3 sources·Politics

Trump's Historic Fundraising for Second Inauguration Exceeds $200 Million

President-elect Trump raises over $200 million for his upcoming inauguration, surpassing previous records with substantial corporate contributions.

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Updated: Jan 4th, 2025, 6:07 PM ET

Summary

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President-elect Donald Trump has raised over $200 million for his second inauguration and presidential library, far exceeding the $107 million raised in 2017. Major contributions come from corporate giants like Amazon, Apple, and Meta, reflecting a shift in corporate relations with Trump after being sidelined in past cycles. Lobbyists emphasize that these donations signify a traditional practice in Washington, as companies hope to align with the upcoming administration. Trump's lavish inauguration plans include a ceremony followed by access for wealthy contributors, with significant fundraising still expected before the event.

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