00:00It's Benzinga and here's what's on the block.
00:02Donald Trump has ramped up fundraising efforts from mega-donors for his 2024 presidential
00:07campaign, promising regulatory changes and policies to benefit their businesses.
00:13Critics expressed concerns over corruption, describing Trump's approach as transactional.
00:18Trump has heavily courted Elon Musk and other billionaire backers, leveraging policy favors
00:22in exchange for large donations.
00:25Musk's America PAC has spent $60 million supporting Trump, while other donors, including
00:30fossil fuel and cryptocurrency moguls, have contributed millions.
00:34Watchdogs fear this fundraising strategy undermines transparency and accountability.
00:38For all things money, visit Benzinga.com.
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