Tags: Facebook | FB | PAC | campaign | donations

Facebook PAC Gives More to Republicans than Democrats

Monday, 07 May 2012 12:46 PM

By Dan Weil

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Technology industry titans are known for favoring Democrats over Republicans, but Facebook is bucking the trend. Its political action committee FB PAC gave $65,500 to Republicans and $53,500 to Democrats in the first quarter, according to its disclosure forms, The Hill reports.

The donations focused on the House and Senate judiciary committees, the panels most likely to be involved with issues that could affect the social networking giant, according to The Hill.

The judiciary legislators receiving the PAC’s cash include Reps. Darrell Issa, R-Calif.; Mary Bono Mack, R-Calif.; Zoe Lofgren, D-Calif.; James Sensenbrenner, R-Wis.; and Sens. John Cornyn, R-Texas; Orrin Hatch, R-Utah; Amy Klobuchar, D-Minn.; and Chuck Schumer, D-N.Y.

Big tech industry backers also received donations, including Reps. Anna Eshoo, D-Calif.; Greg Walden, R-Ore.; and Fred Upton, R-Mich.

House and Senate leaders benefited from the PAC’s largesse too, as they usually do, The Hill reports. That includes House Speaker John Boehner, House Minority Leader Nancy Pelosi, Senate Majority Leader Harry Reid, and Senate Minority Leader Mitch McConnell.

The PAC was started at the end of last year. Facebook CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg donated the $5,000 maximum allowed, The Hill reports. So did board members Reid Hoffman, founder of LinkedIn, and venture capital superstar Marc Andreessen. Facebook has scheduled its initial public stock offering for May 18.


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