Twenty of the 30 corporate PACs that gave the most money to the 147 congressional Republicans who tried to block the valid election results on January 6 are suspending some or all such contributions in the future. Those 20 companies gave a combined $26 million to the lawmakers, though corporate PACs are allowed to give a maximum of $5,000 per lawmaker per election.
The Washington Post points out that many of the nine companies in the top 30 that have not yet suspended contributions to the anti-democracy Republicans are government contractors, for whom currying favor is especially important. By contrast, a number of the companies that have taken action are consumer-facing companies that could be vulnerable to boycotts. The latter group of companies includes AT&T, Comcast, Honeywell, PricewaterhouseCoopers, General Electric, KPMG, and Verizon.
The real question, though, is what’s happening to contributions to the dark money groups that really help buy elections for the worst of the worst Republicans. Presumably those are still going strong, since those come from a handful of Republican billionaires who have already decided they want a government that’s bought and paid for.
Nonetheless, it’s a small financial hit and a much bigger public relations hit—a statement that voting against accepting the will of the people was truly an unacceptable act.