WSJ News Exclusive | Capitol Riot Prompts Some Big Banks and Companies to Pause Political Funding

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JPMorgan is hating all PAC donations for six months, while Blue Cross and Marriott are pausing funding to Republicans who objected to Electoral College results

JPMorgan Chase & Co. said it is pausing all corporate political action committee donations to Republicans and Democrats for the next six months in the wake of last week’sThe largest U.S.

bank by assets is among other companies that announced this weekend they would make changes to donations via company PACs. Some, including the Blue Cross Blue Shield insurance group and Marriott International Inc., said they would pause donations to Republican lawmakers who objected to President-elect Joe Biden’s Electoral College win after supporters of President Trump

 

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I find it humorous that Democrats push to abolish the electoral college stating it is not democratic, then get mad at the people that objected to the electoral college votes. Should have jumped in with the objections, took it up a level, and argue for the popular vote result.

JP Morgan Chase is vile and we need more financial services regs to protect investors, not the big banks. See this thread: JPMorganChase JPMorgan Chase JamieDimon DimonJamieBrady

...but you will never convince Kevin McCarthy or Ted Cruz that Trump was wrong even though he put Pence's life in danger. ProjectLincoln GOPLeader SenTedCruz

I wish they hadn't punished the DEM leaning PAC's.

Excellent. Your move, ATT, Citibank, CharlesSchwab ProjectLincoln

Hit them where it hurts. Their wallets. 👏🏻👏🏻👏🏻

So these companies support election fraud?

Of course, it's *two years* to the next election.

seemacnbc It's only fitting for those politicians who are acting like and are trying to cury favor with members of the Confederacy. After Trump incites an insurrection against the us government, the Republicans are begging Biden to stop pelosi from Impeaching Trump for a second time.

Funding who what

find_evil Banks are intimately familiar with terror finance laws. The fact that alarms went off at 2 major banks’ legal departments means they smell the stench of sedition on the GOP. And they want to end their complicity ASAP. Cause people goin’ to jail.

Pausing? Lol

Id be happier if the headline read: we are doing away with Super PACs thereby doing away with special interest groups funded by the filthy rich who in turn buy and own our politicians. Also..we just ended an election cycle...no harm done just looks good. Ugh

Just because of viking man and a few others?

Note to jpmorgan: I'm a Private Client with seven-figure $$ managed by JP Morgan Chase. If, after your 6 month time-out, you start donating to PACs supporting any Senator/Rep in the sedition caucus or anyone who still stands behind Trump, that money is leaving your institution.

The digital iron curtain is here to stay for the Big Brother. Together, elite communism will rule the world soon due to the collusion between the Deep States around the world and China CCP!

Better late then never? Sick that they contributed money to this fool in the first place.

Corporations are controlling the law makers 👻

Let trump fund them

Amen

I applaud them standing up for our republic. Now it’s up to Americans to vote out the traitors.

Great move. All Republicans who objected should be defunded and scorned. They are a disgrace.

Let’s end all campaign donation, shall we?

Where were they with the BLM criminal riots and looting.. Criminals!

Thank you!

So Marriott stock going down tomorrow. Marriott CEO is an idiot. 75M voters in the US, how many stay at Marriott hotels? Not a time to ostracize those voters when his industry is going down.

💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵💵 for terrorists.

Oh my Goodness!!!😢😢 WE ARE ALL IN SOOOO MUCH NEED OUT HERE IN THE REAL WORLD....Send all that out to all Families that are out of work...sick with Covid...or Don't have a roof over their Heads. ✅

Note to self never stay at a Marriott but clog their drains.

You don't 'pause' support for coup conspirators bent on destroying your democracy, Marriott and BCBSAssociation. You end it. Period.

Just “pausing”?

Great, glad to see big business has a social concise. The debate has been it big businesses owes it to their customers and stock holders to behave in a proper fashion. There is so much more to capitalism than just making money.

This is good news, as far as it goes. But remember that publicly acknowledged campaign contributions are just the tip of the iceberg. Thanks to Citizens United, most of the corporate & 1%er money moves in the dark.

I really don’t know what to say to this. Are they suddenly moral after 4 years of insanity ? Or is this a good for business move ?

Good

Cowards. Take a stand for democracy and single out the insurrectionists, jpmorgan.

So they do that every electoral count?

Shame on you big corporations that helped and still helping these people that don’t care about Americans and our democracy

Well. That’s a sell on the open $jpm, $mar.

WSJ, TO PUT IN PROSPECTIVE- If any other Army and their leader had attacked our Capital other than Donald Trump and his MAGA Army, we would have called drone strikes on them BY NOW!

Sadly as Donald continues to refuse to acknowledge he lost the election he continues to fuel MAGA to do the same on January 20th as he and his MAGA Gang did on January 6th. He has to GO NOW! What ever Donald & MAGA is up to has Don so scared he won’t even attend the inauguration!

It is about time emo_jamie_dimon it took you long enough! You were talking about the same thing publicly in 2017 & did nothing. It had to come to this? Better late than never SeditionHasConsequences

All this STUPID violence DONALD continues to incite MUST END! “Donald it’s NOT a Hotel Property!” HE DOESN’T UNDERSTAND that the federal government is NOT A BUSINESS! The Fed Gov serves a higher purpose for the preservation of life, liberty and the pursuit of happiness!

