Donations, not restricted by campaign finance laws, come as industries seek favor with incoming administration

Summary

Donald Trump’s second inaugural fund is set to exceed $150 million, breaking the $107 million record from 2017.

Major companies like Amazon, Meta, Toyota, and Ford, along with executives like Sam Altman and Ken Griffin, are donating $1 million each.

Experts note the contributions aim to curry favor or avoid backlash from the incoming administration.

Some firms, despite earlier pledges to suspend political donations after the January 6 Capitol riot, are now participating.

  • andrew_bidlaw@sh.itjust.worksEnglish
    7·
    1 day ago

    Too small for bribes from these billionaires. It’s a set token, a show of loyalty (at the last moment?) that they’d support him. I don’t know how long this loyalty would last, but I’m sure that’s the sum he asked from those who wanted to be close to him as a prove.