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Photo by Al Drago/Getty Image

Following Wednesday's violent siege of the Capitol, Stripe will no longer process payments for President Trump's campaign, which continued to fundraise. The news was first reported by The Wall Street Journal, and confirmed by Axios with a source close to Stripe.

Why it matters: This is the latest escalation in Big Tech's revulsed reaction to last Wednesday's insurrection in D.C., and the first to directly target money flows.

Driving the news: Several businesses said they were going to pause donations to politicians in the wake of Wednesday's attack. Marriott will pause donations from its PAC to "who voted against certification of the election,” a company spokesperson confirmed on Sunday. Citigroup meanwhile will pause all donations from its PAC for the rest of the quarter, according to a company memo obtained by Axios.

Go deeper: Big Tech's free speech showdown.

Go deeper

How cutting GOP corporate cash could backfire

Illustration: Aïda Amer/Axios

Companies pulling back on political donations, particularly to members of Congress who voted against certifying President Biden's election win, could inadvertently push Republicans to embrace their party's rightward fringe.

Why it matters: Scores of corporate PACs have paused, scaled back or entirely abandoned their political giving programs. While designed to distance those companies from events that coincided with this month's deadly siege on the U.S. Capitol, research suggests the moves could actually empower the far-right.

Ben Geman, author of Generate
23 mins ago - Energy & Environment

The finance sector links arms on climate

Illustration: Eniola Odetunde/Axios

A big, UN-backed umbrella group of banks, asset managers, investors and insurers launched Wednesday to boost private clean tech finance and press polluting industries that use their services to cut emissions.

Why it matters: The Glasgow Financial Alliance for Net Zero (GFANZ) is the broadest financial industry effort yet on climate change.

Scoop: Chris Christie friends believe he's running in 2024

Chris Christie at the White House in 2020. Photo: Chris Kleponis/Polaris/Bloomberg via Getty Images

Former New Jersey Gov. Chris Christie is seriously considering running for president in 2024, three people familiar with his thinking tell Axios.

Driving the news: While Christie isn't saying anything publicly about his thinking — besides telling radio host Hugh Hewitt he's not ruling it out — people close to him have an early sense of the rationale and outlines of a potential candidacy.