by: Associated Press and WISH Staff Reports
Posted:
Jan 11, 2021 / 08:04 PM EST
(WISH/AP) The political action committee for Indianapolis pharmaceutical maker Eli Lilly has joined others in Corporate America in suspending political donations to some politicians in the wake of Wednesday’s insurrection of the U.S. Capitol.
LillyPAC requires politicians who receive its donations to show “respect for people and respect for our democratic process and institutions,” which includes anyone who promoted violence or sedition at the Capitol during the congressional confirmation of the Electoral College vote, said an Eli LIlly spokesman, Brad Jacklin.
Jacklin said in a statement, “As such, LillyPAC will suspend political giving to those who voted against certification of the 2020 election results.”
Corporate America is quickly distancing itself from President Donald Trump and his Republican allies, with many of the biggest names in business Goldman Sachs, Coca-Cola, Ford and Comcast suspending political donations after a Trump-inspired mob ransacked the U.S. Capitol in a deadly and violent spree last Wednesday.
Big-name businesses including Goldman Sachs, Coca-Cola, Ford, Comcast suspend donations in wake of Washington violence, though the move is not seen as a serious blow
Jan 12, 2021
WASHINGTON (AP) Corporate America is quickly distancing itself from President Donald Trump and his Republican allies, with many of the biggest names in business Goldman Sachs, Coca-Cola, Ford and Comcast suspending political donations after a Trump-inspired mob ransacked the U.S. Capitol in a deadly and violent spree last Wednesday.
For now, the move is about affirming the rule of law and the clear results of an election that will elevate Democrat Joe Biden to the presidency. But it also signals that companies are growing skittish about lawmakers who backed Trump’s false claims of election fraud, possibly depriving Republicans of public backing from business groups who until recently were the heart of the GOP’s political brand.
Some corporations are hitting pause on their political contributions to Republicans who backed false claims of election fraud. But critics say the move is merely symbolic.