Walmart stopped giving donations to members of Congress who opposed the election certification of newly elected President Joe Biden after attack on the capital last week.
Walmart the largest retail in the world in terms of revenue and staff, he earned approximately $ 4.8 million in political contributions and spent more than $ 6.4 million on lobbying in 2019. According to Newsweek, in 2019, the largest single recipient of his donations was President Donald Trump.
“At the end of each election cycle, we review and adjust our giving policy strategy, and this review will continue in the coming months,” the Arkansas-based company told the magazine. “However, in light of last week’s attack on the American chapter, Walmart’s Political Action Committee suspends contributions indefinitely to those members of Congress who voted against the State Electoral Academy’s statutory voting certificate.”
Similar announcements have been made by other companies, including American Express, Dow, AT&T, General Electric, Verizon Communications and Comcast. Others, such as Coca-Cola and Citigroup, have suspended political donations to Republicans and Democrats over the next six months as they reconsider their lobbying policies.