Right now it looks like hard times for the GOP, at least for those in Congress who voted to throw out electors in a bid to reverse the presidential election. Corporate donors revolted, declaring either “pauses” or outright stoppages of donations to those Republicans and more broadly the Republican Party. It’s not just Donald Trump that has firms sitting on the sideline, and it’s already having an impact.
The Hill reported today that the cash shutoff has the GOP “in a bind” as they plan out their midterm strategies and figure out how to get past the “toxic” present. That leaves the Republicans stuck between their populist grassroots and the funds they need to compete:
Trump maintains undying loyalty from at least a third of Republicans and he would be the overwhelming favorite to win the GOP presidential primary if it were held today.
He just won the second-most popular votes in a presidential election in U.S. history, with Republican gaining seats in the House. It’s another reason why Trump remains more popular in the lower chamber of Congress than in the Senate, where many Republicans blame him for costing the GOP majority when it lost two Georgia Senate runoff races earlier this month. …
Yet there is no question the national party will take the cutting of donations seriously, particularly if it continues. Numerous major corporations have said they won’t donate to lawmakers who objected to certifying the electoral results last week.
Disney, Amazon, Marriott, the U.S. Chamber of Commerce and Bank of America are among the groups that have said they will stop contributing to candidates who opposed the certification. That would cover a majority of the House GOP, including its two leaders.
It’s unclear whether that will injure the Trump-wing of the party. Republican National Committee Chairwoman Ronna McDaniel was unanimously re-elected to lead the party despite the GOP losing the White House and Senate last cycle.