Trump gathered $ 239 million for the inauguration, more than doubling his own record. world News
The New York Times reported that President Donald Trump raised $ 239 million for his January inauguration, shattering all previous records and more than doubled his own total $ 107 million of 2017, the New York Times reported. Recently, the Federal Election Commission (FEC) appeared in the filing, the amount has been the most raised for the inauguration of the US President, which outlines the corporate America’s intentions to align with Trump as he re -enters the White House.
The Trump-Vance opening committee, which organized the festival, received at least $ 1 million from about 140 donors, including major corporations such as JP Morgan Chase, Delta Air Lines, Target, Meta and Amazon. “Total … is more than doubled from the previous record,” said NYT’s Theodore Schleffer.
The greatest contribution came from Pilgrims ($ 5 million), Cryptocurrency firm Ripple Inc. and GOP Donor Warren Stephens, who contributed $ 4 million the same day, which he was declared as Trump’s pick for ambassador to the UK. Although FEC requires disclosure of more than $ 200 donations, it does not report on how funds are spent. The inauguration committee has not publicly expanded its expenses.
Alon Musk Associates John Herring, Ken Horring, and Keith Ribois -contributed $ 1 million to each of the pre -undisclosed donors. Despite being the President’s advisor, Musk did not donate personally or through his companies.
Historical criteria are largely beaten in Trump’s race. George W. Bush raised $ 30 million (today $ 55 million today) in 2001, and Joe Biden’s 2021 opening raised $ 62 million, returned due to epidemics. Trump’s combined total of $ 346 million from both inauguration is now $ 346 million – since Richard Nixon in 1973, the joint nominal funds of all the opening were successful in raising.
Despite increasing the dollars almost a quarter of billion, some seven-covered donors were denied access to major events due to limited capacity. Out of the total $ 245 million accepted, around $ 6 million was refunded, including a check of $ 50,000 from the Miss Universe organization, which was earlier owned by Trump.
