Magical Trade
Tuesday, January 31, 2023
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
No Result
View All Result
Magical Trade
No Result
View All Result
Home Trade News

Republican attorneys general to host private retreat for corporate donors at Palm Beach resort

by
July 14, 2022
in Trade News
0
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

RELATED POSTS

Jim Chanos says he’s still shorting Tesla as EV competition increases, profit margin peaks

Everyone’s watching Meta’s earnings report for a hint at how online ads are doing

In this article

GM

Anti-abortion activists demonstrate outside the Supreme Court of the United States in Washington, June 13, 2022.
Evelyn Hockstein | Reuters

The Republican Attorneys General Association is hosting a private retreat for its corporate donors at a luxury resort in Florida this weekend — on the heels of the GOP’s long-sought win in getting Roe v. Wade overturned by the Supreme Court.

Nearly 20 corporations and trade groups are said to have RSVP’d to attend the three-day retreat, including lobbyists and executives from CNBC’s corporate parent Comcast, Match Group, General Motors, Johnson & Johnson, Anheuser-Busch, Juul Labs, Koch Industries, Lowe’s, and Walmart, according to a list of expected attendees obtained by CNBC.

The private gathering at the luxurious Breakers resort in Palm Beach, Fla. — where the cheapest room on its website goes for around $830 a night — is scheduled to start on Sunday and carry through late Tuesday, according to an agenda reviewed by CNBC. The agenda, titled “ERC & Victory Fund Retreat” shows an opening reception and dinner on Sunday followed by a cigar and whiskey reception on Monday with optional excursions to play golf, attend a tennis clinic or go deep sea fishing.

The retreat falls as the group seeks more donations to fend off legal attacks from Democrats seeking to protect abortion rights. A June 24 fundraising email said “every donation will help the Republican Attorneys General combat the Democrats’ pro-abortion agenda and stand tall for life.”

The group, headed by South Carolina Attorney General Alan Wilson, didn’t respond to repeated requests for comment.

Lobbying giant Pharmaceutical Research and Manufacturers of America, PhRMA, and the US Chamber Institute for Legal Reform, a business legal advocacy group, are also listed as those set to attend the upcoming retreat.

Records show that, since the 2020 election cycle, almost of all of the corporations and trade groups listed to attend the private retreat have combined to contribute over $4 million to RAGA. They raised over $4 million alone in the first quarter of 2022.

Out of all of the expected attendees, only seven responded on the record to CNBC’s requests for comment on whether they still plan to attend the gathering in Florida or their plans to continue to support the Republican Attorney Generals group, given its advocacy in overturning of Roe.

Pfizer was invited but has decided not to go, spokeswoman Sharon Castillo said in an emailed statement on Wednesday.

“Our engagement with RAGA has focused mainly on advancing healthcare policies related to patient safety and efforts to combat counterfeit medicines, and is completely unrelated to the Supreme Court’s decision on abortion,” she added.

PhRMA spokeswoman Sarah Sutton, in an emailed statement to CNBC, didn’t confirm or deny whether they were sending anyone to the retreat

“We engage with policymakers and organizations from both sides of the aisle, as well as bipartisan and nonpartisan organizations who all have a wide array of health care opinions and priorities,” Sutton said. “We may not agree on every issue, but we believe dialogue is important to promoting a policy environment that supports innovation, a highly-skilled workforce and lifesaving medicines that are affordable for patients.”

Jeannine Ginivan, a spokeswoman for General Motors, also didn’t confirm or deny its attendance at the retreat. She noted that GM has also supported their rivals, the Democratic Attorneys General Association.

“General Motors has been a long time supporter of the Democratic Attorneys General Association and the Republican Attorneys General Association. GM believes that through continuous engagement with these organizations it has the best opportunity to build an understanding around issues important to GM and the auto industry,” Ginivan said.

Shira Rawlinson, a spokeswoman for the US Chamber Institute for Legal Reform, said in a statement that the court’s decision on Roe v. Wade is not an issue they take a position on as an institution. “The Chamber’s Institute for Legal Reform has ongoing relationships with state attorneys general on both sides of the aisle,” Rawlinson said. “We will continue to work with those in the state AG community who support a fair legal environment for the business community.”

Clare Boyle, a spokeswoman for Johnson and Johnson, didn’t confirm or deny whether the maker of everyday products like Tylenol and Aveeno skin care products was attending the retreat. She did, however, note that the pharmaceutical company isn’t a member of the GOP group’s top membership tier known as he “Victory Fund.”

