"Chipotle Mexican Grill has filed paperwork to form a political action committee, marking a shift in how the burrito chain engages in US politics. The filing, a Statement of Organization submitted to the Federal Election Commission early this month, establishes a corporate PAC, a vehicle that allows companies to collect voluntary political donations from employees and executives and give that money to federal candidates."
"Two corporate governance and political campaign finance experts said that, for a consumer-facing brand that has previously kept its distance from direct campaign giving, the move signals a more formal and proactive approach to federal politics - just as the 2026 midterm elections are heating up. In versions of its Government Affairs Engagement Policy dating from 2021 and 2024, the company said it did not operate a PAC, though it noted that it could form one in the future."
Chipotle filed a Statement of Organization with the Federal Election Commission to create a corporate political action committee that can collect voluntary contributions from employees and executives and contribute to federal candidates. The move departs from prior Government Affairs Engagement Policy versions in 2021 and 2024 that said the company did not operate a PAC while leaving open the option to form one. Company leadership described the PAC as a way to give 130,000 employees a voice on issues affecting their lives, communities, and business. Experts note the timing aligns with an increasingly competitive 2026 midterm landscape and redistricting-driven unpredictability.
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]