fter Donald Trump’s supporters stormed the U.S. Capitol last week, Bank of America sent a memo to employees who had donated to the company’s political action committee. The note made it clear there would be financial consequences for legislators who had voted against certifying the 2020 election results. “For upcoming elections,” the message said, “We will take into account the appalling events of January 6 before making any PAC decisions regarding those members.
Bank of America isn’t the only company caught in an awkward position—pledging financial consequences for Trump’s acolytes while continuing to pay the president rent. Many of Trump’s tenants are locked into longstanding lease agreements, which makes severing those ties more challenging than simply pledging to withhold future political donations.
It’s a similar story at Microsoft, which decided on Friday that it would freeze political giving through its PAC. “The PAC regularly pauses its donations in the first quarter of a new Congress, but it will take additional steps this year to consider these recent events and consult with employees,” a spokesperson said in a statement. The technology firm also did not answer whether it will be seeking to change its lease inside 555 California, where it pays an estimated $3.
DanAlexander21
DanAlexander21 DumpTrump TrumpCrimeFamilyForPrison
DanAlexander21 I think these companies won’t admit that they still will continue to rent
DanAlexander21 Hopefully they will all wise up
DanAlexander21 No company will break ties with trump
DanAlexander21 Do you understand the meaning of the contract?
DanAlexander21 And they should!
DanAlexander21 BITCOIN IS STARTING TO RUN BACK UP!! Who is ready for the next pump!! 💪 Let's go crypto cadets!! 👨🚀🚀 bitcoin
DanAlexander21 The point is that most, perhaps all, of these companies said they cut ties. And lots of us, myself Included, have asked for lists of companies that support him so we can take our business elsewhere. And only people who understand even the basic components of business read Forbes
DanAlexander21 Thanks for your honesty
DanAlexander21 Well yeah they can’t shut down shops and move in just a week
DanAlexander21 BankofAmerica how can you keep supporting an enemy of America? I will boycott you, thankfully I have plenty of other options!
DanAlexander21 BankofAmerica GoldmanSachs jpmorgan Microsoft MorganStanley You are complicit in supporting an insurrectionist who incited violence against the first branch of movement and our Capitol. Is that what you want as your legacy?
DanAlexander21 Lol who cares
DanAlexander21 Do you mean they should not be renting his property? We are witnessing unprecedented evil/ hatred
DanAlexander21 And no one pays attention to
DanAlexander21 Good locations!
DanAlexander21 That’s good.
DanAlexander21 Prosecute him too
DanAlexander21 His skin is so disturbing.
DanAlexander21 Lol
DanAlexander21 It was my granny al right
DanAlexander21 I first mentioned Trump impeachment for his involvement
DanAlexander21 Yes but will they lend him money?
DanAlexander21 Hypocrites
DanAlexander21 Abrazo
DanAlexander21 Why hate trump so much
DanAlexander21 What's your problems , Forbes
DanAlexander21
DanAlexander21 So?
DanAlexander21 Someone suggest that the president should be robbed?
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Source: Forbes - 🏆 394. / 53 Read more »
Source: Forbes - 🏆 394. / 53 Read more »
Source: Forbes - 🏆 394. / 53 Read more »