“Corporations gave $10M to election objectors after pledging to cut them off”

Politico:

Political action committees affiliated with more than 70 major corporations said they would pause or reconsider donations to those who objected to certifying the results of the 2020 election after the attack on the U.S. Capitol two years ago.

Then they gave more than $10 million to members of Congress who did just that, according to a POLITICO analysis of federal campaign finance filings.

In the aftermath of the Jan. 6, 2021 riots — fueled by former President Donald Trump’s false claims that the 2020 election was stolen — dozens of companies including Walmart, Comcast and Lockheed Martin said they would either suspend political donations entirely or specifically cut off Republicans who echoed Trump’s stolen election claims or voted against certifying the election results.

But over the next two years, amid a contentious midterm battle, less than half of those companies kept those promises for a full election cycle, the analysis of campaign donations found.

The contributions made by corporate political action committees to the 147 members of Congress who sought to challenge the election results represent only a small fraction of the more than $350 million that those members raised over the past two years.

But the totals still add up to significant support. Rep. Kevin McCarthy (R-Calif.), who raised more than $27 million during the 2022 election cycle and objected to the election results along with the majority of his party in the House, brought in $285,000 from the PACs of companies that had once pushed back against election denialism. He remains locked in a leadership battle, with the House yet to elect a speaker.

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