S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
Shares of Walmart-backed Ibotta soar on public debut
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Bear Market Funds to Watch This Year

McConnell warns biz off political speech, says it's 'stupid'


Senate Minority Leader Mitch McConnell, R-Ky., listens to a reporters question during a press conference at a COVID vaccination site in Lexington, Ky., Monday, April 5, 2021. (AP Photo/Timothy D. Easley)

WASHINGTON (AP) — Senate Republican leader Mitch McConnell said Tuesday it's "quite stupid” for corporations to speak out against the Georgia voting law, intensifying his warnings for big business to stand down as Congress delves into President Joe Biden's infrastructure package and other defining issues.

Speaking in Kentucky, the GOP leader said companies still can participate in the political process and give freely to political campaigns. But as lawmakers wrestle with big issues, he warned CEOs off the kinds of public statements made by Delta Air Lines, Coca-Cola and Major League Baseball in opposition to Georgia's new, more restrictive voting law.

“It's quite stupid to jump in the middle of a highly controversial issue,” he told reporters.

“Republicans drink Coca-Cola too, and we fly and we like baseball,” he said. “It’s irritating one hell of a lot of Republican fans."

The colorful language from the typically reserved Republican leader shows the dilemma ahead for the party in the post-Trump era. Many Trump-styled lawmakers are bucking big business and leaning more heavily into the populist, working-class themes championed by the former president — even as they rely on deep-pocketed business donors to fuel their political campaigns.

By wading into the debate, McConnell is situating himself in the emerging culture wars on the opposite side of progressive groups that are pressuring business not to sit by silently on voting rights, gun violence and other big issues before Congress.

Congress will take center stage in many of these battles, the Senate in particular, as Biden’s $2.3 trillion infrastructure package and other priorities head for votes.

“They have the right to participate in the political process,” McConnell told reporters. But he said, “If I were running a major corporation, I'd stay out of politics.”

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