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Facebook will pause political donations for at least three months following siege on US Capitol (FB)

Published by Business Insider on Mon, 11 Jan 2021

<p><img src="https://static5.businessinsider.com/image/5fa26ddb69331a0011bc72d8-1200/Trump Zuckerberg.jpg" border="0" alt="Trump Zuckerberg" data-mce-source="Chip Somodevilla/Getty Images/JOSH EDELSON/AFP via Getty" data-mce-caption="Donald Trump Mark Zuckerberg"></p><p></p><bi-shortcode id="summary-shortcode" data-type="summary-shortcode" class="mceNonEditable" contenteditable="false">Summary List Placement</bi-shortcode><p>Facebook is temporarily stopping all donations to political parties after a mob of pro-Trump supporters violently stormed the US Capitol, <a href="https://www.axios.com/scoop-facebook-freezing-political-spending-after-capitol-attack-aae93e2c-0050-4e6e-aa85-6752cf8bee3d.html'utm_campaign=organic&amp;utm_medium=socialshare&amp;utm_source=twitter">Axios</a> reported.</p><p>The company is pausing all donations to both Democrats and Republicans for at least the first quarter of 2021, company spokesman Andy Stone told Axios Monday, by&nbsp;freeze all contributions to its political action committee (PAC).</p><p>It will also review how it awards political donations, Stone said.</p><p><em><strong>Read more:</strong>&nbsp;<a href="https://www.businessinsider.com/capitol-evacuated-trump-supporters-protesters-electoral-vote-count-pence-2021-1'r=gd-sub" data-analytics-module="body_link" data-analytics-post-depth="80" data-uri="52a57ec938e106f530823b9da5a40716">Lawmakers, Hill staffers, and reporters recount the harrowing experience as a violent pro-Trump mob broke into the Capitol to protest the electoral-vote count</a></em></p><p>Facebook did not immediately respond to Insider's request for comment.</p><p><a href="https://www.businessinsider.com/marriott-suspends-donations-gop-lawmakers-objected-biden-win-2021-1">JP Morgan and Citibank</a> have also said they will temporarily pause all political donations, while other companies, including <a href="https://www.businessinsider.com/marriott-suspends-donations-gop-lawmakers-objected-biden-win-2021-1">Dow, Marriott, and Morgan Stanley</a>, are cutting off donations specifically to GOP lawmakers who objected to certifying Democrat Joe Biden as president.</p><p><a href="https://www.businessinsider.com/facebook-has-blocked-president-trump-indefinitely-2021-1">Facebook indefinitely suspended President Donald Trump's Facebook account</a> on Thursday, which will last at least until President-elect Biden is inaugurated on January 20.</p><p><em>This is a developing story....</em></p><p><strong>SEE ALSO:&nbsp;<a href="https://www.businessinsider.com/american-taxpayers-will-likely-pay-capitol-mob-damage-say-experts-2021-1" >American taxpayers will pay for the damage caused by the Capitol riot because the building isn't insured, experts say</a></strong></p><p><a href="https://www.businessinsider.com/facebook-pauses-all-political-donations-after-capitol-siege-2021-1#comments">Join the conversation about this story &#187;</a></p> <p>NOW WATCH: <a href="https://www.businessinsider.com/coronavirus-myths-debunked-wuhan-china-2020-2">Epidemiologists debunk 13 coronavirus myths</a></p>
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