Trump Republicans: 'We have drained the swamp, and the swamp was us'* See: Pogo.

Stop citizens United. No more private and corporate money in politics

WSJ Murdoch rag?

Too fucking late.

There’s no elections for 6 months?

A real statement would be we refuse to work with China but that would cost the!!!

Was the typo 'pausing?' Because that should say 'ending forever,' unless those companies are run by complete idiots.

BCBS judging ethics? 😆😆😆 I'd refuse their dirty money.

I hope I never see another company donate to Jim_Jordan EliseStefanik tedcruz ever again!

I can’t wait for this to fire back.

Well that’s interesting, seems the payoffs ate off the table 😉

Finally, its a good thing. Its about time the elected officials are more influenced by people rather than corporations and their selfish agenda.

Fuck WSJ.

Does anybody want to know the extent of the Election problems and what to do about it? Not if it doesn’t serve ones interest I suppose. No one cares about the Republic and the people.

BCBS is independent on each state and most do not support political candidates.

I think you mean 'halting', WSJ

The digital iron curtain is here to stay for the Big Brother. Together, elite communism will rule the world soon due to the collusion between the Deep States around the world and China CCP!

Hating or halting?

Who’s posting this stuff, an intern? So many typos.

It should be indefinitely.

Seriously, do you not have spell check?!

Don’t donate to democracy stealers

“Hating”? Edit much?

The whole problem 👆

Boycott all businesses that provide funding/donations to any of the members of congress that voted to reject the electoral votes, especially for Hawley and Cruz who were top instigators/supporters of the attempted coup!

Good, now can they also pull PAC money from all other politicians as well? Let’s keep this going.

Dangerous game. At some point, probably after it’s too late, these fools will realize they need to be on the people’s side, not the political elites’ side.

I think you meant to say halting

Proving once again that everything is for sale. Legislators being penalized for participating in debate, an essential part of democracy. Or was, anyway. Objections were rooted in the fact that PA defied the Constitution by changing voting rules outside the legislative process.

Hating?

Adding to my list of things and places to boycott!

'Pausing'? Such bullshit.

PAUSING?! If they restart, they better be prepared for consequences.

I thought this was a Kraftwerk reunion.

Well thought out decision and supremely patriotic. Now is not time for campaigning, now is the time to shore up the nation. Well done jpmorgan wish the big media follows the lead

Wow I didn’t realize they hated PACs so much.

Hating or halting? WSJ!

I see no reason for labor unions---or corporations---to participate in politics. Both were created for economic purposes and their activities should be restricted accordingly. -- Sen. Barry Goldwater, 'The Conscience of a Conservative'

I ll just do it myself

Halting?

Perros miserables pues 75 millones vamos a donar $100 cada uno

It’s about time

I assure you most Americans have been hating all PAC donations for a while.

The election was corrupt!

So these unprincipled sl*ts have had their pay checks cut off? Ooh whose d-*k will Ted Cruz have to s**k now to finance his next defense?

Mmmmm...so we did live in a Corporatocracy afterall...but it was a leftist Corporatocracy...ironic

do you... mean halting?

Cancel culture is alive and well. libtarded BigTechCensorship

Awesome. A good start. Not enough, but good for a minute.

I HAVE MUGS FOR SALE! MAGA MUGS. $15

LOL... join the crowd jpmorgan ! Many of us have been “hating” all PAC donations for much longer than a measly 6 months.

I think you meant *halting instead of hating.

Wow pausing donations (influence) to BOTH parties?! Turly confirming that the power in this country has nothing to do with the vote, the electorate or the USA. Consentration of wealth and power, exploited by America's 'exceptionalism', at its best!

Halting?

Don’t you guys use spell check? Maybe have a proof reader check your headlines before posting. Although the use of the word “hating” is fine by me.

This might get their attention. Money = power and influence.

JPMorgan is 'hating' all PAC donations for six months? That will show them...

This is bullshit. They shouldn't be donating ever again!

You spelled halting wrong...

Where was the outrage as cities were burning down and police were being killed? All while Biden and Harris supporting bailing out the “peaceful protesters”.

After 6 months will JP Morgan stop hating all PAC donations? jpmorgan

CEO: How are we saving money in 2021? EVP: Stop donating the republicans. CEO: How much is that? EVP: Few Hundred million+? And I will work with PR. CEO: Do it - great work! EVP: That means I get full bonus for the year! CEO: Yes, and you helped PR! EVP: See you in 2022!

halting*

Hello Bitcoin

I hate them too. Donate to schools or libraries instead.

Halting? Go to hell

The hypocrisy runs deep...

hating?

It’s their constitutional right to object. Democrats did it in 2005 & 2017.

I think they meant 'halting'.... ;-)

it's the economy, stupids?

Halting not hating

Hating? You mean halting? WSJ .. even twitter knows how much you spread hatred..in your editorials

BankofAmerica when are you going to stop funding the traitors and terrors

Hating? Lol

Amazing how we can’t speak openly without repercussion. 🤦🏻‍♂️

Overturning Citizens United would be an excellent start to returning the American election process to the citizens.

Chase is a COPOUT.

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