
(15,330 posts)Gee, if only there was something we could do about it, like calling for a national boycott of their products and services.
I think I remember something about a group of people boycotting buslines in the south that had a major impact.
elleng
(130,936 posts)*I think our last best hope is the leadership of the U.S. business community, specifically the Business Roundtable, led by General Motors C.E.O. Mary Barra, and the Business Council, led by Microsoft C.E.O. Satya Nadella. Together those two groups represent the roughly 200 most powerful companies in America, with 20 million employees. Although formally nonpartisan, they lean center-right but the old center-right, the one that believed in the rule of law, free markets, majority rule, science and the sanctity of our elections and constitutional processes.
Collectively, they are the only responsible force left with real leverage on Trump and the Republican lawmakers doing his bidding. They need to persuade their members now not to donate a penny more to any local, state or national candidate who has voted to dismantle the police or dismantle the Constitution.'
https://www.nytimes.com/2022/01/04/opinion/trump-jan-6-democracy.html
How to Stop Trump and Prevent Another Jan. 6
by THOMAS L. FRIEDMAN