Tim Cook to host fundraiser for House Speaker Paul Ryan, other Republicans

As Apple does not field an in-house political action committee, Cook is hosting the fundraiser on his own accord, reports Politico. Money raised at the Menlo Park, Calif., event on June 28 will go to Ryan (R-WI) and a joint fundraising committee assisting with general House Republican election efforts.

With the fundraiser, Cook continues to court politicians on both sides of the aisle. In the past, Apple's CEO has donated to the campaigns of Barack Obama, Sen. Chuck Schumer (D-N.Y.), Sen. Patrick Leahy (D-Vt.), Rep. Zoe Lofgren (D-Calif.) and Sen. Rob Portman (R-Ohio).

Apple this past weekend told Republican party leaders it would not support the upcoming GOP convention in Ohio due to inflammatory remarks made by presumptive presidential nominee Donald Trump. Ryan, too, has voiced concern over Trump's nomination, but is backing the flamboyant businessman in keeping with party lines.

Distasteful comments aside, Trump has taken aim at Apple's outsourcing strategy and unwillingness to cooperate with authorities in the aftermath of the San Bernardino terror attacks. For the latter, Trump called for a boycott on Apple products until the company agreed to cooperate with law enforcement agencies seeking access to an iPhone used by terrorist Syed Rizwan Farook.