There are some pretty worrying reports circling around stating that the owners of Walmart have officially decided to back Hillary Clinton in the upcoming presidential elections.
According to Western Journalism, the Walton family, which owns the Walmart brand, have just revealed that they are Clinton supporters. Though many of the Democratic presidential nominee’s supporters oppose some of Walmart’s business practices, the retail giant’s Clinton ties date back at least 30 years.
While her husband was Governor of Arkansas, Hillary Clinton served six years on the Walmart board of directors. While she has since backed off on some of her support for the corporation, Clinton never completely severed the relationship. When she first ran for president in 2008, she chose to return $5,000 donated to her campaign by Walmart’s political action fund citing a disagreement with the company’s values amid growing disdain for Walmart among left-leaning voters.
Many liberal voters are still upset over Walmart’s reticence to allow employees to unionize. Last year, pressure from the public prompted Walmart to initiate progressive across-the-board minimum wage hikes. In 2008, Clinton appeared to turn on Walmart when she said it does not “reflect the best way to do business and the values that [she thinks] are important in America,” but the company’s executives continued to back her.
During this election season, the Waltons gave a minimum of $700,000 to the Hillary Victory Fund. The controversial Clinton Foundation has been getting millions of dollars from donations from the Walmart Foundation and the Walton Family Foundation during the last several years.