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Missouri-based company Hallmark asks Sen. Hawley for money back, others distance themselves

ST. LOUIS — As the fallout surrounding Senator Josh Hawley continues, some of the biggest names in business are distancing themselves financially.

"Nothing about this situation is typical," said Washington University Law Professor Ronald Levin.

As big money backers such as AT&T, JP Morgan and Goldman Sachs have all drawn hypothetical lines in the sand by suspending political donations.
"To the extent that money is an asset in a campaign that's a bad sign and to the extent that their public announcements are distracting from his prestige and standing in the political world that's a bad sign," said Levin.

According to Levin, PACs are essentially vehicles for making political contributions.

"Hallmark may not want to give contributions in its own name as coming from Hallmark but they can set up a PAC and employees and officers can contribute to the PAC," said Levin.

It's not uncommon for them to shift their support.

"He derailed an election that Biden clearly won, of course, the backlash is justified," said Levin. "Here, though, the withdraw is related to a political scandal so it takes on much more of a significance."

Click the link for the full story: https://www.ksdk.com/article/news/politics/national-politics/missouri-based-company-hallmark-asks-sen-hawley-for-money-back-others-distance-themselves/63-5837f034-468b-4df3-8673-b3c6f4c97655

Видео Missouri-based company Hallmark asks Sen. Hawley for money back, others distance themselves канала KSDK News
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13 января 2021 г. 20:39:53
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