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Most, but not all, corporations kept their post-January 6 PAC pledges

Most, but not all, corporations kept their post-January 6 PAC pledges

CBSN
Wednesday, January 05, 2022 04:56:40 PM UTC

After the January 6 assault on the U.S. Capitol, dozens of major corporations publicly pledged to pause their financial contributions to 147 Republican lawmakers who had voted to overturn the 2020 presidential election. A year later, most — but not all — of those companies have kept their word, according to an analysis of Federal Election Commission filings.

Since the riot, corporate political action committee dollars flowing to Republican objectors fell by nearly two-thirds, progressive newsletter Popular Information found. Big-name companies like Allstate, American Express, Nike and Walgreens are among the 79 major corporations that have adhered to their commitment not to donate directly to Republican objectors or to political committees that support them, the newsletter reported. 

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

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