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Corporate America, including TECH GIANTS and BIG PHARMA, opens wallets wide for Trump's second inauguration – contributing over $170 million to shatter previous record
By bellecarter // 2025-01-21
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  • Corporate America has contributed unprecedented sums, exceeding $170 million, to Donald Trump's second inauguration, marking a significant shift in business relationships with the president.
  • Major corporations, including tech giants like Amazon, Meta, Google and Microsoft, as well as auto manufacturers and pharmaceutical companies, have increased their donations, some more than tripling their contributions from previous inaugurations.
  • The surge in donations reflects a change in corporate America's view of Trump, moving from initial skepticism to a desire to curry favor with the unpredictable but influential figure.
  • Companies are more transparent in announcing their donations, signaling a shift in attitude towards Trump compared to his first inauguration and the aftermath of the Jan. 6, 2021, Capitol insurrection.
  • The record-breaking fundraising underscores a broader trend of corporations hedging their bets in a polarized political landscape, with businesses seeking influence and access in the new administration.
Corporate America has poured unprecedented sums into President Donald Trump's swearing-in ceremony and related events, signaling a dramatic shift in the business world's relationship with the polarizing political figure. According to the New York Times, Trump's inaugural committee has raised more than $170 million, shattering the previous record set during his first inauguration in 2017. This surge in donations reflects a calculated effort by major corporations to curry favor with a man known for his unpredictability and penchant for rewarding loyalty – or punishing perceived slights. Tech giants like Amazon, Meta, Google and Microsoft, along with CEOs from Apple and OpenAI, are among the top contributors. Auto manufacturers, pharmaceutical companies and financial firms have also opened their checkbooks, with many publicly announcing their donations months before federal disclosure requirements kick in. This marks a stark contrast to Trump's first inauguration, when corporate America approached him with skepticism, and to the aftermath of the Jan. 6, 2021, Capitol insurrection, when many companies distanced themselves from him. The record-breaking fundraising haul underscores a significant change in how corporate America views Trump. During his first campaign and presidency, many companies were hesitant to align themselves with a figure whose rhetoric and policies often sparked controversy. However, eight years later, businesses appear to have adapted to Trump's transactional style of governance. "The stigma of a Trump donation, which was out there to some degree eight years ago, is no longer there," said Brian Ballard, a longtime Trump fundraiser who has helped raise money for the Presidential Inaugural Committee. "Who knows what's going to happen two months from now? But for today, up and down, corporate America is solidly pro-Trump." This shift is evident in the size and transparency of the donations. Microsoft, for example, contributed $1 million – doubling its donations for Trump's 2017 and former President Joe Biden's 2021 inaugurations. Google, which gave $285,000 to both Trump's first inauguration and Biden's, more than tripled its contribution to $1 million this time.

Big names, big checks

The list of donors reads like a who's who of corporate America. Tech giants Amazon, Meta, Google and Microsoft each contributed at least $1 million, as did the CEOs of Apple and OpenAI. Auto manufacturers Toyota, Ford and General Motors also donated $1 million a piece, alongside pharmaceutical giant Pfizer, telehealth company Hims & Hers, and tax service Intuit. Robinhood, the stock trading app, contributed $2 million. (Related: A strategic investment: Meta donates $1M to Trump inauguration fund.) In a sign of how eager these companies are to publicize their support, spokespeople for many firms quickly confirmed their donations to Politico. Chevron and Bank of America also acknowledged contributions but declined to specify amounts. "Everyone's trying to kiss the ring and curry favor with the new administration," said a healthcare lobbyist granted anonymity to discuss internal deliberations. "We're hopeful this new administration will be friendlier than the previous one." The surge in donations reflects a broader trend of corporations hedging their bets in an increasingly polarized political landscape. Trump's second inauguration comes amid ongoing legal battles, including felony convictions and promises to pardon participants in the Jan. 6 insurrection. Yet, these controversies have done little to deter corporate America from seeking influence with the incoming administration. The record-breaking fundraising for Trump's second inauguration highlights the evolving relationship between corporate America and the president. Once viewed with skepticism, Trump is now seen as a figure whose favor is worth courting, even at a high price. For businesses, the donations represent a calculated investment in access and influence, as well as an acknowledgment of Trump's enduring impact on American politics. Head over to Trump.news to read updates on the historic inauguration of the 45th and now the 47th president of the United States. Watch the video below that talks about some popular left-wingers deflecting to the "Trump Camp." This video is from the InfoWars channel on Brighteon.com.

More related stories:

Elon Musk was the top political donor for the 2024 election, having contributed over $250 million to Trump's and other Republicans' campaigns. As Trump prepares to retake the Oval Office, calls for an investigation into the "office"l” results of the 2020 election intensify. DNC fundraiser now critical of party's "$1 billion disaster" of a presidential campaign. Trump to sign executive order designating cryptocurrency as a national priority on inauguration day.

Sources include:

ZeroHedge.com Statista.com Politico.com Brighteon.com
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