Tech Giants Join Corporate Reckoning Over Political Spending


Is looking at money in politics in a new light. Ah growing list of companies is pausing some political spending after last week's violent attack on the U. S. Capitol. Among them are tech giants Facebook, Microsoft and Google and big banks, Goldman Sachs and JP Morgan. Full disclosure. Those five companies are among NPR's recent sponsors. NPR's Alina Cellucci reports. One after another. Corporations piled on one trade group called for the removal of President Trump and not just hanging group, the National Association of Manufacturers, a longtime supporter of Trump. Many of the tech and banking giants halted all their political giving, at least for a few months. Marriott, Comcast, Airbnb and others stopped donations to specific Republican lawmakers. Those who fought the certification of the election at this moment right that this crisis moment they sensitive, really important signal. MEREDITH McGee. He's the executive director of issue one and nonprofit that works to reduce the influence of money in politics. You just can't really over emphasize the role that donor Play in the current political calculation, and it's unusual to see so many companies on their own without a campaign to pressure them publicly address how they contribute to the current political state. But there are caveats. This is often the moment when many companies reevaluate their political spending right after an election. Plus, there are many ways companies make political donations. All the corporate statements now are about their official political action committees, but there are also super PACs. And tax exempt groups that don't have to disclose donors and a lot of corporate spending flows from individuals like executives. The biggest question is money in politics groups ask. Will this flurry of corporate reckoning be an epiphany or a fat Alina Cell yuk NPR news?

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