The viral rumors started after Business Insider reported the CEO of an independent franchisee who owns Wendy's, Taco Bell, and Pizza Hut locations donated more than $440,000 to Trump's campaign. Companies, which operates locations of those fast-food companies, did donate to Trump. So far this year, TACO PAC has donated $53,625 to Republicans and $3,500 to Democrats. Instead, they have made donations to a number of 2020 candidates, typically donating more to Republicans. Ultimately, fast-food companies and executives do not make up a significant amount of direct donations to President Trump in the 2020 election. He did not.But owning a franchise is much different from owning the company itself.James Bodenstedt is the CEO of MUY! Muy Cos. removed its list of locations from its website following the backlash. The automotive industry, for example, has given Trump more than $200,000 — and it’s the 20th most-generous industry. The pair donated more than $15,000 to Trump and the national Republican Party since August 2016.However, wealthy investors, political action committees (PACs) backed by companies and franchisees, and industry groups donate hundreds of thousands of dollars to candidates every year. The CEO of Muy!, a company that establishes franchises for Wendy's, Taco Bell, and Pizza Hut, has donated over $400,000 dollars to President Donald Trump's reelection campaign since 2018. Neither are currently employed by the chains.That is not to say that fast-food companies aren't donating to any candidates in 2020. Nor are fast-food companies donating to support the president. Fast-food chains are involved in the 2020 election, but primarily through donations to candidates running for Congress. No, but they are donating to candidates for Congress, and typically donate more to Republicans. During the 2016 election, Papa John's CEO John Schnatter and Andy Puzder, the CEO of Carl's Jr. and Hardee's parent company CKE Restaurant, donated to Trump. Companies, an owner of Wendy’s, Pizza Hut and Taco Bell franchises, had donated more than $400,000 to Donald Trump’s reelection campaign.
According to the Federal Elections Commission, corporations are unable to donate to political campaigns. For the other restaurants, these are campaign donations associated with fast-food chains in the 2020 election cycle, as tracked by OpenSecrets, as of June 15:According to the Federal Election Commission, corporations themselves cannot donate directly to candidates, but they are able to make donations to and establish political action committees, and make donations to other outside groups.Claims that fast-food chains have donated to presidential campaigns are PARTLY FALSE. Other, lesser-known restaurant companies also have investors or executives who have made significant donations to Trump. Companies, which owns Wendy's, Taco Bell and Pizza Hut franchises across the country.Bodenstedt is not the CEO of Wendy's Co. — that is Todd A. Penegor.
If you're a supporter of Trump or Vice President Joe Biden, are there chains you might avoid because their CEO is bankrolling a certain candidate? A review of FEC filings by Business Insider reveals that fast-food CEOs are not backing Trump's reelection. The PAC has donated $60,200 to Democratic and Republican candidates in the 2020 election cycle.Other posts claimed the donor was simply "the CEO of Wendy's.
Taco Bell In a report from Food & Wine , Taco Bell's political action committee (yes, they have one and it's literally called TACO PAC ) gave money (approx. Some of the restaurants in question do have affiliates that have donated to President Donald Trump and other Republican efforts, but the restaurants themselves have not.
Check out what's clicking on FoxBusiness.com.While serving as an executive at Adidas' former golf company TaylorMade, King made select donations to the Republican Party of California, Invest in a Strong & Secure America PAC and Republican politicians such as Mitt Romney and Darrell Issa. The hashtag #WendysIsOverParty was trending on social media, with users claiming the CEO of … ... founders or chairmen that have supported President Trump, per reports found on ... Taco Bell… These include: So, are company's funding President Trump's reelection? James Bodenstedt, the largest Wendy’s franchise owner, has donated more than $440,000 to President Donald Trump’s reelection campaign since 2018, according to … (The company has not returned Business Insider's requests for comment. ) But what about executives and people who stand to gain from fast-food chains' popularity?
Taco Bell's CEO Mark King has gone on record to say neither he nor the company has donated to President Trump's re-election campaign, denying … And Wendy's Co. does not own Taco Bell or Pizza Hut.One viral Facebook post claimed, "The CEO of the company that owns Wendy’s, Taco Bell, and Pizza Hut donated $400,000 towards Trump’s reelection campaign.