“The biggest sacrifice was $ 5 million. It was made by a company that sells poultry meat.”, – WRITE: www.unian.ua
The biggest sacrifice was $ 5 million. It was made by a company that sells poultry meat.
Trump has collected a record amount of donations on inauguration / photo – GettyimagesDonald Trump raised a record $ 239 million at the inaugural celebrations. Hyundai Motor American, Nvidia Corp. and Target Corp. Donated millions of donations to the US Presidential Committee.
According to Bloomberg, the total amount of fees amounted to $ 239 million – a record among all presidential inaugurations in the United States. For comparison, in 2017, Trump raised $ 107 million and Obama with Biden together $ 157 million for three inaugurations. Unlike the Democrats, Trump did not impose restrictions on donors.
The Committee returned more than $ 6 million in the form of compensated donations. The funds went to receptions, parties and other events. Cost information will be disclosed no earlier than next year.
After Trump’s victory in 2024, big business changed the tone. Apple, Meta, Amazon and Alphabet executives supported the inauguration.
Nvidia sacrificed $ 1 million, although the company lost $ 5.5 billion because of the ban on selling H20 chip to China.
Target and Hyundai also gave $ 1 million, despite the risks of import tariffs.
Ripple Labs – $ 4.9 million, Coinbase, Crypto.com, Galaxy Digital, Paradigm and Kraken – $ 1 million.
Robinhood – $ 2 million.
The biggest sacrifice – $ 5 million – came from Pilgrim’s Pride Corp., poultry meat producer. In total, more than 140 donors were transferred to $ 1 million or more.
The US law allows the inaugural committees to regulate contributions independently, except in cases with foreign donors – they are prohibited. The Trump Committee is not obliged to publicly report on the expenses by 2026, when it fits a tax return.
Trump’s inauguration: The latest newsOn January 20, Trump officially joined the US President. The Republican has made many different promises that he intends to fulfill in a new position, including the end of the war in Ukraine.
Trump mentioned Ukraine before inauguration and announced negotiations with Putin. At a rally in Washington, on January 19, he publicly promised to finish the war in Ukraine and stated that immediately after joining the post, he would contact with Russian dictator Vladimir Putin.
On January 20, the newly elected US President Donald Trump, along with his wife Melania Trump, arrived in the White House. They were greeted there by the current head of Washington Biden and the first Lady Jill Biden.
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