These Businesses and Institutions Are Cutting Ties With Trump - The New York Times - 0 views
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A growing number of companies and institutions have taken actions against President Trump and his associates since the deadly rampage at the U.S. Capitol on Wednesday by the president’s supporters.
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Facebook’s announcement came four days after it banned Mr. Trump from posting on its platform at least through the end of his term — after years of defending its hands-off approach.
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And several digital platforms — including Snapchat, YouTube, Twitch, Reddit and Twitter — also recently limited or suspended Mr. Trump on their services.
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The P.G.A. of America announced on Sunday night that its board of directors had voted to terminate an agreement to play the P.G.A. Championship — one of golf’s four prestigious global major men’s championships — at Trump National Golf Club in Bedminster, N.J., in 2022.
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Citigroup, which gave $1,000 in 2019 to the campaign of Senator Josh Hawley of Missouri, one of the senators who voted against the certification of the Electoral College results, said it had paused all campaign contributions until March.
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Morgan Stanley said it suspended contributions to members of Congress who voted against certifying the results of the election, but has not suspended contributions across the board.
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Deutsche Bank, which has been Mr. Trump’s primary lender for two decades, and Signature Bank, are also seeking distance from him and his business.
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“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 American Express Blue Box values,”
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The New York State Bar Association has started an inquiry into whether Rudolph W. Giuliani, Mr. Trump’s personal lawyer, should be removed from its membership
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AT&T, Amazon, Comcast, the Blue Cross Blue Shield Association, Ford, Best Buy and Marriott International also said they had suspended or ended contributions to members of Congress who voted against the certification of the Electoral College vote last week.
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Hilton said it had already suspended its political contributions because of the impact of the pandemic, and that, because of the Capitol Hill violence, it would keep its PAC suspended indefinitely.
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Wagner College on Staten Island also said on Friday that its board of trustees had voted to rescind the degree it gave to Mr. Trump in 2004.
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In 2017, both Lehigh and Wagner considered revoking the degrees after Mr. Trump said there were “very fine people on both sides” who violently clashed in Charlottesville, Va. The schools later decided to let Mr. Trump keep the degrees.
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The P.G.A. of America announced on Sunday night that its board of directors had voted to terminate an agreement to play the P.G.A. Championship at Trump National Golf Club in Bedminster, N.J., in 2022.
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Four of the country’s largest banks, JPMorgan Chase, Goldman Sachs, Citigroup and Morgan Stanley, said they would temporarily stop sending donations from their political action committees.
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The Blue Cross Blue Shield Association announced on Friday that it was suspending political contributions to Republicans in Congress who tried to block the electoral vote tallies for President-elect Joseph R. Biden Jr.
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The association is one of the nation’s largest federations of insurance companies, which provide health insurance to about 109 million Americans.
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The decision to strip Mr. Trump’s resort of hosting the second of four major tournaments on the tour’s calendar was a heavy loss to a president who has emphasized his portfolio of golf resorts and spent significant time on the course while in office.
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Lehigh University in Pennsylvania awarded Mr. Trump a degree in 1988, after its president called the real estate developer a “symbol of our age — all the daring and energy that the word tycoon conjures up.” On Friday, two days after the attack on the Capitol, the university said in a statement that its board of trustees had “voted to rescind and revoke the honorary degree.”
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Wagner College on Staten Island — the New York City borough where Mr. Trump has remained popular — announced on Friday that its board of trustees had voted to rescind the degree it gave to Mr. Trump in 2004. No explanation was given.
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On Sunday, Laurie L. Patton, president of the college, said it had initiated the process to consider revoking that degree because of Mr. Giuliani’s role in “fomenting the violent uprising against our nation’s Capitol building,” which Ms. Patton called “an insurrection against democracy itself.”AdvertisementContinue reading the main story
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The online payment platform Stripe will no longer process payments for Mr. Trump’s campaign website, The Wall Street Journal reported on Sunday.
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Under the terms of that policy, Stripe users must agree not to accept payments for “high risk” activities, including for any business or organization that “engages in, encourages, promotes or celebrates unlawful violence or physical harm to persons or property.