JPMorgan freezes donations to Republicans who contested election

The pause will last through the 2021-2022 election cycle, which includes November’s midterm elections.

JPMorgan Chase & Co will resume making political donations to United States lawmakers but will not give to Republican members of Congress who voted to overturn President Joe Biden’s election victory, according to an internal memo on Friday seen by Reuters news agency. The bank was among many corporations that paused political giving following the deadly January 6 Capitol riots when supporters of former president Donald Trump tried to stop Congress from certifying the election. Just hours later, 147 Republicans, the vast majority of them in the House of Representatives, voted to overturn the Electoral College results which Trump falsely claimed were tainted by fraud.