Trump's Inaugural Fund Draws $150 Million From Corporate Leaders Courting The President-elect

2024-12-26 219

Tech and corporate leaders are pledging millions to President-elect Donald Trump’s inaugural committee, with donations reaching over $150 million, surpassing records set by past presidents. Amazon, Meta, and OpenAI contribute $1 million each, while Robinhood Markets is donating $2 million. The fundraising highlights efforts to curry favor with Trump’s administration as he signals plans to deregulate industries and boost key sectors. Trump’s inaugural committee allows corporations and executives to gain influence without the restrictions of direct campaign donations.