Campaign finance takeaways: Corporate PACs reenter the political fray and Democratic incumbents build big war chests - News Summed Up

Campaign finance takeaways: Corporate PACs reenter the political fray and Democratic incumbents build big war chests


(CNN) Some of the country's biggest corporations have resumed political giving to the Republicans who objected to certifying Joe Biden's White House victory -- underscoring the fleeting nature of their well-publicized donation boycotts, along with their growing interest in swaying policy on Capitol Hill. Last month, the airline's PAC donated to one of the 147 Republicans who objected to certifying the 2020 election results, giving $2,500 to GOP Rep. Sam Graves of Missouri. He's the top Republican on the House Transportation and Infrastructure Committee, a panel with oversight of the airline industry. The donation was disclosed this week in a round of new campaign filings that offer an early preview of the expensive battles shaping up for next year's midterm elections. Other companies also have resumed donations to objectors in recent months, Federal Election Commission records show.


Source: CNN July 16, 2021 19:30 UTC



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