What business leaders should know about Wednesday’s rampage on the U.S. Capitol
BUSINESS RECORD STAFF Jan 7, 2021 | 5:41 pm
2 min read time
445 wordsAll Latest News, Government Policy and LawWhat happened: Congress ratified President-elect Joe Biden’s election victory after a day in which a mob of Trump supporters stormed the Capitol, the New York Times reports. Early today, President Donald Trump issued a statement saying there would be an “orderly transition” on Jan. 20, but during the storming of the Capitol on Wednesday he continued to make false claims that the election was stolen from him. (You can also check out a video summarizing the events in the Wall Street Journal.)
- Business leaders and trade groups quickly denounced the storming of the U.S. Capitol and the violence of rioters, reports the Wall Street Journal.
- Facebook today announced that Trump would be blocked from its platforms through the end of his term, the New York Times reports.
- Insurrection could be a turning point for social media, reports Marketplace. Meanwhile, the business world “hasn’t quite grappled” with Wednesday’s events as stocks continued to rise.
- American Airlines is banning alcohol on flights to and from Washington, D.C., as the aviation industry ramps up safety measures following the Capitol riots, reports Business Insider.
- From the Washington Post: Watching the riots at the Capitol occur with little police response, people from NBA players and coaches to gender studies professors quickly pointed to white male privilege.
- The National Education Association, representing the nation’s teachers and educators, condemned the attack in a press release from NEA President Becky Pringle. The organization also posted guidelines for teachers and parents to help in talking with children about the attack.
- The National Association of Manufacturers urges senior U.S. officials to consider removing President Trump from office, Reuters reports.
Iowa voices respond:
- Gov. Kim Reynolds released a statement on Facebook acknowledging Wednesday’s violence at the Capitol, writing: “Standing with and praying for the brave men and women of the U.S. Capitol Police and all who have been endangered by the violence and unrest happening at our nation’s capital. This behavior is unacceptable and not who we are as Americans.”
- On Twitter, former longtime Iowa Congressman Jim Nussle announced he would “no longer claim I am a Republican.”
- The threat of violence will continue to escalate ahead of the inauguration on Jan. 20, Iowa Auditor Rob Sand said in a statement: “That danger is increased each time a leader repeats or implies the lie that the presidential election was rigged or defrauded.”
- None of Iowa’s Republican lawmakers in the Capitol supported objections to the certification of Electoral College votes for President-elect Joe Biden early this morning, but Sen. Chuck Grassley and Rep. Randy Feenstra separately advocated for lawmakers to review election “irregularities,” the Iowa Capital Dispatch reports.