Corporations tweet support for Black Lives Matter. Their FEC filings tell a different story. – Popular Information

Quoting from Judd Legum’s Popular Info:

In the wake of the murders of George Floyd, Breonna Taylor, and Ahmaud Arbery, major corporations are rushing to embrace the Black Lives Matter movement. But several of the same corporations have donated hundreds of thousands of dollars to members of Congress that are rated “F” by the NAACP, the nation’s largest civil rights organization…

[Citigroup’s tweet supporting Black Lives Matter] links to a corporate blog post, titled “I can’t breathe,” by Citigroup CFO Mark Mason. He describes Citibank as a corporation that “is willing to stand up” and confront the “systemic problems” that are the root of injustice for black people. 

Racism continues to be at the root of so much pain and ugliness in our society – from the streets of Minneapolis to the disparities inflicted by COVID-19. As long as that’s true, America’s twin ideals of freedom and equality will remain out of reach…

I’m proud to work at Citi, an organization that cherishes diversity and inclusion and is willing to stand up for those values…

These systemic problems will not go away until we confront them head on… 

Mason says that “in an effort to aid in the fight to address these issues,” he will make a donation to the NAACP Legal Defense Fund and other civil rights organizations. What he doesn’t mention in that, during the 2020 election cycle, Citigroup has donated $242,000 to members of Congress who are rated “F” by the NAACP.

In this election cycle, Citigroup has donated to 74 members of Congress that were rated “F” by the NAACP. That means they voted with the NAACP 59% of the time or less. Most of the members who received Citigroup cash scored far lower, and many were in the single digits. 

Citigroup, through its corporate PAC, donated $180,000 to 53 members of the House rated “F” by the NAACP. The highest score of this group was 31%, and more than half scored in the single digits.

Corporations tweet support for Black Lives Matter. Their FEC filings tell a different story. – Popular Information

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s