Corporate PACS halt GOP donations - why it's not "financially meaningful"
A growing number of American companies are pledging to pause donations from their political action committees (PAC) to lawmakers who voted to overturn the Electoral College results showing President Joe Biden had won the presidential election. But halting these donations is a largely symbolic gesture because of campaign finance limits. "If they wanted to take a real financially meaningful stand, they would say, 'we're not going to give through the corporate PAC to office holders who try to subvert the democratic process and we are going to demand that any trade associations we give to follow those same rules, including for Super PAC donations,'" said Adav Novi, senior director at the Campaign Legal Center.
Read the full article here.