GOP Lawmakers Hit by Boardroom Backlash for Bid to Undo Election

Jan. 11, 2021, 11:17 PM

Major U.S. corporations are punishing Republicans in Congress who tried to overturn President-elect Joe Biden’s electoral victory, vowing to pull their campaign contributions after a right-wing mob stormed the U.S. Capitol last week.

The rapid retreat of financial support played out in an unprecedented series of announcements that began last week and picked up critical mass over the weekend and on Monday. They came from nearly every sector, stretching from Wall Street to the Texas oil patch to Silicon Valley.

Among the first to pull contributions from the objecting Republicans were the Blue Cross Blue Shield Association, Marriott ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.