President-elect Donald Trump’s inauguration committee is expected to more than double its donations compared with 2017, raking in seven-figure gifts from large companies and CEOs as he prepares his administration.
Since Election Day, Trump’s groups have raised more than $200 million for his inauguration, political operation, and presidential library, sources told the New York Times last week.
For the inaugural committee, which ABC News was told has raised $150 million as of mid-December, Fox Business was told the haul will reach $225 million. Trump’s previous inauguration committee brought in $106.8 million, while President Biden’s raised $61.9 million.
The complete list of donors to Trump’s festivities is not publicly known—the Trump Vance Inaugural Committee that was registered on Nov. 15 has not yet filed donor information with the Federal Election Commission, and is not expected to disclose certain donors before the 90-day deadline after the ceremony. In the absence of an official disclosure, the names of companies and executives making, or pledging, million-dollar-plus donations have been sprinkled out in news articles.
The companies paying tribute to Trump are jockeying for favorable treatment on a number of fronts. Cryptocurrency firms are lobbying for industry-favored legislation and light-touch financial regulation. Automakers have their eyes on potential Trump administration tariffs. Big businesses and their lobbying groups, as well as their wealthy executives, are dreaming of the planned continuation of the GOP-passed lucrative corporate tax breaks from 2017 and relaxed regulatory scrutiny of mergers.
Here are the known, deep-pocketed donors to Trump’s inauguration. Companies marked with a * also donated to the Biden 2021 inauguration.
- Ripple: $5 million donation in the form of its cryptocurrency token (Fox Business)