Business and Finance
Business and Finance
Thu, December 26, 2024
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Donald Trump's Inaugural Fund Set To Break Record As US Businesses Line-Up To Donate
- Corporate America, which had majorly endorsed Kamala Harris in the run-up to the US presidential election, is now seeking to make inroads with the incoming US president Donald Trump.
The article from NDTV discusses the unprecedented fundraising efforts for Donald Trump's inaugural committee, which is set to break records with contributions from major U.S. businesses. Companies like Bank of America, Chevron, and Boeing, along with other corporations, are donating significant sums, with some contributions reaching up to $1 million. This surge in donations reflects the business community's eagerness to gain favor with the incoming administration. The inaugural fund, which supports the costs of the inauguration events, has seen an increase in contributions partly due to changes in donation limits, allowing for larger individual and corporate gifts. The article also notes that while these funds are meant for the pomp and circumstance of the inauguration, there's an underlying expectation of access and influence with the new government.
Read the Full NDTV Article at:
[ https://www.ndtv.com/world-news/donald-trumps-inaugural-fund-set-to-break-record-as-us-businesses-line-up-to-donate-big-bucks-7334097 ]
Read the Full NDTV Article at:
[ https://www.ndtv.com/world-news/donald-trumps-inaugural-fund-set-to-break-record-as-us-businesses-line-up-to-donate-big-bucks-7334097 ]
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