NEW YORK (

TheStreet

) -- Joe Scarborough has been suspended from MSNBC for making political donations to candidates in Florida without receiving prior approval from his company.

The

Morning Joe

host made eight $500 contributions to local candidates in Florida between 2004 and 2008.

Joe Scarborough

"I gave a number of $500 contributions to my brother and three longtime family friends," Scarborough said in a public statement following his suspension. "These contributions were nothing more than simple acts of friendship. I gained nothing personally, politically or professionally from these donations."

Scarborough violated NBC company policy by making these donations without prior consent.

"Since he did not seek or receive prior approval for these contributions, Joe understands that I will be suspending him for violating our policy," MSNBC President Phil Griffin said in a statement. "He will be immediately suspended for two days without pay."

Scarborough apologized to MSNBC for failing to honor the guidelines of his employment. He will return to the air on Wednesday, Nov. 24.

Two weeks ago, MSNBC prime-time news and political commentary show host

Keith Olbermann was also suspended for making political contributions

.

Olbermann gave the maximum individual donation of $2,400 to Reps. Paul Grijalva and Gabrielle Giffords of Arizona, as well as Kentucky Senate candidate Jack Conway.

--Written by Theresa McCabe in Boston.

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