The firm’s decision is the most significant among companies rethinking their political don...

Charles Schwab to Stop Political Donations – The New York Times

The firm’s decision is the most significant among companies rethinking their political donations after last week’s violence in the Capitol.Charles Schwab will shut down its political action committee, perhaps the most significant move among companies rethinking their political donations after last week’s violence in the Capitol.Schwab, one of the country’s biggest brokerage firms, with around 30 million customer accounts holding more than $6 trillion in assets, said it found the current “hyperpartisan” environment too complex to navigate without risk of …

 

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