Accountable.us Reports: As the House Ways and Means Committee moves forward on President Biden’s Build Back Better agenda that will hold corporations accountable by making them pay their fair share, big corporate interests — led by the U.S. Chamber of Commerce — continue their massive lobbying blitz to obstruct much-needed progress to help American workers and families. These corporations are spending millions to stop help from getting into families’ pockets despite recent…
Category: Citizens United
Making A Difference
Jeff Sonnenfeld says that CEOs play an essential role in speaking out on political issues. Last year, CEOs took on major issues regarding immigration, racial justice, election security and voting access. As Michael Dell commented, “If CEOs can’t speak out on voting access, what can they address?” The collective voice of CEOs provides them protection…
Corporate America launches massive lobbying blitz to kill key parts of Democrats’ $3.5 trillion economic plan – The Washington Post
A torrent of political groups representing some of the country’s most influential corporations — including ExxonMobil, Pfizer and the Walt Disney Company — are laying the groundwork for a lobbying blitz to stop Congress from enacting significant swaths of President Biden’s $3.5 trillion economic agenda. The emerging opposition appears to be vast, spanning drug manufacturers,…
Fox faces vote on lobbying proposal | Corporate Secretary
The SEC has given the green light for shareholders in Fox Corporation to vote this fall on a proposal regarding the company’s lobbying activities. The proposal, filed by Kenneth Steiner on behalf of John Chevedden, requests that Fox prepare an annual report disclosing: Company policy and procedures governing direct and indirect lobbying and ‘grassroots lobbying…
Federal Defense Contractors Resume Donations To Republicans Who Rejected Democracy | HuffPost
The nation’s biggest federal defense contractors have quietly resumed giving money to Republicans who helped fuel the insurrection at the U.S. Capitol on Jan. 6, despite making a public show of halting their political contributions after the attack and touting their companies’ roles in protecting democracy. In the first half of 2021, the top five federal defense…
Jeffrey Sonnenfeld: For corporations, political ‘wokeness’ works – The Washington Post
Since last fall, we have witnessed unprecedented levels of civic engagement from America’s corporations. Last November, to help fortify our electoral system, thousands of employers gave employees paid time off to vote or volunteer as election workers. Following up on that commitment to democracy, many CEOs and major trade groups promptly confirmed the election results…
Activist Shareholders Score Wins on Election Spending After Riot
“Increased political polarization, the 2020 Election, and the January 6th attack on the Capitol, have shown companies that spending corporate dollars on political causes is risky business,” [Thomas] DiNapoli said in a statement to Bloomberg Law. The trend is expected to continue as activist shareholders vow to make sure that companies stay true to their…
Toyota reverses course, says it will stop donating to Republican objectors – by Judd Legum – Popular Information
On April 17, Popular Information reported that Toyota was the top corporate contributor to Republican members of Congress who voted to overturn the election. The company’s corporate PAC donated $62,000 to 39 members of Congress who refused to certify the results of the Electoral College. After months of public scrutiny, Toyota announced on Thursday afternoon…
Global Compact Calls on Sustainable Businesses to Combat Authoritarianism in the U.S.
Thousands of U.S. companies have signed onto the United Nations Global Compact, which calls upon sustainable businesses to “create the world we want.” That goal is running up hard against the authoritarian trend in national politics. With the Compact slated to meet later this week, it is incumbent upon U.S. business leaders to act in…
Why Did Boeing Renege on Its Pledge Not to Support the “Sedition Caucus?”
The Daily Beast reports that Boeing is making political contributions to officials who denied the results of the 2020 election, despite its promises not to. After briefly swearing off political donations in the wake of the Capitol riot, Boeing is now throwing cash at officials who fought to overturn the results of the 2020 election….
