Banks, corporations join Big Tech and social media in cutting ties with Donald Trump – Discredited “MAGA” movement | The Economic Times
Discredited “MAGA” movement
According to a report by TOI, banks, corporations, and business leaders are joining Big Tech and social media in cutting ties with Donald Trump and extremist Republicans in the final days of his Presidency as he winds down four turbulent years in the White House as the disgraced leader of a discredited “MAGA” movement.
As the Democrat-majority US House of Representatives gathered to vote on a resolution asking Vice President Mike Pence invoke the 25th Amendment to boot Trump out of the White House even though only about 200 hours remain of his Presidency, Deutsche Bank and Signature Bank, his biggest lenders, cut ties with him for his alleged role in fomenting MAGA violence.
Morgan Stanley, AT&T, Marriott, and Dow among others said they would stop political donations to members of Congress who voted against certification of election results, while some others, notably Coca-Cola, Microsoft, Goldman Sachs, and FedEx said they are freezing contributions to both parties pending review of the events that transpired last week when a Trump-incited MAGA mob stormed the US Capitol.
Given the overwhelming evidence, which included Trump, his sons, and his minions urging the MAGA mob to march on the Capitol to “fight” and “take back America,” even Republicans are finding it hard to defend the President. Several have indicated they may support his impeachment if he does not resign before January 20th.
The FBI and local law enforcement meanwhile are on high alert against a possible return to Washington by MAGA extremists and white nationalists wanting to disrupt the inauguration. US agencies are warning of armed uprising in all 50 states in the days leading up to the Biden inauguration particularly if Trump is removed from office before that.