US President-elect Donald Trump’s inaugural committee has raised more than $150 million since his November 2024 election victory. About this reported edition of The Washington Post, citing its own sources. It is noted that Trump is making a triumphant return to Washington, leaving court cases behind him. Corporate executives flock to his Mar-a-Lago mansion to meet with him, and the Republican Party is now completely under his control.
According to the publication, the inaugural committee received significant donations, including millions of dollars from such technological giants as Microsoft, Google, Meta and Uber, as well as from the aviation corporations Boeing and Lockheed Martin. The analysis shows that of the 40 individuals and companies that publicly declared their donations in support of this inauguration, more than 60% did not make such contributions during Trump’s first inauguration in 2017. His committee raised about $107 million then, while Joe Biden’s 2021 committee raised just $62 million. It is worth noting that during Biden’s inauguration there were restrictions on the size of donations: up to 500 thousand dollars for private individuals and up to one million for corporations, and the ceremony itself took place at the height of the coronavirus pandemic.
It is common practice for corporations to donate to inaugural committees, but many experts criticize the vague rules for funding such events, which could pose a threat of influencing political decisions. In Trump’s case, the funds raised exceeded all previous figures, demonstrating both significant support among corporate circles and new approaches to financing the inauguration campaigns.
It will be recalled that the newly elected president plans to sign more than a hundred decrees immediately after taking office. It was also previously reported that the TikTok company will allocate $50,000 for the inauguration party, which will be part of a large-scale celebration of the beginning of his second presidential term
