Amazon, Citigroup and Others Pause U.S. Political Donations Over Recent Capitol Incident
After the recent incident at the capitol now Amazon, Citigroup, and others, have moved to temporarily pause donations to some political representatives in the United States. Particularly they are looking to block the funds of those republicans who voted to recently oppose the certification of Biden's win.
"Given the unacceptable attempt to undermine a legitimate democratic process, the Amazon PAC [political action committee] has suspended contributions to any member of Congress who voted to override the results of the U.S. presidential election," - Amazon spokesperson J. Seth.
Several companies are now moving to put a pause on donations to political representatives as they await the upcoming transition of power to a new administration.
This includes AT&T, Facebook, Microsoft, Ford Motor, Verizon, American Express, and a list of others.
Other companies that have joined in with those pausing donations include Coca Cola, BP, Goldman Sachs, Hallmark, and others.
In the coming weeks if there are any more issues like that which recently took place, then we might see this list grow quickly to include many other corporations. And perhaps we will also see lawmakers search out alternatives at some point, if they are left with no choice, to secure new funding that they need.
Pics:
pixabay
They don't realize they are demonstrating to these elected officials why we need decentralized payments. If the officials weren't listening in the past, they are now.
I doubt they are listening. This is all about power and while the hate it right now, moving towards decentralized payments will undermine the USG's ability to control what people do.
Politicians do not want that because then it will take away their power.
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