By The Daily Wire (World News) | Created at 2025-04-03 15:40:12 | Updated at 2025-04-04 18:47:54
1 day ago
After being a major part of a global network of companies that cracked down on conservative speech in the name of so-called misinformation, credit card giant Mastercard has agreed that it will no longer make marketing or branding decisions based on third-parties, according to emails obtained by The Daily Wire.
The announcement comes after a group of investors represented by the Alliance Defending Freedom were prepping a resolution targeting the credit card company over its involvement with the Global Alliance for Responsible Media or GARM. Mastercard will release a new company policy in the coming months making clear that third-party views will not influence branding or marketing decisions, the company told the Alliance Defending Freedom this week.
GARM, which disbanded in August 2024, a month after its leaders were called in to testify to Congress, was an organization founded by the World Federation of Advertisers to ensure that companies only advertised with media outlets deemed “responsible.” In the name of this goal, GARM targeted podcasters like Joe Rogan, platforms like Elon Musk’s X, and conservative outlets like The Daily Wire, according to a congressional investigation. The Daily Wire’s Editor Emeritus Ben Shapiro testified that the aim of the advertising coalition was to “throttle viewpoints” that Democrat legislators and the Biden administration did not like.
After meetings with Alliance Defending Freedom lawyers, Mastercard, which was on the board of the World Federation of Advertisers that oversaw GARM, now says that it alone will determine its marketing and branding strategy.
“We advance our marketing priorities with a close eye on the value delivered to our brand, the interest and relevance to the intended audience, and whether the media channel/platform supports our ability to deliver new and unique experiences to the end consumer,” a copy of the policy viewed by The Daily Wire says. “Mastercard alone makes decisions on our brand and our marketing activities, independent of any third-party views.”
That came after Inspire Investing, a Christian investment company represented by Alliance Defending Freedom, met with Mastercard to discuss a proposed shareholder resolution to call for an investigation over Mastercard’s involvement with GARM.
A draft of the resolution viewed by The Daily Wire called for Mastercard to evaluate “how it oversees risks related to discrimination against ad buyers and sellers based on their political or religious status or views.”
After Mastercard agreed to distance itself from third-party organizations, Inspire Investing and Alliance Defending Freedom agreed to withdraw the resolution.
“This is a meaningful step forward for Mastercard,” Inspire Investing Director of Corporate Engagement Tim Schwarzenberger told The Daily Wire. “We appreciate Mastercard’s willingness to engage with shareholders and make this important commitment to making decisions independent of third-party influences. It’s a positive step for free speech, religious freedom, and ultimately for all Mastercard stakeholders.”
Jeremy Tedesco, the senior vice President of corporate engagement at Alliance Defending Freedom, said the new policy from Mastercard represented a major win for conservative customers.
“MasterCard, their business purpose is to make sure that people can transact funds. And that’s it. And that’s what they should be doing,” he told The Daily Wire. “They shouldn’t be taking their ad buying power and trying to shut down people they disagree with in the marketplace of ideas.”
He also said that it was a necessary step to hold companies accountable that supported the censorship of conservatives.
“They used their ad buying power in collaboration with other major corporations to suppress conservative and religious content online,” he told The Daily Wire. “It’s really critical that these companies are held accountable for collaborating in that way, in collaborating with people who want to stop so-called misinformation and hate speech from appearing on the internet.”
He said that Alliance Defending Freedom has filed over 70 shareholder resolutions, had over 50 meetings with corporate leaders, and obtained 13 policy behavior changes this corporate season.
