The pro-Trump protesters storm into the U.S. Capitol during a rally to contest the certification of the 2020 U.S. presidential election results by the U.S. Congress.
A new study shows that Republican lawmakers who objected to the results of the 2020 presidential election received over $8 million in campaign donations from corporations and trade groups.
More than 140 Republicans in the House and Senate continued to object to the results of the election in which President Joe Biden defeated incumbent President Donald Trump, even after the pro-Trump attack on the Capitol. Trump urged his supporters at a rally to march on Congress as they were voting on Biden.
The data shows that a few corporations paused their contributions or pushed back on what happened on January 6. The Public Affairs Council published a study last month that said more than 80% of corporate political action committees paused their contributions to federal candidates after January 6.
A new report by Accountable.US shows that top corporations and trade groups continued to give to the Republican election objectors.
Major corporations were quick to condemn the insurrection and tout their support for democracy, and almost as quickly, many of them abandoned those purported values by cutting big checks to the politicians that helped initiate the failed coup attempt, Accountable.US President Kyle Herrig said in a statement.
Boeing, Raytheon, Lockheed Martin, and General Motors were among the corporations that said they would pause their campaign contributions to all federal candidates after the attack on the Capitol but later decided to resume their donations.
The American Bankers Association will meet with all of their stakeholders in the coming weeks to review their political activities from the last campaign cycle before making any decisions about future plans. The events of the last week will be considered in the discussions. The ABA lobbies on behalf of the U.S. banking industry.
The American Bankers Association has given over $200,000 to Republican objectors, including the campaigns of House Minority Leader Kevin McCarthy of California and House Minority Whip Steve Scalise of Louisiana.
A group of GOP election objectors have received over $650,000 in contributions from several companies.
According to Accountable.US, about $1 million of the $8 million that came from trade groups and corporations to the election objectors went to some of the Republican lawmakers.
The campaign finance data from November shows that Marathon Petroleum, Valero Energy and United Parcel Service are some of the corporations that have donated over $100,000 to the Republicans who objected to the election results.
Corporate donations from December will not be made public until later in the month.
The trade group and corporations named in the story did not reply to CNBC's requests for comment.
