These Companies Have Temporarily Suspended Political Contributions

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The Capitol Hill riots that took the lives of five people including a police officer last week, seem to have completely shaken corporate America.

Not only have some companies severed ties with U.S. President Donald Trump, they also have also started suspending donations to political parties.

Big companies like Facebook  (FB) - Get Report, Google  (GOOGL) - Get Report, Microsoft  (MSFT) - Get Report, Coca-Cola  (KO) - Get Report and others have put a halt to all political donations.

"In addition to the indefinite suspension of President Trump’s account that we announced on January 7, we’re keeping our pause in place on all ads in the U.S. about politics or elections," Facebook’s VP of integrity, Guy Rosen, said, in a statement. "This means that we aren’t allowing any ads from politicians, including President Trump."

On the other hand, there are some companies who have targeted the 147 lawmakers (Republican) who voted against the certification of the 2020 election results. 

Airbnb  (ABNB) - Get Report is one of them.

“Airbnb strongly condemns last week’s attack on the US Capitol and the efforts to undermine our democratic process," the company said, in a statement. We will continue to uphold our community policies by banning violent hate group members when we learn of such memberships, and the Airbnb PAC will update its framework and withhold support from those who voted against the certification of the presidential election results.”

Other companies like Amazon  (AMZN) - Get Report, Verizon  (VZ,) - Get Report Mastercard  (MA) - Get Report, Intel  (Intel) , Best Buy  (BBY) - Get Report also have halted their political contributions to those Republican lawmakers.

Watch the video above to know more.

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