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Dennis Donovan

(27,492 posts)
Wed Dec 25, 2024, 04:44 PM Wednesday

Rolling Stone: Companies are scrambling to fund Trump's Inauguration. He's keeping track. [View all]

Rolling Stone - (archived: https://archive.ph/LEbh0 ) Companies are scrambling to fund Trump's Inauguration. He's keeping track.

The president-elect is expected to raise more money than ever for his second inauguration. He’s keeping tabs on who’s donating — and who hasn’t

By Andrew Perez, Asawin Suebsaeng
December 25, 2024

Donald Trump’s inaugural committee is expected to raise the most cash in the history of such events — perhaps upward of $150 million, and certainly more than the record $107 million he raised for his first presidential inauguration.

A good chunk of that cash is coming from companies that previously expressed dismay about the Jan. 6 insurrection at the U.S. Capitol that Trump instigated to try to avoid transferring power to President Joe Biden. As The Wall Street Journal reported Tuesday night, the Trump inaugural fund has received donations or pledges from at least 11 companies or lobbying groups that pledged to cut off or pause their political giving after Jan. 6.

Though it is common for large companies to donate to Democratic and Republican inaugural committees — as somewhat implicit signals that they’re hoping for business-friendly behavior in the new presidential era — there is something extra explicit about the transactional desires during this season’s corporate attempts to shove cash into Trump-related coffers.

Trump himself certainly sees it that way.

In the past few weeks, Trump has at times asked close allies about how much major corporations have donated to the inaugural committee, and has sometimes inquired about specific companies by name, a person with direct knowledge of the matter tells Rolling Stone.

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