US firms suspend donations after Capitol siege

An increasing number of companies in the United States are cutting off political donations to lawmakers who attempted to subvert President-elect Joe Biden's victory in the November election. This comes after Trump supporters stormed the US Capitol Building last week.

Credit card company American Express announced on Monday that it will suspend contributions to lawmakers who objected to Biden's win and his electoral certification.

Chairman and Chief Executive Officer Stephen Squeri said in a memo sent to employees that the firm's Political Action Committee, or PAC, previously made contributions to 22 of the 139 House members who voted in favor of the objections.

Squeri said, "Last week's attempts by some congressional members to subvert the presidential election results and disrupt the peaceful transition of power do not align with our values."

Hotel chain Marriott International told NHK on Monday that it will also suspend donations through its PAC to lawmakers who objected to the election results.

Citigroup, Goldman Sachs, Google and Facebook are among major US businesses that say they will take similar measures.