Press Releases

These Wall Street PACs Won’t Let A Little Sedition Get In the Way of Their Profits

Feb 10, 2021

Some of the biggest companies on Wall Street have still not answered whether they will keep funding the National Republican Senatorial Committee (NRSC). The NRSC receives hundreds of thousands of dollars from Wall Street and is led by one of the lead Senate seditionists, Rick Scott.

“We know Wall Street has a hard time doing the right thing, but cutting off support to Rick Scott’s NRSC after he attempted to overthrow the election and helped incite a deadly insurrection should be an easy decision. Their silence emboldens politicians who have no regard for our democracy,” said End Citizens United President Tiffany Muller.

Below is a list of some of the top corporations on Wall Street that have yet to make any comment about continuing to fund the NRSC: 

Wall Street Total to NRSC 2020 Cycle
CARLYLE PAC $15,000
CIM (DELAWARE) INC PAC $15,000
FIRST COMMAND FINANCIAL SERVICES PAC $30,000
GOLDMAN SACHS PAC $25,000
MORGAN STANLEY PAC* $30,000
PNC BANK PAC* $100,000
S&P GLOBAL INC. POLITICAL ACTION COMMITTEE* $15,000
UBS AMERICAS FUND FOR BETTER GOVERNMENT PAC* $30,000

*Denotes the corporations that have said they won’t fund the 147 objectors.

End Citizens United has previously called on corporate financiers to cut off funding to the National Republican Senatorial Committee (NRSC), the National Republican Congressional Committee (NRCC), the Congressional Leadership Fund (CLF), and the American Action Network (AAN). These are organizations that House Minority Leader Kevin McCarthy or Senator Rick Scott direct and oversee. The group has also called on corporations to request refunds from the Republicans Attorney Generals Association (RAGA) for it’s participation in recruiting for and organizing the insurrection through its dark money arm, the Rule of Law Defense Fund (RLDF). RAGA is the association that helps elect Republican Attorneys General (AG) and also helped organize a group of Republican AGs who filed failed lawsuits seeking to overturn the election.

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