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The Dam Breaks! Dozens more Coorporations suspend support

PanamaSteve

Legend
May 28, 2005
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The dam breaks
Last week, Popular Information contacted 144 corporations and asked if they would continue to support the Republican members of Congress who objected to the certification of the Electoral College vote. We received a trickle of about 15 responses and published the results on Sunday morning. Among those responding, three were particularly notable — Marriott, BlueCross Blue Shield, and Commerce Bank said they would suspend PAC contributions to the 147 Republicans who voted to overturn the election results in one or more states.

On Sunday, Popular Information's report was picked up by The Wall Street Journal, The Washington Post, Bloomberg, The Financial Times, Reuters, and many other publications. That coverage prompted several more companies to announce changes. Citi said it would "not support candidates who do not respect the rule of law." JPMorgan suspended all its contributions for six months.

On Monday, the dam broke. Dozens of companies sent statements regarding their PAC contributions. Popular Information began hearing from companies we had never contacted. There was not only a flood of announcements, but many were far more aggressive in rejecting the Republican members of Congress who tried to subvert the democratic process.

Hallmark, in a statement to Popular Information, didn't just rule out future donations from its PAC but demanded refunds from two Senators who objected to the Electoral College vote — $3000 from Josh Hawley (R-MO) and $5000 from Roger Marshall (R-KS).

HALLPAC, Hallmark’s political action committee, supports elected leaders from a wide variety of viewpoints—including Democrats, Republicans and Independents.
Hallmark believes the peaceful transition of power is part of the bedrock of our democratic system, and we abhor violence of any kind. The recent actions of Senators Josh Hawley and Roger Marshall do not reflect our company’s values. As a result, HALLPAC requested Sens. Hawley and Marshall to return all HALLPAC campaign contributions.
Hallmark's demand is a particularly stinging rebuke because it is one of the largest employers in Kansas City, Missouri, Hawley's home state. Many of the 2700 employees that work at Hallmark's headquarters are also Marshall's constituents. Hallmark is not just cutting off their financial support. It is sending a strong message to the communities that Hawley and Marshall represent.

American Express CEO Stephen J. Squeri, in a memo to employees released to Popular Information, announced that the company's PAC would no longer support any member of Congress who objected to certifying the Electoral College vote.

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, the AXP PAC will not support them.
An American Express spokesperson confirmed to Popular Information that the decision was permanent. The company will not donate to these Republicans ever again.

Dow, the giant chemical company, told Popular Information on Monday that it was "immediately suspending all corporate and employee political action committee (PAC) contributions to any member of Congress who voted to object to the certification of the presidential election." Dow announced that the "suspension will remain in place" for a minimum of "one election cycle." The suspension "includes contributions to the candidate’s reelection committee and their affiliated PACs."

AT&T, the largest individual corporate donor to the Republican objectors, told Popular Information on Monday that it would "suspend contributions to members of Congress who voted to object to the certification of Electoral College votes last week." Last week, AT&T said only that it would "weigh candidates’ positions, votes cast and actions taken when making decisions about future PAC support."

Prominent corporations ending donations to more than half of the Republicans in Congress — permanently or indefinitely — is unprecedented in American politics. This is how the Washington Post covered the developments:
 
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