Record number of U.S. firms change tack on political spending after Jan. 6 attack

Published by
Reuters

By Jessica DiNapoli NEW YORK (Reuters) – The number of S&P 500 companies that have either stopped political giving or plan to disclose it hit a record in 2021 after the Jan. 6 attack on the U.S. Capitol and recent social justice protests, according to a study viewed by Reuters. According to the study from the Center for Political Accountability, U.S. companies see new risks in political giving in light of the country’s hyper-partisan environment, leading corporations to either halt contributions or disclose them. The center advocates for corporate transparency. “Unrest and angry political conf…

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