Facebook founder and CEO Mark Zuckerberg is testifying before the House Committee on Energy and Commerce today, fresh off the heels of a grueling five-hour joint session before the Senate Judiciary and Commerce committees yesterday. In total, Zuckerberg will face questions from nearly 100 legislators, and many of those legislators have received thousands of dollars from the company Zuckerberg runs.
Over the last 12 years, Facebook has spent $7 million in campaign contributions. Historically, Facebook has donated slightly more to Democrats than Republicans, but overall, the platform’s political footprint is small in Washington, DC relative to its market cap, which is currently calculated at about $400 billion. That’s not unusual for technology companies: Amazon spent $4 million in campaign contributions over 20 years, and it has a market cap of nearly $700 billion. (Note, however, that Alphabet, Inc., with a market cap just over Amazon’s, appears to be outspending Facebook in DC by an order of magnitude.)
According to data from the Center for Responsive Politics, since 2014, Facebook has contributed a total of $641,685 to the members of Congress that Zuckerberg is facing this week. The top recipients of that money include Sen. Cory Booker (D-NJ), Sen. Kamala Harris (D-CA), and Rep. Anna Eshoo (D-CA).