Press Releases

The Banking Industry Funded Seditious Senators. Here’s Proof.

Feb 01, 2021

Despite the renewed focus on corporate America’s influence over politics following the deadly assault on the United States Capitol Building–incited in part by eight Republican Senators–top corporations in the banking industry are hoping their contributions to the Senate seditionists go unnoticed.

The eight Republican Senators include: Sen. Tommy Tuberville (R-AL), Sen. Rick Scott (R-FL), Sen. Roger Marshall (R-KS), Sen. John Kennedy (R-LA), Sen. Cindy Hyde-Smith (R-MS), Sen. Josh Hawley (R-MO), Sen. Ted Cruz (R-TX) and Sen. Cynthia Lummis (R-WY).

“By donating to these senators, Big Banks essentially funded the insurrection on the U.S Capitol. These eight Republican Senators bear responsibility for lying about the election and inciting the insurrection. It’s up to these Big Banks to rectify the damage by demanding a refund of their donations. If not, the stain of that day will sit with them and we’ll make sure the American people remember their role,” said End Citizens United President Tiffany Muller.

While some corporations have cut off or asked for refunds from members of Congress who attempted to overturn the election results, and some have engaged in a PR stunt by “pausing” all contributions, many top banking corporations have yet to take any action, hoping this blows over and that things will return to business as usual.

Below is a list of some of the top corporations in the banking industry that have given to the eight Senators that voted to overturn the election results over the course of their careers and have yet to pause their contributions or demand refunds.

Banking Corporations

Amount

ALLY FINANCIAL INC. ADVOCACY POLITICAL ACTION COMMITTEE

$5,000

ARVEST BANK GROUP INC PAC INC

$11,500

BANCORP SOUTH BANK PAC FKA BANK OF MISSISSIPPI OFFICERS VOLUNTARY POLITICAL COMMITTEE

$17,300

CADENCE BANK, NA POLITICAL ACTION COMMITTEE

$5,000

CITIZENS FINANCIAL GROUP, INC. POLITICAL ACTION COMMITTEE (CITIZENS PAC)

$1,000

DEUTSCHE BANK AMERICAS CORP./TAUNUS CORPORATION POLITICAL ACTION COMMITTEE

$2,500

FIFTH THIRD BANCORP POLITICAL ACTION COMMITTEE

$1,000

FLAGSTAR BANK FEDERAL PAC FEC ID#C00455733

$3,000

GULF COAST BANK & TRUST WAVE PAC

$5,500

HSBC NORTH AMERICA FEDERAL, STATE AND LOCAL POLITICAL ACTION COMMITTEE (HSBC COMBINED PAC)

$1,000

IBERIABANK CORPORATION FED PAC

$1,500

INTERNATIONAL BANK OF COMMERCE COMMITTEE FOR IMPROVEMENT AND BETTERMENT OF THE COUNTRY

$9,000

OLD NATIONAL BANK PAC

$1,000

RENASANT BANK EMPLOYEES’ VOLUNTARY POLITICAL COMMITTEE

$2,000

RIVER FINANCIAL CORPORATION (RFC) PAC

$1,000

SUNTRUST PAC

$7,500

TCF FINANCIAL CORPORATION PAC

$3,500

TEXAS CAPITAL BANK, NA POLITICAL ACTION COMMITTEE

$6,000

TRUIST FINANCIAL CORPORATION FEDERAL PAC

$35,000

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