Walmart Just Made This Bold Move After the DC Riots
Walmart is suspending political donations to members of Congress who contested the certification of President-elect Joe Biden, according to a spokesperson. The news comes as McDonald's and several other corporations pause political contributions in the wake of the deadly attack on the U.S. Capitol last week.
Company spokesperson Randy Hargove told the New York Times in a statement that Walmart reviews its political spending after each election, and this year it "is indefinitely suspending contributions to those members of Congress who voted against the lawful certification of state Electoral College votes." In total, 147 Republican senators and representatives voted to overturn the election results earlier this month. (Related: 8 Grocery Items That May Soon Be in Short Supply.)
Walmart donated more than $4.5 million to politicians in 2020, including $2.35 million to Democrats and $2.2 million to Republicans. That's a $2 million increase over the 2018 election year, according to Open Secrets. Of that amount, more than $1 million was donated by the company's political action committee (PAC). The other $2.93 million was donated by "individuals," or employees, members, or owners of the organization, as well as their immediate family members.
Other companies pulling back on their political giving following the violence in Washington include AT&T, Marriott International, and Morgan Stanley. McDonald's CEO Chris Kempczinski condemned the riots by endorsing a statement from leaders of large corporations that denounced President Donald Trump and other politicians who "incited this insurrection."
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