Most, however not all, firms saved their post-January 6 PAC pledges

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After the January 6 assault on the U.S. Capitol, dozens of main firms publicly pledged to pause their monetary contributions to 147 Republican lawmakers who had voted to overturn the 2020 presidential election. A yr later, most — however not all — of these corporations have saved their phrase, based on an evaluation of Federal Election Commission filings.

Since the riot, company political motion committee {dollars} flowing to Republican objectors fell by almost two-thirds, progressive publication Popular Information discovered. Big-name corporations like Allstate, American Express, Nike and Walgreens are among the many 79 main firms which have adhered to their dedication to not donate on to Republican objectors or to political committees that assist them, the publication reported. 

“There has been a significant decrease in corporate support for Republican objectors,” Popular Information founder and creator Judd Legum advised CBS MoneyWatch. “On the other hand, you do have a number of companies that made fairly strong statements on January 6 that are backsliding.”

The backsliders, based on Popular Information’s evaluation of FEC filings, embody Cigna, eBay, Eli Lilly, Exelon and PriceWaterhouseCoopers. 

Violence “never” justified

Cigna, one of many nation’s largest well being insurers, initially decried the January 6 rebel and vowed to now not assist lawmakers who didn’t oppose the assault on folks and property. 

“There is never justification for violence or destruction like we saw at the U.S. Capitol. The CignaPAC will discontinue support of elected officials who encouraged or supported violence, or hindered the peaceful transition of power,” the corporate mentioned in an announcement on January 12, 2021, one it reiterated the next month.

Since then, nevertheless, Cigna has donated $30,000 to fifteen of the congressional Republicans who objected to certifying the election outcomes and $15,000 to each the National Republican Campaign Committee (NRCC) and the National Republican Senatorial Committee (NRSC), based on Popular Information. 

Capitol police officer displays on Jan. 6


Cigna didn’t reply to a request for remark from CBS MoneyWatch. The firm advised the New York Times in April that congressional votes are “by definition, part of the peaceful transition of power,” and that its pledge solely utilized to lawmakers “who incited violence or actively sought to obstruct the peaceful transition of power through words and other efforts.”

Online market eBay has donated $2,500 to at least one Republican objector after saying its “decision to suspend contributions to members of Congress that voted against the peaceful transfer of power” after January 6, Popular Information mentioned. EBay declined to remark. 

“Appalling events”

A yr in the past, Eli Lilly signaled it might not assist “anyone who promoted violence or sedition that contributed to the appalling events on January 6,” however has since donated $42,500 to 16 of the 147 Republican objectors. The drugmaker additionally gave $15,000 to the NRCC in July 2021 and $15,000 to the NRSC the next month, Popular Information discovered.

Why the obvious change of coronary heart? A spokesperson for the Indianapolis-based pharmaceutical firm defined in an e-mail to CBS MoneyWatch: “LillyPAC supports candidates across the political spectrum who understand the value of a vibrant pharmaceutical ecosystem to address unmet patient needs. Contributions from LillyPAC will continue to be in line with Lilly’s purpose to make life better.” 

Chicago-based utility Exelon has donated $15,000 to 6 of the Republican objectors since declaring final January it might droop contributions to lawmakers who voted to contest the election. 

A spokesperson for Exelon said in an e-mail this week: “We continue to believe we can more effectively advocate on behalf of our customers and communities by engaging with policymakers in areas where we find common ground. As part of that process, we continue to evaluate our giving, and in instances where we find that a candidate’s positions — when considered in total — are not aligned with our values or our business priorities, we won’t hesitate to withhold our support.”

Americans nonetheless divided over Capitol assault


Likewise, the administration consultancy PriceWaterhouseCoopers has donated $124,000 to 27 Republican objectors, Legum and his colleagues reported, since saying final yr it had suspended “all political contributions” to any member of Congress who voted to object to certifying the presidential electoral outcomes. A spokesperson for the agency declined to remark. 

7 vow to take care of donation freeze

Contributions to the lawmakers who contested the election final result drew fireplace from advocacy group Accountable US, which has issued its personal report detailing greater than $8.1 million in donations to the elected officers by firms and commerce teams. 

“Major corporations were quick to condemn the insurrection and tout their support for democracy — and almost as quickly, many ditched those purported values by cutting big checks to the very politicians that helped instigate the failed coup attempt,” Kyle Herrig, the watchdog group’s president, mentioned Monday in an announcement. 

“The increasing volume of corporate donations to lawmakers who tried to overthrow the will of the people makes clear that these companies were never committed to standing up for democracy in the first place,” Herrig mentioned

Popular Information reached out to 183 corporations, and simply seven explicitly pledged to withhold PAC funding to Republican objectors in 2022. That checklist consists of Airbnb, American Express, BASF, Dow, Eversource Energy, Lyft and Microsoft. 

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