Companies suspend campaign contributions after Capitol riot

Ford Motor Co. confirmed Monday that it planned to suspend its political action committee donations to politicians while the automaker reviews events surrounding the 2020 presidential election and fallout at the Capitol.

“As we have said, events over the past year have underscored the need for a broader, ongoing discussion about other relevant considerations when it comes to our employee PAC," said Rachel McCleery, director of government relations for manufacturing policy.

"In order to give these important discussions the time and reflection they deserve, the Ford PAC will be suspending new contributions for now," she said. "Ford condemns the violent actions that happened this week, which contradict the ideals of a free and fair election and a peaceful transition of power."

Meanwhile Dow, based in Midland, Mich., released a detailed and targeted statement through Communications Director Rachelle Schikorra in response to the chaos in Washington:

"Dow is immediately suspending all corporate and employee political action committee (PAC) contributions to any member of Congress who voted to object to the certification of the presidential election. This suspension will remain in place for a period of one election cycle (two years for House members; up to six years for Senators), which specifically includes contributions to the candidate’s reelection committee and their affiliated PACs. Dow is committed to the principles of democracy and the peaceful transfer of power. Our values — integrity, respect for people, and protecting our planet — are the foundation on which we stand and our values guide our political contributions."

Other companies who said they plan to specifically withhold contributions from lawmakers who voted against certifying the Electoral College

results include Morgan Stanley, Marriott, Blue Cross Blue Shield, Boston Scientific and Commerce Bancshares, according to multiple news outlets.

Other businesses suspending donations pending review include Goldman Sachs, JPMorgan Chase and Citigroup. Bank of America, FedEx and Wells Fargo said they are reviewing the situation.

Fiat Chrysler Automobiles does not make political donations, said FCA spokesman Kevin Frazier.

General Motors provided a general statement that didn't define a change of course.

"GM PAC is committed to supporting and building relationships in a bipartisan manner, funds are contributed by GM employees and are distributed to support the election of U.S. federal and state candidates who foster sound business policies and understand the importance of a robust auto industry," said GM spokeswoman Jeannine Ginivan.