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Facebook to form its own PAC to back political candidates

Posted on September 27, 2011 by TRP

Facebook confirmed it filed paperwork on Monday to start its own political action committee.

“FB PAC will give our employees a way to make their voice heard in the political process by supporting candidates who share our goals of promoting the value of innovation to our economy while giving people the power to share and make the world more open and connected,” said a spokesman via email.

The firm acknowledged the formation of the PAC after reports emerged of Facebook registering the domain names FBPAC.org and FBPAC.us. Creating a PAC is just the latest step in Facebook’s continued expansion of its presence in Washington, but this is the first time the firm will back candidates.

via Facebook to form its own PAC to back political candidates – The Hill’s Hillicon Valley.


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