Microsoft announced Friday it will suspend contributions for the rest of the 2022 election cycle to all members of Congress who voted to object to the presidential election results.
Driving the news: The decision comes after Microsoft held listening sessions with employees to discuss the future of its political action committee after the Capitol riot.
The big picture: Businesses are seriously reconsidering their approaches to political giving following the riot, and future giving will surely not go without scrutiny.
Yes, but: It’s possible regular giving resumes after this election cycle, once businesses feel enough time has passed since the riot and emotions aren’t as high.
What’s happening: In addition to suspending of giving to certain members of Congress, state officials and organizations who said the presidential election should be overturned, Microsoft will now allow employees to donate directly to causes like campaign finance reform and voting rights.
- The company is also renaming its PAC to the Microsoft Corporation Stakeholders Voluntary PAC.
- Microsoft had previously suspended all political giving pending the review that led to Friday’s announcement.
What they’re saying: “We believe these steps are appropriate given the importance of these issues for the stability and future of American democracy,” Fred Humphries, VP of U.S. government affairs for Microsoft, wrote in a blog.