These Companies, Banks, and Organizations Are Cutting Ties With Trump and Other Republicans

Amid a slew of announcements from a variety of companies and institutions in response to the Capitol attack, Trump has refused to take blame.


Image via Getty/Mindy Schauer/MediaNews Group/Orange County Register


In the final days of Trump's single-term presidency, a number of companies and banks have evidently suddenly developed consciences by cutting ties with the failed steak salesman.

These moves, of course, are largely inspired by the violent (and ultimately fatal) attack on the Capitol which saw MAGA cult members storming the grounds with a slew of Trump-promoting merch after being inspired by continued lies about the 2020 presidential election. Trump, of course, lost that election.

On Tuesday, Trump—sadly, as expected—continued to cower from taking responsibility for the violence. Speaking to reporters, he inaccurately deemed his pre-attack speech as "totally appropriate."

To that end, it's no surprise that many institutions—some of which were quite a surprise—have started backing away from Trump and other MAGA-supporting political figures in recent days. Below, we take a look at a number of key companies and other organizations that have severed their Trump connections in one way or another.

Both Deutsche Bank AG and Signature Bank are backing away from Trump following the Capitol attack. 

As detailed in a Bloomberg report on Tuesday, Deutsche Bank AG will not conduct "any further business" with Trump and his company. At this time, Trump is reported to owe the lender more than $300 million. 

Signature Bank, meanwhile, has decided to shut down two personal Trump accounts (holding an estimated $5.3 million). Furthermore, the New York-based lender has expressed support for those demanding Trump step down from his POTUS role ahead of the impending end of his term. Signature is known for also having ties with other Trump-related figures, at one point even naming Ivanka to its board before she stepped down two years later.

American Express, MasterCard, Morgan Stanley, Goldman Sachs, JPMorgan, and Stripe are among the other financial institutions confirmed to be cutting ties with Trump and/or other Republicans who opposed the certification of the 2020 presidential election results. Per CNBC, Morgan Stanley is the only one of the biggest six U.S. banks to specifically confirm that it will not donate to lawmakers who opposed Biden's certification.

On Jan. 8, Twitter made a shocking-to-many announcement about the future of Trump's increasingly dangerous account on the Jack Dorsey-led platform.

"After close review of recent Tweets from the @realDonaldTrump account and the context around them—specifically how they are being received and interpreted on and off Twitter—we have permanently suspended the account due to the risk of further incitement of violence," a Twitter rep said in a press release.

Getting specific, the Twitter rep pointed to two tweets from Trump (including one in which he confirmed he would not attend the Biden inauguration) as being clear violations of the site's Glorification of Violence Policy.

Over on Facebook, which now largely serves as a cesspool of misinformation and embarrassingly belated takes on every aspect of American goings-on, Trump was met with an indefinite suspension. Additionally, any content that uses the phrase "stop the steal" will be removed. As of Monday of this week, Trump's Facebook suspension was set to last until at least the date of the inauguration (Jan. 20), though it could become permanent.

Twitch and Snapchat have also taken action against Trump, while others—like Reddit, Pinterest, and more—have taken a broader approach by limiting or restricting certain hashtags and online communities associated with "stop the steal" nonsense.

YouTube, meanwhile, has announced a suspension period of at least seven days during which Trump will be unable to post new content.

2/ Given the ongoing concerns about violence, we will also be indefinitely disabling comments on President Trump’s channel, as we’ve done to other channels where there are safety concerns found in the comments section.

— YouTubeInsider (@YouTubeInsider) January 13, 2021

Apple, Amazon, and Google have all stepped up with actions against the conservative (and MAGA-centered) social media site Parler in recent days. While screenshots have been widely circulating purporting to show activity on an official Parler account operated by Trump, a Reuters fact-check from last week reportedly found that the failed steak salesman did not have an official account at the time.

On Tuesday, Parler was reported by CBS News to be suing Amazon after being blocked from using its web-hosting services. In a statement issued in response to news of the legal action, an Amazon rep reminded the general public Parler houses "significant content" that both encourages and incites violence. According to the rep, Amazon warned Parler about their concerns in recent weeks, only to notice a subsequent spike in violence-promoting content.

"There is no merit to these claims," an Amazon Web Services (AWS) rep told Complex. "AWS provides technology and services to customers across the political spectrum, and we respect Parler's right to determine for itself what content it will allow. However, it is clear that there is significant content on Parler that encourages and incites violence against others, and that Parler is unable or unwilling to promptly identify and remove this content, which is a violation of our terms of service. We made our concerns known to Parler over a number of weeks and during that time we saw a significant increase in this type of dangerous content, not a decrease, which led to our suspension of their services Sunday evening."

In a statement to TechCrunch over the weekend, an Apple rep criticized the Parler team for not taking "adequate measures" when it comes to threatening messages or "illegal activity." For now, Parler will remain suspended from the App Store until such issues are resolved.

Walmart, Disney, Hallmark, Best Buy, Verizon, Comcast, AT&T, and Airbnb have also confirmed the suspensions of financial contributions to any Republican who opposed the election certification. Just so we're clear, and just because it’s always worth repeating, those who opposed the results of the election were entirely fueled by Trump, whose catalog of election fraud lies has continued to expand in recent months.

Hallmark, specifically, made headlines this week after it was revealed that the cardmaker was asking Republicans who participated in the attempted election results halting to give back the company's donations.

On Monday, the New York State Bar Association announced the kickoff of what it says is an "historic inquiry" into the removal of Trump lawyer (and disgusting Borat 2 subject) Rudy Giuliani from its ranks.

In a press release stating Trump "did not act alone" when it came to inspiring the Capitol violence, an NYSBA spokesperson noted that Giuliani made similarly inflammatory comments in front of a crowd of thousands at the White House, including, "Let's have trial by combat."

Following hundreds of complaints over the past few months centered on a number of Giuliani's actions, the NYSBA is conducting an inquiry "pursuant to the Association's bylaws to determine whether Mr. Giuliani should be removed from the membership rolls of the Association."

And in what is surely a direct blow to Trump's ego, the PGA of America has also made a public statement following the Capitol attack. Following a vote over the weekend, the group announced that its 2022 PGA Championship event will not be held at Trump's New Jersey golf course.

On Wednesday, New York City Mayor Bill de Blasio announced NYC will be canceling all of its Trump Organization contracts. In a statement, de Blasio said Trump "incited a rebellion against the United States government that killed five people and threatened to derail the constitutional transfer of power."

BREAKING: “The President incited a rebellion against the United States government that killed five people and threatened to derail the constitutional transfer of power.”

@NYCMayor announcing New York City will cancel Trump Organization contracts. Read more:

— City of New York (@nycgov) January 13, 2021

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