(Reuters) - Financial services firm Charles Schwab (NYSE:SCHW) Corp said on Wednesday it will discontinue its political action committee (PAC) and no longer accept contributions from employees or make financial contributions to lawmakers.
The company, which cited a divided political climate for its decision, said it plans to donate all remaining funds in the PAC. (https://
A host of businesses have said they would cut off campaign contributions to those who voted to challenge U.S. President-elect Joe Biden's victory.