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

Benzinga

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.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02Tech and corporate leaders are pledging millions to President-elect Donald Trump's inaugural

00:06committee, with donations reaching over $150 million, surpassing records set by past presidents.

00:12Amazon, Meta, and OpenAI are among those contributing $1 million each,

00:17while Robinhood Markets is donating $2 million. The fundraising highlights efforts to curry favor

00:22with Trump's administration as he signals plans to deregulate industries and boost key sectors.

00:28Trump's inaugural committee provides an avenue for corporations and executives

00:32to gain influence without the restrictions of direct campaign donations.

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