More than 700 companies and industry groups have donated to legislators who voted against certifying the presidential election, according to a sweeping report published Monday by Citizens for Responsibility and Ethics in Washington.
Together those groups have given more than $18 million to the National Republican Senatorial Committee, the National Republican Congressional Committee and the campaigns of 143 of the 147 lawmakers who voted against certifying the election results following the January 6 riots at the U.S. Capitol. The largest corporate donors are Boeing ($346,500), Koch Industries ($308,000), American Crystal Sugar ($285,000), General Dynamics ($233,500) and Valero Energy ($207,500).
After January 6, dozens of major companies announced that they would halt or reconsider their political spending. Over half of the nearly 250 companies that said they would reevaluate their spending on politics have not made any new donations to the 147 lawmakers. Among them: Hewlett-Packard and Charles Schwab. Both companies decided to shut down their corporate PACs last year. (Charles Schwab, the billionaire chairman of the brokerage firm, continued to make personal donations supporting those lawmakers.)
Many firms quickly went back to their old ways, though. Companies that pledged to stop or pause political spending ended up donating $2.38 million over the course of 2021 to the campaigns and leadership PACs of lawmakers who refused to certify the election results, according to CREW’s analysis.
“The staggering amount of corporate money flowing to members of Congress who acted to undermine our democracy since the attack on the Capitol highlights the difference between companies saying the right thing and companies doing the right thing,” said CREW president Noah Bookbinder in a statement. “Their continued financial support funds efforts to undercut the validity of the 2020 election and sow doubts in our electoral process.”