Charles Schwab to stop political donations By Reuters

© Reuters. FILE PHOTO: Charles Schwab’s sign displayed in New York‘s Manhattan borough

(Reuters) – Financial services firm Charles Schwab (NYSE 🙂 Corp said Wednesday it will suspend its political action committee (PAC) and will no longer accept employee contributions or make financial contributions to lawmakers. The company, which cited a divided political climate for its decision, said it plans to donate all remaining funds in the PAC. (https: // A host of companies have said they would cut campaign contributions to those who voted to challenge the victory of US President-elect Joe Biden.

Disclaimer: Fusion Media wishes to remind you that the data contained on this website is not necessarily accurate or in real time. All CFDs (stocks, indices, futures) and Forex prices are not provided by exchanges but by market makers, so the prices may not be accurate and may differ from the actual market price, which means that prices are indicative and not appropriate for commercial purposes. Therefore, Fusion Media assumes no responsibility for any business losses you may incur as a result of the use of this data. Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on information, including data, quotes, charts, and buy / sell signals contained on this website. Be fully informed about the risks and costs associated with trading the financial markets, it is one of the riskiest forms of investment possible.