Kaitlin Craig, a spokeswoman for Anheuser-Busch, similarly didn’t confirm or deny whether it was sending anyone to the retreat. She sent a statement saying the beer maker provides reproductive health benefits to employees, including contraception and fertility treatments.

“While we defer to Congress, state legislatures, and the courts when it comes to policy on this issue, we will continue to support our employees and their dependents through our company-sponsored health care plans and programs,” Craig said.

Though it’s unclear how much each corporation donated to attend the event, an outline within the group’s 2022 membership packet suggests it may cost up to $250,000. An ERC or Edmund Randolph Club member, named for one of America’s founding fathers and the 7th governor of Virginia, must donate $125,000 a year. That membership includes “unlimited passes to annual Victory Fund and ERC Retreat,” according to the 2021 membership outline. Victory Fund members have to donate at least $250,000 to the group.

Since the court’s decision to overturn the landmark abortion ruling last month, Comcast and Match Group said they will cover travel costs for employees who have to travel out of state for abortions. Match Group, a company that owns dating sites such at Tinder and OkCupid, recently made the decision to suspend contributions to both the Republican and Democratic Attorneys General groups.

Comcast has yet to publicly say whether they will halt donations to either group since the ruling and didn’t return repeated requests for comment.

In an email to CNBC, Match spokeswoman Vidhya Murugesan didn’t address the RAGA event her company is set to attend. Instead, she sent CNBC a fact sheet that highlights the company‘s healthcare benefits. It says the company “will fight all legal requests or subpoenas for any employee data or user data related to abortion or LGBTQIA+ rights.”

Mississippi’s Republican Attorney General Lynn Fitch, who is listed on the Republican group’s website as one of the group’s allied AGs, cosigned a brief last year filed in support of overturning Roe v. Wade.

In it, Fitch argued that the court should “consider the policy and cultural shifts that have occurred in the 30-50 years since Roe and Casey and argues that the precedent set in these cases, ‘shackle states to a view of facts that is decades out of date.'”

ShareTweetPin

Related Posts

Jim Chanos says he’s still shorting Tesla as EV competition increases, profit margin peaks

by
January 31, 2023
0

Famed short seller Jim Chanos said Monday he's still betting against Tesla as competition in the electric vehicle market ramps...

Everyone’s watching Meta’s earnings report for a hint at how online ads are doing

by
January 31, 2023
0

In this article AMZNGOOGLSNAPMETA Follow your favorite stocksCREATE FREE ACCOUNT Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in...

Carvana stock briefly halted for volatility amid reports of ‘meme-style’ options frenzy

by
January 31, 2023
0

Post Content

Showtime to combine with Paramount+, rebrand with new name

by
January 30, 2023
0

In this article PARA Follow your favorite stocksCREATE FREE ACCOUNT In this photo illustration, Paramount+ (Paramount Plus) logo is seen...

Everyone’s watching Meta’s earnings report for a hint at how online ads are doing

by
January 30, 2023
0

In this article AMZNGOOGLSNAPMETA Follow your favorite stocksCREATE FREE ACCOUNT Meta Platforms CEO Mark Zuckerberg speaks at Georgetown University in...

Next Post

Stock futures rise as Wall Street awaits more major bank earnings

Powell, Clarida cleared of wrongdoing in Fed trading controversy

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

email

Get the daily email about stock.

Please Enter Your Email Address:



By opting in you agree to our Privacy Policy. You also agree to receive emails from us and our affiliates. Remember that you can opt-out any time, we hate spam too!

MOST VIEWED

  • Fund manager believes FAANG is dead — says now it’s all about MANTA

    0 shares
    Share 0 Tweet 0
  • Forget Tesla — this auto stock is the one to buy right now, analyst says

    0 shares
    Share 0 Tweet 0
  • Bank of America names its top global tech stocks — including one it says has upside of 100%

    0 shares
    Share 0 Tweet 0
  • Josh Brown says Nvidia’s potential is ‘scary’ ahead of a potential AI boom

    0 shares
    Share 0 Tweet 0
  • Cut Your Retirement Spending Now, Says Creator of the 4% Rule

    0 shares
    Share 0 Tweet 0
  • Home
  • Trade News
  • Email Whitelisting
  • Privacy Policy
All rights reserved by www.magicaltrade.net
No Result
View All Result
  • Email Whitelisting
  • Home
  • Privacy Policy

All rights reserved by www.magicaltrade.net