Walmart suspends contributions to US lawmakers who opposed Biden’s certification By Reuters

© Reuters. FILE PHOTO: The Walmart logo is seen outside one of the stores in Chicago

By Jessica DiNapoli and David Shepardson NEW YORK / WASHINGTON (Reuters) – Walmart (NYSE 🙂 Inc, the world’s largest retailer, teamed up with other major companies to indefinitely suspend donations to US lawmakers who voted against certification election of President-elect Joe Biden. The Arkansas-based company said Tuesday that in light of last week’s attack on the United States Capitol, its “political action committee is indefinitely suspending contributions to those members of Congress who voted against the legal certification of the votes of the state electoral college. ” A spokesperson for the retailer said Sunday that it conducts a review of its political contributions after each election cycle and that the events of the past week would be included in the company’s process. The issue will remain under review for the next several months, the spokesperson added. Top-tier companies including AT&T Inc (NYSE :), Inc (NASDAQ 🙂 and Mastercard Inc (NYSE 🙂 have all announced similar moves in recent days. Other firms such as JPMorgan Chase & Co (NYSE :), Alphabet (NASDAQ 🙂 Inc’s Google and Union Pacific Corp (NYSE 🙂 are withholding contributions from all members of Congress, rather than targeting those who oppose certification of Biden. The announcements indicate that some corporate donors, who generally give money to Republicans and Democrats alike, are reevaluating their strategy after supporters of outgoing Republican President Donald Trump attacked the Capitol last week, with the goal of preventing Congress from certifying. Biden’s victory. Five people were killed, including a police officer. Before the assault on the headquarters of Congress, Trump urged his supporters to march to the Capitol to protest the results of the November 3 election, which he said were falsely “manipulated.” When lawmakers reconvened after the incident, 147 Republicans in the House and Senate voted to challenge the Democratic president-elect’s victory in Pennsylvania or Arizona, despite both states having already formally certified the results and election officials say that there were no significant problems with voting. It is unclear whether the companies’ decisions will have a lasting impact. The period of time immediately following an election is usually a lull for fundraising activity.

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