Top Republican officials continue to push back against a surge of major companies and corporate leaders who oppose new voting laws being pursued by Republicans in dozens of states, with fresh signs that some in the GOP are waiting to see how far companies are willing to go on this issue.
Even as executives representing a wide swath of Corporate America discussed via Zoom last weekend potentially withholding political donations and business investments over the issue, speakers at the Republican National Committee retreat in Palm Beach were pledging to continue the fight…On Wednesday, hundreds of major companies and corporate leaders released a joint statement that said voting is “the lifeblood of our democracy” and “we must ensure the right to vote for all of us” — a seeming rebuke of the hostile tone coming from Republicans who insist the laws are needed for election security and companies should stay out of politics.
The developments could possibly reshape political giving and potentially fracture a long-held alliance between the GOP and corporate business giants, who are increasingly under pressure to take political stands — and can feel the backlash for doing it. “I think what is happening is new,” said Steven Law, who runs the Senate Leadership PAC, the major fundraising arm for Senate Minority Leader Mitch McConnell (R-Ky.). Political groups say corporate PAC giving is down this year across the board.Amazon, Target and Netflix among companies signing letter opposing voting restrictions – The Washington Post