Metlife, Inc. 2020 Political Activities Report
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MetLife, Inc. 2020 Political Activities Report MetLife, Inc. (together with its affiliates, MetLife or the Company) believes that its participation in the political process is an important and essential means of achieving its goals of enhancing shareholder value and of providing people with the financial and insurance products and services they need through various life stages and economic cycles. Legislative and regulatory initiatives and priorities at the United States federal and state levels, including appropriate regulation of the financial and insurance industries, have a profound impact on MetLife and its businesses’ ability to achieve these goals. MetLife engages with policymakers on a wide range of public policy matters to advance the issues of importance to its shareholders and policyholders. The Company participates in the political process through a variety of means, including several political action committees (PACs) and, where permissible, limited direct corporate political contributions to state candidates, committees or ballot issues. MetLife maintains appropriate policies and procedures and ensures that its political activities are conducted in accordance with all applicable laws governing political contributions and lobbying activities. MetLife solicits contributions to the MetLife PACs only from associates who are eligible to participate under the terms of the PAC and applicable law. Contributions to MetLife PACs are voluntary; MetLife does not favor or disfavor associates on the basis of their participation. Senior management reviews and approves decisions regarding all corporate political contributions, including in‐kind contributions, pursuant to the Company’s policy. MetLife, Inc.’s Governance and Corporate Responsibility Committee (the Committee) reviews MetLife’s goals and strategies concerning legislative and regulatory initiatives that impact the interests of the Company. The Committee also receives and reviews MetLife’s annual Political Activities Report, which describes the Company’s political contributions. This report describes MetLife PACs’ political contributions, the portion of MetLife’s annual payments to trade associations and other tax-exempt organizations allocated to lobbying activities (where the total annual payments to such association or organization exceeded $50,000), and MetLife’s contributions to political candidates or committees. Michael Zarcone Executive Vice President Corporate Affairs 1 of 10 MetLife’s Political Participation Program MetLife's political participation program supports candidates for federal, state and local offices. The program currently consists of four separate PACs: • MetLife, Inc. Employees’ Political Participation Fund A (Fund A); • MetLife, Inc. Employees’ Political Participation Fund A-Federal Only (Fund A - Federal Only); • Metropolitan Life Insurance Company Political Fund B (Fund B); and • Metropolitan Life Insurance Company Political Fund C (Fund C). Fund A contributes to candidates for federal and state offices and local offices in certain states, and to committees supporting such candidates. Fund A-Federal Only is used exclusively to support federal candidates. Funds B and C contribute to candidates for state and local offices and committees supporting such candidates as follows: • Fund B - New York only; and • Fund C - Delaware, Georgia, Illinois, Maryland, and Virginia. Each MetLife PAC is governed by a steering committee comprised of representatives from various lines of business in MetLife. Each committee reviews and approves the budget and provides oversight to ensure that each PAC operates in a manner consistent with its purpose and objectives. The officers of each PAC administer the funds and ensure that each PAC complies with applicable laws and requirements. The officers for each of the PACs are listed below. Fund A and Fund A–Federal Only Fund C Maggie Gage – Chair David Rose – Chair James Donnellan – Treasurer Clara Cortes – Treasurer Clara Cortes – Assistant Treasurer Fund B James Donnellan – Chair Clara Cortes – Treasurer 2 of 10 MetLife 2020 Political Activities Report Fund A and Fund A-Federal Only Contributions – Candidates Name Party/Jurisdiction Amount Alabama Sen. Doug Jones D-AL $5,000 Rep. Terri Sewell D-AL-07 $2,000 Arkansas Rep. French Hill R-AR-02 $2,000 California Rep. Amerish Bera D-CA-07 $1,000 Rep. Kevin McCarthy R-CA-23 $6,500 Rep. Jimmy Panetta D-CA-20 $3,500 Rep. Nancy Pelosi D-CA-12 $5,000 Rep. Linda Sanchez D-CA-38 $2,500 Rep. Brad Sherman