Corporate America Is Bankrolling the Pro-Trump America First Policies
According to a new report from the campaign finance watchdog group MapLight, three major corporations—which all bring in at least tens of billions in revenue per year—have donated at least six figures each to America First Policies, a pro-Trump dark money group which has come under fire because its staff just can’t stop letting their fashy side peek out.
Corporate disclosure forms show that the power company Southern Company donated $1 million to America First in 2017, over three times as much as its contributions to the Republican Governors Association, the Democratic Governors Association, and the Republican Attorneys General Association combined.
In addition, the pharmaceutical retail chain CVS Health donated $500,000 to America First, and Dow Chemical kicked in another $100,000, for a total of at least $1.6 million from corporate contributors. (Dow merged with DuPont last year to create the world’s largest chemical company.)
MapLight’s Andrew Perez notes that these companies are all benefitting from the administration in various ways:
CVS Health, Dow Chemical and Southern Company all reported lobbying on the Republican tax bill passed in December. CVS, the Woonsocket, R.I.-based pharmacy and retail giant, has said the law will save the company about $1.2 billion this year. CVS is currently seeking the Trump administration’s approval for its purchase of the health insurer Aetna.
Southern Company, the Atlanta-based utility company, has long opposed the Clean Power Plan, an Obama-era rule designed to limit greenhouse gas emissions by power plants. Trump’s Environmental Protection Agency (EPA) is working to repeal the plan.
And last year, the EPA reversed its effort to ban chlorpyrifos, a widely used pesticide produced by Dow Chemical that studies show can harm children’s brains.
Axios reported in January that America First, a nonprofit, had raised $26 million in 2017 (in addition to $4 million for its associated Super PAC, America First Action), but as MapLight notes, it hasn’t disclosed details about its own finances and won’t be forced to until it files its first tax return later this year.