Business titans pull back from GOP after Capitol insurrection

The breakup between the business world and the Republican Party is rapidly accelerating in the wake of last week’s deadly pro-Trump riot at the Capitol, posing a serious financial threat to the party just as it’s being stripped of power in Washington.Ten major companies so far, including some of the biggest corporate givers in politics, have decided to withhold contributions to Republican lawmakers who objected to the certification of the Electoral College votes, and dozens more are stopping all of their political donations after the riot.Hallmark, MasterCard and American Express — all of whom doled out most of their political contributions to Republicans during the 2020 election cycle — announced Monday they were cutting off Republicans who challenged the election results. So too has Dow, the chemical company, and Blue Cross Blue Shield, the health insurance giant whose political action committee has favored Republicans in every election since 1996 It’s

Politico News - Congress
By Alex Isenstadt, Elena Schneider, Theodoric Meyer and Zachary Warmbrodt

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