Amazon, Microsoft, Facebook and others pause political contributions after U.S. Capitol riot

Tech

Facebook Chairman and CEO Mark Zuckerberg testifies at a House Financial Services Committee hearing in Washington, October 23, 2019.

Erin Scott | Reuters

Facebook on Monday announced that it will pause its contributions to political action committees in the wake of the invasion of the U.S. Capitol on Wednesday by insurgents incited by President Donald Trump.

“Following last week’s awful violence in D.C., we are pausing all of our PAC contributions for at least the current quarter, while we review our policies,” a spokesman for the company said in a statement.

Axios first reported Facebook’s plans to halt political donations.

Facebook is the latest company to take a stance like this. It joins a list that includes Microsoft, JPMorgan Chase, Goldman Sachs and Citigroup.

Although Facebook has donated to both Republican and Democratic candidates in recent years, the company does not appear to have contributed to any members of Congress who opposed the Electoral College certification of President-elect Joe Biden.

Articles You May Like

WHO Says Pfizer-BioNTech Covid-19 Vaccine Is Safe For The Elderly After Norway Questioned Its Role In Numerous Deaths
Parker Solar Probe Countdown to T-Zero in 4K: Flying Faster, Hotter and Closer Than Ever to the Sun
Microsoft reports 17% revenue growth as cloud business accelerates
Axiom announces crew for first private ISS mission
SteelZero commitments represent a new era in heavy manufacturing production

Leave a Reply

Your email address will not be published. Required fields are marked *