January 26, 2021 at 07:28AM
Alphabet Inc’s Google said on Monday it will not make contributions from its political action committee this election cycle to any Congress member who voted against certifying the results of the presidential election. Earlier this month, following the violent storming of the U.S. Capitol, the tech giant had paused all political contributions to reassess its policies toward political contribution.
“Following that review, the NetPAC board has decided that it will not be making any contributions this cycle to any member of Congress who voted against certification of the election results,” a Google representative said in a statement. Hundreds of former President Donald Trump’s supporters stormed the halls of Congress on Jan. 6 in a bid to overturn his election defeat, battling police in the hallways and delaying the certification of President Joe Biden’s victory for hours.
Following the incident, Republicans in Congress faced blowback from several corporate firms who paused campaign donations and said they were reviewing their policies. Amazon.com Inc, AT&T Inc, Comcast Corp, Verizon Communications Inc are among the many big companies who have threatened to throttle fundraising resources for Republicans.
Google stops donations to U.S. Congress members who voted against election results, Reuters, Jan 26
From: The FxPro News Team https://fxpro.news/daily-forex-outlook/google-stops-donations-to-u-s-congress-members-who-voted-against-election-results-20210126/
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