Big-money donors dominate the U.S. Chamber of Commerce's fundraising, prompting questions about how well the group represents small business.
The U.S. Chamber of Commerce in 2021 raised just over $93 million from donors who contributed $1 million or more, according to a new study.
But lately its funding has been largely fueled by donors who have given at least $1 million to the lobbying giant, according to aThe chamber's 501 nonprofit organization raised just over $93 million in 2021 from donors who gave $1 million or more, according to the study, which was produced by watchdog group Public Citizen. Just 1.4% of the donations that year "provided more than a quarter of the Chamber's itemized contributions," according to the study.
The data proves the chamber focuses more of its advocacy on big business and not necessarily small businesses, said Lisa Gilbert, executive vice president at Public Citizen. "The U.S. Chamber of Commerce's governing board consists of small business owners, the heads of state and local chambers of commerce, mid-size businesses, and representatives of some of the nation's most successful companies," Zeuthen said in an email. "As we have for over a century, the Chamber represents the depth and breadth of the American business community.
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