D-CA-30 $2,000 Rep. Mike Thompson D-CA-05 $2,500 Rep. Maxine Waters D-CA-43 $5,000 Colorado Rep. Ed Perlmutter D-CO-07 $5,000 Connecticut Rep. Jim Himes D-CT-04 $2,500 Rep. John Larson D-CT-01 $1,000 Delaware Sen. Christopher Coons D-DE $2,500 Florida Rep. Kathy Castor D-FL-14 $2,000 Rep. Stephanie Murphy D-FL-07 $4,000 Georgia Rep. Drew Ferguson R-GA-03 $1,000 Sen. David Perdue R-GA $8,500 Rep. David Scott D-GA-13 $2,000 Illinois Sen. Jim Risch R-ID $1,500 Illinois Rep. Cheri Bustos D-IL-17 $1,000 Rep. Rodney Davis R-IL-13 $3,000 Rep. Bill Foster D-IL-11 $2,000 Rep. Darin LaHood R-IL-18 $2,000 Rep. Brad Schneider D-IL-10 $1,000 3 of 10 Name Party/Jurisdiction Amount Indiana Rep. Jackie Walorski R-IN-02 $1,500 Sen. Todd Young R-IN $1,000 Kansas Rep. Sharice Davids D-KS-03 $3,000 Rep. Ron Estes R-KS-04 $2,000 Sen. Roger Marshall R-KS $2,000 Kentucky Rep. Andy Barr R-KY-06 $2,000 Sen. Mitch McConnell R-KY $5,000 Louisiana Rep. Steve Scalise R-LA-01 $10,000 Maine Sen. Susan Collins R-ME $2,500 Maryland Rep. Steny Hoyer D-MD-05 $5,000 Massachusetts Rep. Seth Moulton D-MA-06 $1,000 Rep. Richard Neal D-MA-01 $9,000 Michigan Rep. Bill Huizenga R-MI-02 $4,000 Rep. Dan Kildee D-MI-05 $2,000 Rep. Timothy Walberg R-MI-07 $7,500 Minnesota Rep. Collin Peterson D-MN-07 $2,000 Sen. Tina Smith D-MN $2,500 Missouri Rep. William Clay Jr. D-MO-01 $1,000 Rep. Emanuel Cleaver D-MO-05 $1,000 Rep. Blaine Luetkemeyer R-MO-03 $5,000 Rep. Jason Smith R-MO-08 $4,000 Rep. Ann Wagner R-MO-2 $1,500 Nebraska Rep. Don Bacon R-NE-02 $3,000 Sen. Ben Sasse R-NE $2,000 Rep. Adrian Smith R-NE-03 $2,500 New Hampshire Sen. Maggie Hassan D-NH $2,500 New Jersey Rep. Josh Gottheimer D-NJ-05 $5,000 Sen. Robert Menendez D-NJ $2,500 Rep. Donald Norcross D-NJ-01 $2,000 4 of 10 Name Party/Jurisdiction Amount Rep. William Pascrell D-NJ-09 $1,500 Rep. Rebecca Sherrill D-NJ-11 $3,000 New York Rep. Andrew Garbarino R-NY-02 $2,500 Rep. John Katko R-NY-24 $2,000 Rep. Sean Patrick Maloney D-NY-18 $1,000 Rep. Gregory Meeks D-NY-05 $3,500 Rep. Joe Morelle D-NY-25 $2,000 Rep. Tom Reed R-NY-23 $2,500 Rep. Kathleen Rice D-NY-04 $6,000 Rep. Elise Stefanik R-NY-21 $2,500 Rep. Tom Suozzi D-NY-03 $1,000 Rep. Lee Zeldin R-NY-01 $2,500 North Carolina Rep. Virginia Foxx R-NC-05 $2,500 Rep. Patrick McHenry R-NC-10 $6,500 Ohio Rep. Joyce Beatty D-OH-03 $4,000 Pennsylvania Rep. George (Mike) Kelly R-PA-16 $3,000 Sen. Pat Toomey R-PA $1,000 Rhode Island Sen. Jack Reed D-RI $2,500 South Dakota Sen. Mike Rounds R-SD $5,000 Texas Rep. Kevin Brady R-TX-08 $3,500 Sen. John Cornyn R-TX $2,500 Rep. Van Taylor R-TX-03 $1,000 Utah Rep. Ben McAdams D-UT-04 $1,000 Virginia Rep. Denver Riggleman R-VA-05 $1,000 Sen. Mark Warner D-VA $1,000 Washington Rep. Suzan DelBene D-WA-01 $2,500 West Virginia Sen. Shelley Moore Capito R-WV $1,500 Wisconsin Rep. Gwendolynne Moore D-WI-04 $1,000 5 of 10 Federal Contributions – National Party Name Amount Across the Aisle PAC $2,500 American Property Casualty Insurance Assn PAC (Insuring America PAC) $5,000 Blue Dog PAC $5,000 Congressional Black Caucus (CBC-PAC) $5,000 Democratic Congressional Campaign Committee (DCCC) $15,000 Democratic Senatorial Campaign Committee (DSCC) $15,000 Moderate Democrats PAC $5,000 National Republican Cong Committee (NRCC) $15,000 National Republican Sen Committee (NRSC) $15,000 New Democrat Coalition Action Fund $5,000 PAC Unitatis $2,500 Republican Main Street Partnership PAC $5,000 Federal Contributions – Industry Committees Name Amount Structured Finance Coalition PAC $2,500 National Association of Vision Care Plans PAC $1,000 National Assn of Dental Plans (NADPAC) $5,000 Real Estate Roundtable PAC (REALPAC) $2,500 American Benefits Council PAC (ABC PAC) $5,000 American Council of Life Ins. PAC (ACLI PAC) $5,000 Insured Retirement Institute PAC (IRI PAC) $2,500 Mortgage Bankers Association PAC $2,500 Federal Contributions – Member Committees Name Member Amount AmeriPAC: Fund for A Greater America Sen. Steny Hoyer (D-MD) $5,000 Blaine PAC Rep. Blaine Luetkemeyer (R-MO) $2,500 Bluegrass Committee Sen. Mitch McConnell $5,000 Eye of the Tiger PAC Rep. Steve Scalise (R-LA) $5,000 Free State PAC Sen. Jerry Moran (R-KS) $2,500 Idaho Conservative Growth Fund Sen. Mike Crapo (R-ID) $5,000 IMPACT Sen. Chuck Schumer (D-NY) $5,000 Innovation PAC Rep. Patrick McHenry (R-NC) $5,000 Jobs Education & Families First (JEFF PAC) Rep. Hakeem Jeffries (D-NY) $4,000 Madison PAC Rep. Richard Neal (D-MA) $5,000 Majority Committee PAC (MC PAC) Rep. Kevin McCarthy (R-CA) $5,000 Making America Prosperous PAC Rep. Kevin Brady (R-TX) $2,500 6 of 10 Name Member Amount Motor City PAC Sen.