6 months after Capitol riot, corporate pledges fall flat
Providence, R.I. — As shockwaves spread across the country from the Jan. 6 insurrection at the U.S. Capitol, corporate America took a stand against the lies that powered the mob. Or so it seemed.
Dozens of big companies, citing their commitment to democracy, pledged to avoid donating money to the 147 lawmakers who objected to Congress’ certification of Joe Biden’s victory on the false grounds that voting fraud stole the election from then-President Donald Trump.
Six months later, many of those companies have resumed funneling cash to political action committees that benefit the election efforts of lawmakers whether they objected to the election certification or not. When it comes to seeking political influence through corporate giving, business as usual is back, if it ever left.
Walmart, Pfizer, Intel, General Electric and AT&T are among companies that announced their pledges on behalf of democracy in the days after Trump supporters stormed the Capitol in a violent bid to disrupt the transfer of power.
The companies contend that donating directly to a candidate is not the same as giving to a PAC that supports them. Given America’s porous campaign finance laws, that’s a distinction without a difference to campaign finance experts.
The companies’ argument also glosses over the fact that, in large measure, they did their giving through PACs before their pledge, rather than to individuals, so in many cases nothing changed.
“Pledging not to give to a certain person doesn’t mean that much when there are so many other ways that corporate money reaches elected officials,” said Daniel Weiner, a former senior counsel at the Federal Election Commission who now works at the Brennan Center for Justice at New York University’s law school. “These pledges are largely symbolic.”
Walmart’s moral stand lasted three months. In January, the retail giant said it would suspend all donations to the 147 lawmakers who objected to the election results. But in April, the company gave $30,000 to the National Republican Congressional Committee, the party organization that supports House Republicans in elections.
Walmart gave an additional $30,000 to the House committee’s counterpart for Senate Republicans, the National Republican Senatorial Committee. That group is led by an objector to the election’s certification, Sen. Rick Scott of Florida, who stands to benefit from the contribution along with seven other GOP senators who also sought to overturn the will of voters. Messages left with both committees by The Associated Press were not returned.
In January, after the attack, General Electric said it would “halt donations to lawmakers who voted against certification” because “we believe it is important to ensure that our future contributions continue to reflect our company’s values and commitment to democracy.” But that’s not exactly what happened.
In April, General Electric gave $15,000 each to the House and Senate GOP election groups.
Likewise, Pfizer pledged to suspend contributions to Republican objectors for six months. But after only three months, it gave $20,000 to the GOP’s Senate group. Pfizer spokeswoman Sharon Castillo told the AP that the company drew a distinction between giving money to individual lawmakers and to groups created to help those same lawmakers. “We just don’t think it is an accurate connection,” she said.
AT&T also pledged not to give money to lawmakers who objected, but the company sent $5,000 in February to the House Conservatives Fund. Company spokeswoman Margaret Boles said AT&T received assurances the money would not flow to lawmakers who objected to election results, though the PAC is led by a lawmaker who did.
Some companies did follow through on their pledges. Hallmark, for instance, said it would not donate to objectors — and the record to date shows no PAC donations by that company this year as well as no direct giving to the 147 objectors.
Other companies said they would halt campaign contributions following Jan. 6 to reassess their campaign finance strategy. That list includes Charles Schwab, Citigroup, Archer Daniels Midland and Kraft Heinz.