While Brandtjens audit has stalled after Vos refused to sign subpoenas for counties election equipment, Vos investigation is moving forward, led by a former state Supreme Court justice who has expressed openness to MyPillow CEO Mike Lindells baseless claims of election fraud. [Forbes. The final vote Friday was 54-35, but Republicans withheld the votes necessary to bring the bill up for debate. Investors are battling with corporate boards, filing shareholder resolutions that demand more transparency and accountability about political donations. Consideration is given to entities that support policies and initiatives that are important to the Company. With more money being invested according to these principles, falling short in these areas by not being forthcoming about donations, or by waving away inconsistencies between statements and spending could lead investors to shun a stock or, as we have seen, organize public rebukes of directors. Commercial Banks | OpenSecrets [] Tensions were already running high when lawmakers gathered early Wednesday afternoon for the constitutionally mandated counting of the Electoral College results, in which Biden defeated Trump, 306-232. [AP. [The New York Times, 4/14/21], In An April 14, 2021 New York Times Ad, Hundreds Of Companies And Individual Executives Claimed We Stand For Democracy And That We All Should Feel A Responsibility To Defend The Right To Vote And To Oppose Any Discriminatory Legislation That Would Restrict Voters Access To The Ballot. It also includes new, much-needed safeguards against attempts to undermine the electoral process. [Brennan Center, 10/14/21], Brennan Center For Justice: The Freedom To Vote Act Is Historic Legislation To Strengthen American Democracy, Promote Racial Justice And Equity For All Americans. The Freedom to Vote Act is historic legislation to strengthen American democracy, promote racial justice and equity for all Americans, and thwart the assault on voting rights taking place in the states. Capitol riot: JPMorgan, Goldman, other corporations pause political American Express and Mastercard said they had. Across the Atlantic, Bank of England Governor Andrew Bailey has said regulators are . 413, IA S.F. However in the next election cycle the PAC will review its decision making criteria in light of the actions that contributed to the appalling violent assault on the U.S. Capitol. [CNN, 2/5/21], On January 6, 2021, A Violent Mob Stormed The U.S. Capitol In Response To Congress Constitutionally Mandated Counting Of The Electoral College Results In A Stunning Attempt To Overturn Americas Presidential Election. A violent mob loyal to President Donald Trump stormed the U.S. Capitol on Wednesday and forced lawmakers into hiding, in a stunning attempt to overturn Americas presidential election, undercut the nations democracy and keep Democrat Joe Biden from replacing Trump in the White House. . Thirty-five House Republican broke ranks Wednesday evening to support legislation that would establish an independent commission to investigate the January 6 insurrection at the US Capitol. Adjusted receipts for PACs, parties, congressional filers and presidential filers; Adjusted receipts are the total receipts minus the following:. Here are the companies suspending political contributions following the An MIT Technology Review investigation, based on expert interviews, data analyses, and documents that were not included in the Facebook Papers, has found that Facebook and Google are paying millions of ad dollars to bankroll clickbait actors, fueling the deterioration of information ecosystems around the world. [MIT Technology Review. Observers say that the donations reflect bankers' interest in maintaining influence over the party in power. 31, NV S.B. Opinions or ideas expressed are not necessarily those of Bank of America nor do they reflect their views or endorsement. When engaging in political activities, apart from Bank of America responsibilities, employees are expected to make it clear that they are acting as an individual and not as a representative of the Company. Over the course of our nations history, the right to vote was hard fought for so many Americans, particularly women and people of color. The company also has yet to turn over all the information requested by the congressional committee studying the Jan. 6 attack, though it says it is negotiating with the committee. [The Washington Post. [Accountable.US, Corporate Anti-Democracy Donations Database, accessed 7/12/22], Following The Violence At The Capitol On January 6, Four People In The Crowd Died. 10 Things You Didn't Know about Bank of America CEO Brian Moynihan The insurance limit on your savings has become a hot global debate But the ProPublica-Post investigation, which analyzed millions of posts between Election Day and Jan. 6 and drew on