Smithfield Foods suspends federal campaign donations after U.S. Capitol riot

 

Reuters

via Yahoo Finance - January 11, 2021

 

CHICAGO, Jan 11 (Reuters) - Smithfield Foods, the world's largest pork processor, said on Monday it paused all federal campaign contributions until more facts are known about last week's riot at the U.S. Capitol.

 

The Smithfield, Virginia-based company, which is owned by Hong Kong-listed WH Group Ltd, said it was "horrified by the recent violence at the U.S. Capitol."

 

(Reporting by Tom Polansek Editing by Chris Reese)

 

source url

https://finance.yahoo.com/news/smithfield-foods-suspends-federal-campaign-182143914.html

 

 

Here Are the U.S. Companies Hitting Pause on Political Donations

 

By Kevin Miller, Bloomberg

January 11, 2021

 

The list of companies that say they are withholding political contributions after last week’s U.S. Capitol riot continues to grow steadily.

 

The companies fall into three broad categories: Those going after specific Republican lawmakers who voted against the certification of the presidential election, those going after objectors in general, and those withholding all contributions for now regardless of political party or whether a lawmaker participated in the effort. Some 139 Republican representatives and eight GOP senators voted to object to at least one state’s electoral count, in support of President Donald Trump’s efforts to overturn the results.

 

This list does not include companies such as Bank of America Corp., General Motors Co. or FedEx Corp. that for now are saying only that they are reviewing future contributions or always decide donations on a case-by-case basis according to their interests at the time. The contributions below came from beat reporters and editors throughout Bloomberg News:

 

Action Against Individuals ...

 

General Action Against Objectors ...

 

DOW ...

 

G0LDMAN SACHS GROUP ...

 

Pausing All Contributions ...

 

ARCHER-DANIELS-MIDLAND ...

 

JPMORGAN CHASE ...

 

MORGAN STANLEY ...

 

SMITHFIELD FOODS ...

 

many more

https://www.bloomberg.com/news/articles/2021-01-11/here-are-the-u-s-companies-hitting-pause-on-political-donations