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Ford resumes political donations after review

Stock MarketsApr 01, 2021 06:30PM ET
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© Reuters. FILE PHOTO: Ford Motor Co's logo pictured in 2019

By David Shepardson

WASHINGTON (Reuters) - Ford Motor (NYSE:F) Co will resume making political donations and will not rule out donations to those lawmakers who voted on Jan. 6 against certifying President Joe Biden's election win, according to a letter from Ford seen by Reuters.

The No. 2 U.S. automaker was among many companies that suspended political donations earlier this year pending a review, including some that opted to halt all donations to the 147 House and Senate members who voted against Biden's certification, including Walmart (NYSE:WMT) Inc, Marriott Inc, AT&T Inc (NYSE:T),, Amazon.com Inc (NASDAQ:AMZN), Comcast (NASDAQ:CMCSA) and American Express (NYSE:AXP).

In the letter seen by Reuters, Ford said its political action committee (PAC) was resuming donations to lawmakers effective April 1, and had opted against imposing a blanket ban on the Republican lawmakers who voted against certification.

Five people died when supporters of former President Donald Trump attacked the Capitol on Jan. 6 to prevent the U.S. Congress from certifying Biden's win. Trump had urged them to protest the results of the Nov. 3 election, which he falsely claimed was rigged.

Microsoft Corp (NASDAQ:MSFT) said in February its PAC would suspend all donations through 2022 to the 147 lawmakers who voted against certification, as well as contributions through the same period for state officials and organizations who suggested the election should be overturned.

Alphabet (NASDAQ:GOOGL) Inc's Google and General Electric (NYSE:GE) Co PACs also suspended donations through 2022, while Dow Inc said it would extend its suspension to senators voting against certification for up to six years.

It was not immediately clear whether any of those other companies had reversed those plans.

In the letter to company employees donating to its PAC, Chief Government Relations Officer Mitch Bainwol said Ford would strengthen principles it used for supporting candidates "by adding a new principle related to 'public service and integrity.'"

Bainwol added that the candidates Ford supports must "demonstrate public service consistent with building trust and acting with competence, integrity and serving others."

Ford noted it and the industry "are in a period of massive disruption that is deeply connected with policy issues. Participation in the political process has been a constant over our 118-year history and is central to navigating Ford’s global priorities in a world of competitive voices."

Ford resumes political donations after review
 

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Comments (2)
Catholic Man
CatholicMan Apr 01, 2021 11:04PM ET
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This articles contains lies.
BiG DaDDy CK
BiG DaDDy CK Apr 01, 2021 6:07PM ET
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Nice job Ford! Bye bye jobs.... Another win for the America Last Party!!
 
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