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FinanceCorporations, groups gave over $8 million to GOP election objectors after Jan....

Corporations, groups gave over $8 million to GOP election objectors after Jan. 6 riot: Study


Pro-Trump protesters storm into the U.S. Capitol throughout clashes with police, throughout a rally to contest the certification of the 2020 U.S. presidential election outcomes by the U.S. Congress, in Washington, U.S, January 6, 2021.

Shannon Stapelton | REUTERS

Since the lethal Jan. 6 riot on Capitol Hill, Republican lawmakers who objected to the outcomes of the 2020 presidential election acquired simply over $8 million in marketing campaign donations from companies and commerce groups, in accordance to a new study first shared with CNBC.

More than 140 Republicans in the House and Senate continued to object to the outcomes of the election wherein President Joe Biden defeated incumbent President Donald Trump, even after the pro-Trump assault on the Capitol. Trump, who was then the president, urged his supporters at a rally that day to march on Congress as lawmakers had been within the strategy of confirming Biden’s electoral victory.

Data compiled by watchdog group Accountable.US reveals a handful of companies that selected to pause contributions or push again on what came about on Jan. 6 later moved forward with financing the campaigns of GOP lawmakers who objected to the election outcomes. A research by the Public Affairs Council revealed final month says greater than  80% of company PACs did pause their contributions to federal candidates following Jan. 6. 

The new report by Accountable.US reveals that political motion committees of prime companies and commerce groups — together with the American Bankers Association, Boeing, Raytheon Technologies, Lockheed Martin and General Motors — continued to give to the Republican election objectors.

“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,” Accountable.US President Kyle Herrig stated in a press release. “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.”

Boeing, Raytheon, Lockheed Martin and General Motors are among the many companies that stated they might pause their marketing campaign contributions to all federal candidates after the assault on the Capitol however later opted to resume their donations, together with to lawmakers who objected to the outcomes of the 2020 election.

After the riot, the American Bankers Association stated that “we will meet with all of our stakeholders in the coming weeks to review our political activities from the last campaign cycle before making any decisions about future plans. The troubling events of the last week will certainly be a consideration in those discussions.” The ABA is accountable for lobbying on behalf of the U.S. banking business.

The American Bankers Association has since contributed over $200,000 to Republican objectors, together with to the campaigns of House Minority Leader Kevin McCarthy of California and House Minority Whip Steve Scalise of Louisiana.

CNBC Politics

Read extra of CNBC’s politics protection:

Boeing, Raytheon, Lockheed Martin and General Motors have contributed over $650,000 to a batch of GOP election objectors since Jan. 6 after declaring their pause in contributions.

Of the over $8 million that got here from commerce groups and companies to the election objectors, Accountable.US’ new analysis says about $1 million went to a few of these Republican lawmakers in November.

Accountable.US’ marketing campaign finance knowledge from November reveals that Marathon Petroleum, Valero Energy and United Parcel Service are among the many companies which have mixed to donate over $100,000 to a few of the Republicans who objected to 2020’s election outcomes.

Corporate donations from the month of December won’t be made public till later in January.

The commerce group and companies named on this story didn’t return CNBC’s requests for remark.


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