Home Stock McConnell advocates warning that companies should stay away from politics

McConnell advocates warning that companies should stay away from politics


WASHINGTON – Senate Minority Leader Mitch McConnell on Wednesday upheld his warning that businesses should stay away from politics but reiterated his disappointment with criticism from several prominent companies on efforts to pass a new Republican-led electoral law.

McConnell released a statement on Monday threatening “serious repercussions” for corporations retaliating against GOP bills in Georgia and elsewhere, saying companies are surrendering to pressure from Democratic activist. The Kentucky Republican Party did not name any companies or specify the consequences it could face.

The next day, in a press conference back home, he added: “My warning, if you want, to American companies is to stay away from politics. It’s not something you’re designed for. “He said he did not mention political contributions, which he called appropriate.” I am talking about taking a position on such a highly agitated issue. . “

On Wednesday, at another public appearance in Kentucky, McConnell admitted: “I didn’t say it very artfully yesterday.” Companies have the right to get involved in politics, he said. “My complaint of principles is, they didn’t read the stupid bill. … There are many states now after the new Georgia law, which has many more restrictions than the new Georgia law. “

An expanded version of this report appears on WSJ.com.

Also popular on WSJ.com:

Meet the highest-paid CEO in the S&P 500, Paycom’s $ 211 million man.

China’s Greenland ambitions are entangled in the local politics and influence of the United States.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments