WASHINGTON, D.C. – A review from government watchdog Accountable.US found that corporate PACs donated at least $65M to election deniers running for Congress and the U.S. Senate – both incumbent and non-incumbent candidates identified by The Washington Post who have continued to spread the Big Lie that the 2020 presidential election results were illegitimate, even after the violent insurrection on January 6th. Accountable.US will release further analyses in the coming weeks, including corporate contributions at the state-level. Accountable.US challenged the corporate interests that fueled the campaign coffers of those who sow distrust in our democratic institutions to explain to their customers, shareholders and employees why a healthy democracy is a value they are willing to compromise.
Corporations went all in on election deniers, bankrolling hundreds of candidates who would have gut our democratic institutions and done away with fundamental voting rights for millions in 2020 – especially in communities of color. The danger to democracy posed by these candidates has been clear and present, yet many corporations made the short-sighted decision to chase political influence rather than do their part to ensure a healthy democracy that business thrives in. Given how many unapologetic election deniers were rejected by voters yesterday, it’s clearly bad business all around to marginalize consumers who want corporations to stand up for democracy – not just pay lip service.
While conservatives in Congress have been given no mandate, that’s not stopping some lawmakers from threatening retaliation at corporations if they do the right thing on issues like preserving democracy. Listening to the empty bluster of lawmakers instead of their own customer base is a surefire way for companies to jeopardize their bottom line.”
Kyle Herrig, president of Accountable.US.
The new report follows Accountable.US’ recent launch of the American Democracy Scorecard – a living, public interactive resource that scores all Fortune 100 companies’ actions around critical democracy issues. In its initial review, Accountable.US found 66 percent of Fortune 100 companies received an F grade on their commitment to preserving democracy.