internal company documents and interviews with former employees, provides the clearest evidence yet that Facebook played a critical role in the spread of false narratives that fomented the violence of Jan. 6. [The Washington Post, [Accountable.US, Corporate Anti-Democracy Donations Database, accessed. A call for increased disclosure around political spending from elected officials and shareholders could come to a head this spring as a number of publicly-traded companies hold their annual general meetings. [Fortune, 5/12/21], The New York Times: After The Capitol Riot And A Republican Push To Pass Restrictive Voting Laws That Disproportionately Affect Racial Minorities, Investors Want To Know More About Where A Companys Political Donations End Up. Investors are battling with corporate boards, filing shareholder resolutions that demand more transparency and accountability about political donations. In appropriate circumstances, Bank of America may make contributions to non-candidate organizations such as political convention host committees or inaugural committees, to the extent permitted by applicable law. The Senate on Wednesday voted against the Freedom to Vote Act and The John Lewis Voting Rights Advancement Act, striking the fatal blow into Senate Democrats effort to pass major voting rights legislation. As corporations freeze political donations, banks are continuing to do business as usual with campaign committees. Bank of America has not been involved in the preparation of the content supplied at the unaffiliated sites and does not guarantee or assume any responsibility for its content. Contributions take into consideration the whole candidate whether the candidate represents the communities we serve and supports policies and positions that are important to and/or impact our company, industry and our employees. Unnecessary restrictions on the right to vote strike at the heart of representative government. As understanding grows about the risk and value creation opportunities that ESG presents, the demand for ESG disclosure has accelerated. 202, IA S.F. [emailprotected] Because the NASA bill had already been considered by both chambers, it proceeded to debate with a simple majority instead of the usual 60 votes required to advance to debate. [Business Insider, 1/20/22], All Republican Members Of The House Of Representatives Voted To Block The John R. Lewis Voting Rights Advancement Act of 2021. After the Capitol riot and a Republican push to pass restrictive voting laws that disproportionately affect racial minorities, investors want to know more about where a companys political donations end up. [The New York Times, 6/5/21], The New York Times: Investors Are On Alert For Companies That Take One Position And Make Donations That Support Another. Investors are on alert for companies that take one position and make donations that support another. [The New York Times, 6/5/21], Bank Of America Corporation Is Represented By An Executive At Time To Vote. Send an email to Bank of America: you can opt out of online behavioral advertising, Democratic Legislative Campaign Committee, Republican Legislative Campaign Committee/Republican State Leadership Committee. Republican lawmakers attempted to challenge the results of Arizona and Pennsylvania, two swing states Biden won, during and after a violent and deadly attack on the U.S. Capitol by a pro-Trump mob. Bank of America has not reported any outside spending in the 2022 election cycle. 20005. Bank Of America Corporation Is Not A Member Of The Civic Alliance, A Nonpartisan Coalition Of Businesses That Seeks To Secure Voting Rights For All Americans. We often voice our differing view on significant issues to such organizations directly or in other ways and continually evaluate the overall benefit of our continued memberships. [United States Senate, 11/3/21], In January 2022, 203 Republican Members Of The House Of Representatives Voted To Block The Freedom To Vote: John R. Lewis Act, While Nine House Republicans Did Not Vote. Money raised includes each of the following:. The vote was 49 to 51. Bank of America: Millions in Political Donations Revealed A strong majority of senior executives (82% of survey respondents) also believe they will need additional resources to generate ESG disclosures that meet the information needs of critical stakeholders. [Deloitte, 3/14/22], The New York Times: Political Donations Fall Within The Purview Of The Burgeoning Environmental, Social And Governance Investing Movement, Known As E.S.G. And By Not Being Forthcoming About Donations, Or By Waving Away Inconsistencies Between Statements And Spending Investors Could Shun A Stock Or Organize Public Rebukes Of Directors. Political donations fall within the purview of the burgeoning environmental, social and governance investing movement, known as E.S.G.