Please disable your adblock and script blockers to view this page

Corporate America faces reckoning on cost of silence, pauses political donations


NBC
NBC News Corporate America
MullenLowe U.S.
Interpublic Group of Companies
Chemical
Marriott International
American Express
Blue Cross
Airbnb
Mastercard
Commerce Bank
Congress
Dow
Political Action Committee
the election."Commerce Bank
HALLPAC
the Tuck School of Business
Dartmouth College
everything.”Argenti
Ford Motor Co.
Boston Scientific
JPMorgan Chase
Goldman Sachs
Citigroup
Microsoft
Facebook
Google
Delta Air Lines
Wells Fargo
Walmart and Bank of America
Comcast
NBCUniversal
Trump
MSNBC
the Yale School of Management
the Yale Chief Executive Leadership Institute
in."In
Impromptu Strategies
NBC UNIVERSAL


SectionsTVFeaturedMore
Lee Newman
Donald Trump
Joe Biden's
power."Hallmark
Josh Hawley
Roger Marshall
Sens. Hawley
Paul Argenti
votes.""The
Sean Patrick Maloney
Jeffrey Sonnenfeld
John Weber
Weber said."I
Martha C. White
Stephanie Ruhle
Charlie Herman


Democratic
Democrats
Republican
LGBTQ


Capitol Hill


Capitol


America
U.S.
D-N.Y.
Washington

No matching tags

Positivity     32.00%   
   Negativity   68.00%
The New York Times
SOURCE: https://www.nbcnews.com/business/business-news/corporate-america-faces-reckoning-cost-silence-pauses-political-donations-n1253813
Write a review: NBC News
Summary

SectionsTVFeaturedMore from NBC Follow NBC News Corporate America knows money talks — and after last week's Capitol Hill riot, business leaders are pledging to pay more attention to what it says.Companies traditionally have sought to position themselves above the fray when it comes to divisive political and cultural conversations, but a widening chasm of polarization and an escalation of attacks not only on opposing political viewpoints but also on the functions of democracy itself have raised alarms in corner offices."Conventional wisdom historically has been for brands and companies to stay out of politics, at least as it relates to their public relations and marketing messaging, but over the past few years, we've really seen a shift," said Lee Newman, CEO of MullenLowe U.S., part of the public relations giant Interpublic Group of Companies. Others are somewhat operating out of fear to ensure that they're saying the right thing and that they're on the right side of history here."Dow Chemical, Marriott International, American Express, Blue Cross, Airbnb, Mastercard, Commerce Bank and other companies said they will not donate to lawmakers involved in the push to deny Biden the presidency."Dow is immediately suspending all corporate and employee political action committee (PAC) contributions to any member of Congress who voted to object to the certification of the presidential election," Dow said in a statement, adding that the company "is committed to the principles of democracy and the peaceful transfer of power."Marriott said in a statement it "will be pausing political giving from our Political Action Committee to those who voted against certification of the election."Commerce Bank said in its statement, "We have suspended all support for officials who have impeded the peaceful transfer of power."Hallmark, which contributes to politicians via a PAC called HALLPAC, went a step further, saying in a statement: "The recent actions of Senators Josh Hawley and Roger Marshall do not reflect our company's values.

As said here by Martha C. White, Stephanie Ruhle, Charlie Herman