- Google says it'll halt political donations to lawmakers who opposed certifying Joe Biden's win.
- It joins Walmart, Amazon, Morgan Stanley, Dow, and AT&T in penalizing specific Republicans.
- Separately, JPMorgan, Microsoft, and Facebook said they'd pause all political donations.
$4 this week became the latest US corporate giant to pull political donations to Republican members of Congress who voted against certifying President Joe Biden's electoral victory.
It won't make any contributions to them this cycle, a Google representative told $4. It had previously announced plans to $4 to both Republicans and Democrats for the quarter.
Its political action committee has $4, one of the most prominent lawmakers who $4.
This followed similar announcements from Marriott International, Amazon, Walmart, Morgan Stanley, Dow, Airbnb, and AT&T. Some
Popular Information $4 of companies halting donations.
Congress met January 6 to certify the results of the 2020 US presidential election. Fueled by months of conspiracy theories and baseless allegations of election fraud pushed by President Donald Trump and his backers, $4 and delayed the process for a couple of hours. Five people died during the siege.
Congress ultimately voted to $4, but eight Republican senators and 139 representatives rejected some of the results. Among them were Cruz, Sen. Josh Hawley of Missouri, and Sen. Tommy Tuberville of Alabama. Several other GOP lawmakers had suggested they'd object but reversed course after the riot.
Read more: $4
In response, companies including Amazon, Marriott, Morgan Stanley, the Blue Cross Blue Shield Association, Dow, AT&T, Boston Scientific, Disney, and Commerce Bank said they would stop political donations to the Republicans who backed Trump's election challenge.
"Just coming out with another public letter isn't going to do much," Thomas Glocer, a former CEO of Thomson Reuters, said last Tuesday after $4.
"Money is the key way," he added.
These views were echoed by Donald Hambrick, a professor of management at Penn State's business school who told Insider that $4.
"These corporations could have a substantial effect on senators' votes," he said.
Retail, tech , and financial giants are pulling PACs
Employees are able to donate to political parties through political action committees, which pool donations from members.
Marriott, the world's largest hotel chain, was one of the first large companies to pull funding after the siege.
"We have taken the destructive events at the Capitol to undermine a legitimate and fair election into consideration and will be pausing political giving from our Political Action Committee to those who voted against certification of the election," a spokeswoman told Insider.
Some financial giants have also made the move. A Morgan Stanley representative told $4 the firm would also halt donations to the GOP lawmakers who voted against certifying Biden's win, and Commerce Bank is similarly halting PAC contributions to officials who it said had "impeded the peaceful transfer of power."
The chemical giant Dow told Insider it would suspend funding to those Republicans for one election cycle, including contributions to the candidates' reelection committee and their affiliated PACs. The company added that it was "committed to the principles of democracy and the peaceful transfer of power" and said its values guided its political contributions.
Read more: $4
The Blue Cross Blue Shield Association, which provides healthcare coverage to about 100 million Americans, said it would suspend contributions "to those lawmakers who voted to undermine our democracy."
$4, Boston Scientific, Disney, Walmart, Amazon, $4, $4, and Comcast are similarly halting payments to those Republicans.
"At this crucial time, our focus needs to be on working together for the good of the entire nation," Comcast told Insider.
And financial giants including $4 alongside the tech firms $4 have said they will temporarily pause all political donations to both Republicans and Democrats.
Berkshire Hathaway Energy, Ford, and Bank of America told $4 they would review donations on an individual basis.
How corporate America responded to the siege
"Cutting funding hits these politicians where it hurts," Penn State's Hambrick $4, describing it as the most "profound" action companies could take against lawmakers.
But pulling PACs $4.
The e-scooter startup Lime has $4, Trump's son-in-law, and has scratched Trump's properties from its list of approved corporate-travel
Some of Trump's staunchest supporters also distanced themselves after the riot. Blackstone's chairman, CEO, and cofounder, Stephen Schwarzman - a longtime Trump ally who previously $4 during a call with top American CEOs - said he was "$4."