Corporate America's political power

1 big thing

Axios

News

4.0 • 2K Ratings

🗓️ 12 January 2021

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

As Congress moves forward with impeachment proceedings, corporate America is pulling the plug on political donations. First, it was Big Tech banning President Trump from social media sites. Now large companies like BP, Dow and Marriott International are cutting off political donations. Some like Dow and Marriott said they won’t donate to lawmakers who voted to object to the electoral college certification. Others like BP are pausing all political contributions. Plus, how to navigate a new rule on hospital prices. And, car buying moves into the 21st century. Guests: Axios' Felix Salmon and Joann Muller and Dan Weissmann, host of An Arm and a Leg. Credits: "Axios Today" is produced in partnership with Pushkin Industries. The team includes Niala Boodhoo, Sara Kehaulani Goo, Dan Bobkoff, Carol Wu, Cara Shillenn, Nuria Marquez Martinez, Naomi Shavin and Alex Sugiura. Music is composed by Evan Viola. You can reach us at podcasts@axios.com. Go deeper: How CEOs became the fourth branch of government The U.S. spent $3.8 trillion on health care last year Car buying has changed forever Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Good morning. Welcome to Axios today. It's Tuesday, January 12th. I'm Naila Boodoo. Here's how we're making
0:09.6	you smarter today. New laws that make hospital pricing more transparent. Plus how car buying
0:15.9	has changed forever. First though, some situational awareness. Yesterday Articles of impeachment against President Trump were introduced
0:26.0	in the House of Representatives for his role in inciting a mob that attacked the Capitol last
0:30.6	week.
0:31.6	But the House hasn't voted on them yet. First, House
0:34.5	Dems are hoping Vice President Pence will invoke the 25th Amendment.
0:38.6	House Resolution 21, resolution calling on Vice President Michael R. Pence to convene and mobilize the principal
0:46.3	officers of the executive departments of the Cabinet to activate Section 4 of the 25th Amendment
0:52.0	to declare President Donald J. Trump incapable of
0:54.7	executing the duties of his office and to immediately exercise powers as
0:59.6	acting president. That move was quickly blocked by Congressman Alex Mooney, a Republican from West Virginia.
1:06.8	For what purpose does the gentleman from West Virginia rise?
1:09.7	I object. Speaker Nancy Pelosi said later in a news conference they'll give Pence until
1:16.4	Wednesday to enact the 25th Amendment. If the Vice President of the
1:20.8	Cabinet do not act the Congress may be prepared to move forward
1:25.2	with impeachment.
1:27.2	That is the overwhelming sentiment of my caucus.
1:30.7	The House plans to vote on Articles of Impeachment Wednesday.
1:34.0	The resolution currently has more than 200 co-sponsors, all but ensuring it passes.
1:39.0	Then it goes to the Senate, where Majority Leader Mitch McConnell has said it would not be brought to a vote
1:43.6	until the Senate is scheduled to return on January 19th. But minority leader Chuck
	...

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