CEOs plan $$$ threats to lawmakers over voting laws
Top CEOs plan to get dramatically tougher on state legislators over proposed new restrictions on voting:
After a weekend Zoom summit, the CEOs are threatening to withhold campaign contributions and to punish states by yanking investments in factories, stadiums and other lucrative projects.
The call included a long list of business luminaries, including James Murdoch, Ken Chenault, Ken Frazier, LinkedIn co-founder Reid Hoffman, Levi Strauss CEO Chip Bergh, Atlanta Falcons owner Arthur Blank, and executives of Delta, United and American Airlines.
Why it matters: After a slow response to Georgia's new limits, corporate America is suddenly making voting access a foremost issue and is going beyond words with sweeping economic threats.
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A post-summit statement said: "CEOs who participated in a live poll indicated they will re-evaluate donations to candidates supporting bills that restrict voting rights and many would reconsider investments in states which act upon such proposals."
https://www.axios.com/newsletters/axios-am-acaf8e0a-8fb0-4488-bc32-5d22828f8d43.html