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The company leaders plan to push new US voting rights, will review campaign donations According to Reuters


© Reuters. FILE PHOTO: Protests against House Bill 531 in Atlanta

By Jessica DiNapoli

(Reuters) – Most CEOs who participated in the call discussing a new effort against US states’ voting restrictions said in a poll that they would reassess donations to applicants. candidates do not favor voting rights, while many will consider withholding investments in states that limit voting access, according to people familiar with the matter.

Some business executives are issuing a new statement calling for the protection of the right to vote of the United States, the latest corporate backlash to the move by Republican politicians to change Election rules in Georgia and other states, the sources said.

About 100 executives, investors, lawyers and corporate directors took part in a private Zoom call on Saturday organized by professor Yale Jeffrey Sonnenfeld to discuss new responses to election laws of Georgia and voting restrictions envisaged by other states such as Texas and Arizona, according to sources.

All CEOs who participated in a poll during the call agreed that they would reevaluate political donations to candidates based on their track record of voting rights, while 48 % said they could reconsider or reduce their investment in states that limit voting rights. Some a quarter of CEOs have declined to vote on certain questions in the poll.

Georgia’s decision last month to increase identification requirements for absentee ballots and to see the provision of food and water to waiting-in voters, among other changes, has been urged many US companies, including Delta Air Lines Inc (NYSE 🙂 and Coca-Cola (NYSE 🙂 Co, to make statements critical of the law.

Major League Baseball withdrew this year’s All-Star Game from Atlanta to protest the restrictions.

Republican officials, including U.S. Senate Minority Leader Mitch McConnell and Texas Gov. Greg Abbott, have criticized the companies for their response, accusing them of getting too involved in politics.

Georgia Republican Governor Brian Kemp said the law was “another step towards making our elections fair and safe”.

But the measure has been introduced by Democratic President Joe Biden and faces legal challenges from civil rights groups that say the measure is intended to prevent voting between blacks and minorities. Another race in one state supported Biden in last November’s elections and elected two US Democratic senators. in January.

Former President Donald Trump and his Republican allies have made unfounded allegations that he lost the November election because of widespread voter fraud, claiming that multiple courts around the land water rejected.

During the call only invitations, before American Express Co (NYSE 🙂 CEO Kenneth Frazier and Merck & Co Chief Executive Officer Kenneth Frazier said they were looking to gather support to support a new claim to push back a wave of restrictive bills. New voting rights, one of the sources said.

Some call participants have subscribed to new statements in the call.

The participants noted that the proposed laws disproportionately target low-income areas, and any civil unrest or assault on U.S. democracy could be detrimental the possibility of economic growth.

Reid Hoffman, co-founder of professional website LinkedIn (NYSE :), said: “We as business leaders should be much more strongly about not allowing people to sabotage elections. year 2020. The integrity of the system is indispensable ”.

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