It's Tuesday, January 12th. I'm Hila Hughes.

And I'm getting a rest of the time. This is what a day where we are still living in the brief, beautiful moment when the State Department website said Trump was done being president.

I loved it. I was on Twitter and everybody was like, is this real? And I'm like, yeah, why don't we just live in that moment forever? I don't need to know if it's true or not. I just like to question it.

Plenty of people believe fake shit that gets them into way worse trouble. So you know, exactly.

On today's show, which corporations are pulling money out of politics and why plus an update on the ongoing security situation at the capital and around the country than some headlines.

But first the latest and we'll start with updates on removing Trump from office. House Democrats introduced an article of impeachment against Donald Trump on Monday for quote inciting violence against the government of the United States.

Not great. They're expected to vote on it tomorrow and we'll have more on that then yesterday also brought more resignations, acting Homeland Security Secretary Chad Wolf stepped down with just days to go until Biden's inauguration and continue concerns about our Homeland Security.

So really great job deserting just days before you are supposed to be relieved.

But for what it's worth Wolf didn't say he was stepping down because of the capital siege, but instead he cited court rulings that challenges authority over the agency. So coward to well, we're going to get more

in-dissecurity in a moment. Let's start with some other responses we're seeing outside of government from the business community.

But among the recent announcements Morgan Stanley suspended PAC contributions to lawmakers who didn't vote to certify the results, Maryott did the same with its own PAC and AT&T did as well among many others. The newsletter popular information is a good resource for keeping track of all of these and we'll put that link in our show notes.

And it's nice to see these responses to the capital attack, but also strange to kind of think about the influences these companies wield in the first place, but such is the beautiful capitalistic political system we have created for ourselves that is for another day.

Some of these companies haven't quite specified also how long this is going to last, but there are a few who have gone farther or at least been more specific about what they're doing here. For instance, Dow the chemical company specified that they're banned on political donations to the 140 plus Republican House members and senators would last for an entire election cycle.

So that means two years if you were in the house and six for the Senate, right a long time. And then there's hallmark cards, which people might be surprised to learn has a PAC, but they do. And apparently one that the Kansas City based company used to give money to senators Josh Holly of Missouri and Roger Marshall of Kansas.

Now hallmark is reported the actually asking for a return of the money that they gave, which was $7,000 to Holly's campaign and 5,000 to Marshall's in the last two years.

So that's the second job, but those are the companies that are focused on Republicans, but there's also companies that are just pausing contributions altogether.

So that's the first thing that's going to happen is that they're going to be able to do their processes, okay. And the same goes for banks Goldman Sachs, JP Morgan and City Group, which overall annoyed some Democrats who rightfully said, why would you both sides a situation like this, but the upside, I guess, is no time like the president to go to a full small dollar donor model and say goodbye to PACs.

Anyway, see you later. It appears as though these companies are going to reassess whether to get back into the game after the first quarter of this year, most likely.

So let's talk about whether this is actually going to have a material impact or not.

It's a good question. And they're kind of varying views and different levels of impact, depending on what the companies are saying and doing.

There's also quite a bit of skepticism that these actions will actually last given the fact that these companies could see potential future political threats to their bottom lines and may step back into the fold before the next elections in 2022.

They need to make money and if there is a threat to it, they will find a way to stop it. But the counter to that is that some of the pressure for Republicans to stick with Trump in the first place on these fraud lies was to keep raising money for themselves.

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