Taco Bell franchisees' donate to TACO PAC. The industry lobbying group did not donate to any 2020 presidential candidates. ... Bodenstedt purchased 18 Texas locations in 2003 to start MUY! Ultimately, fast-food companies and executives do not make up a significant amount of direct donations to President Trump in the 2020 election. Nor are they backing Vice President Biden. Franchisees also have their own PACs. donated tons of money to trump--muy is a franchisee to these restaurants at these specific locations. Bunch of penny pinching bastards I tell you. Craig Estey, the owner and founder of Nevada Restaurant Services which. But what about executives and people who stand to gain from fast-food chains' popularity? I also came across this tweet. CEO of Wendy's, Taco Bell, and Pizza Hut to be Cancelled . A number of chains debunked the claims, with McDonald's, Wendy's, and Taco Bell all saying that they did not donate to any presidential candidate. In the grand scheme of things, yeah, owning an individual fast food franchise doesn't make someone a titan of industry. Close. punish workers at this time of need for their management's political decisions? Maybe 4 in PA all in the Erie area. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. Nor are fast-food companies donating to support the president. run the bulk of their locations as independent businesses. i'm such a horrible person. No major fast-food chains or CEOs of prominent chains are donating to Trump in the 2020 election, according to a review of FEC data by Business Insider. Did those boycotts do anything but make the boycotters feel morally superior? PACs run by chains and PACs run by franchisees are donating hundreds of thousands of dollars to candidates for Congress, with chains typically donating more to Republicans than Democrats. The National Restaurant Association, a lobbying group meant to protect restaurants' interests, similarly donates to both Democratic and Republican candidates, but gives more to Republicans. We hold them up as better than multi-national corporations, and buying local does help keep money in communities, it's true. The biggest individual Trump donors in the restaurant industry aren't affiliated with well-known fast-food chains, with the possible exception of Wendy's board member Nelsen Peltz. when the news broke, i think there was quite a bit of misunderstanding about who actually gave Trump money. Billionaire Nelsen Peltz is the CEO and founding partner of investment management firm Trian, as well as a long-time donor to Republican politicians. Neither are currently employed by the chains. This. 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. Press J to jump to the feed. The viral rumors started after Business Insider reported the CEO of an independent franchisee who owns Wendy's, Taco Bell, and Pizza Hut locations. who donated more than $440,000 to Trump's campaign. Many companies, including McDonald's, Wendy's, and Taco Bell, KFC, and Pizza Hut's parent company Yum Brands have donated to Congressional candidates and political groups via PACs. Nor have any major fast-food companies donated to any other 2020 presidential campaigns. Most major chains rely on independent franchisees to run the bulk of their locations as independent businesses. Neither position is realistically attainable for a good chunk of the population though. McDonald's, Wendy's, Taco Bell, and more chains were forced to deny viral claims on social media that they are donating to President Trump's reelection. So, if concerns that your fast-food order was funding a presidential campaign were keeping you away from McDonald's, Taco Bell, or KFC, you can rest easy and return to your favorite chain. So I can do the pizza hut if it does not have a circle? Claims that companies are bankrolling Trump's reelection don't match up with FEC data. A review of FEC filings by Business Insider reveals that fast-food CEOs are not backing Trump's reelection. Ex. It's pointless posturing, but the principle is sound. Other, lesser-known restaurant companies also have investors or executives who have made significant donations to Trump. Muy Cos. removed its list of locations from its website following the backlash. who happened to donate to Trump. 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? I opened Twitter today and saw #WendysIsOverParty trending and clicked it to see a bunch of people shitting on the company and saying they'd never eat there again/they never liked their food. While no current CEOs of major fast-food chains are donating to presidential candidates, some investors and chair members are supporting Trump. Create new account | My Profile | My Account | My Bookmarks | My Inbox | Help | Log in, Back to top Alert abuse Link here Cookies help us deliver our Services. A handful of wealthy industry insiders are also Trump donors, including Nelsen Peltz, who sits on Wendy's board; Stephen Ross, whose company has invested in smaller brands like &Pizza and Momofuku; and Tilman Fertitta, the CEO of Landry's, which owns Bubba Gump, Del Frisco's, and Joe's Crab Shack. 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. Are these people surprised that a corporation would back the candidate that will let them continue to get richer? You probably don't need more than 10 people to run a Jamba Juice and could apply/own one if you're ambitious enough/have the capital. It's not realistic to expect Wendy's boycotters to check who owns the franchise and decide whether to patronize them or not on that basis. Fast-food chains are involved in the 2020 election, but primarily through donations to candidates running for Congress. Fast-food giants, however, did not donate to Sanders' campaign. So, are company's funding President Trump's reelection? Many viral donation claims pull figures from Open Secrets, which show fast-food chains donating hundreds of thousands of dollars to political campaigns, disproportionately to Republicans. Cause that is the only one I eat at. Press question mark to learn the rest of the keyboard shortcuts. I thought to myself "one person is the CEO of three fast food companies?...That's impressive!" Thanks, but now the last two links don't work. CEO of Wendy's, Taco Bell, and Pizza Hut to be Cancelled. In the same way that presumably not everyone in Israel is a terrible human being, we still call for boycott, divestment, and sanctions of the entire country as the only viable avenue to apply the necessary pressure. Stephen Ross is the chairman and founder of RSE Ventures, which has invested in a number of smaller restaurant companies including Momofuku, Milk Bar, and &Pizza. James Bodenstedt is the owner of MUY! donated more than $440,000 to Trump's campaign. Not saying you’re wrong, just trying to show their dumbassery logic (thinking someone is a concurrent 3-Time CEO). Here's a breakdown of the more complicated truth about the fast-food industry's political donations. Taco Bell franchisees' donate to TACO PAC, while IHOP franchisees donate to the Pancake PAC. Business Insider reported on the donations in May, when Bodenstedt sat on a restaurant roundtable with Trump about the restaurant industry's recovery. Ross has donated to a number of Republican PACs, and reportedly held a $100,000 a head fundraiser for Trump last year. Permalink, About | Copyright | Privacy | Terms of service | Contact. Posted by 3 months ago. Instead, they have made donations to a number of 2020 candidates, typically donating more to Republicans. © 2001 - 2020 Democratic Underground, LLC. Owner of more fast food places than those three? Visit Business Insider's homepage for more stories. The only top executives at a chain restaurant to make substantial donations to President Trump's campaign are Mark Taylor, In-N-Out's chief operating officer, and his wife, Traci Taylor, who is the half-sister of In-N-Out's president and owner Lynsi Snyder. so then all those boycotts for hobby lobby and chick fil a was a terrible thing b/c. According to FEC records, … https://www.businessinsider.com/fast-food-franchisee-advising-white-house-400000-to-trump-reelection-2020-5. Brands, an operator of franchised restaurants, including Wendy's and the Yum! It is difficult to track franchisees' donations to political groups, simply because there are so many franchisees in the US. But if you've ever worked at a small business, you know there's a chance that owner did something to deserve it.

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