Banking Groups Suspend Political Donations after D.C. Riot
American Banker, Jan. 11, 2021–Hannah Lang (subscription)
The Consumer Bankers Association and Mortgage Bankers Association said the groups were suspending donations to all candidates from their political action committees. Their decisions come as Sens. Josh Hawley, R-Mo., and Ted Cruz, R-Texas, face mounting criticism for comments questioning the integrity of President-elect Joe Biden’s victory and encouraging pro-Trump protesters who invaded the U.S. Capitol last week.