Trump Has Reeled in More Than $200 Million Since Election Day

[BumRushDaShow]

Source: New York Times

Jan. 4, 2025, 5:01 a.m. ET


Since his victory in November, President-elect Donald J. Trump’s allies have raised well over $200 million for a constellation of groups that will fund his inauguration, his political operation and eventually his presidential library, according to four people involved in the fund-raising. It is a staggering sum that underscores efforts by donors and corporate interests to curry favor with Mr. Trump ahead of a second presidential term after a number of business leaders denounced him following the violence by his supporters at the Capitol on Jan. 6, 2021.

Mr. Trump has promised to gut the “deep state” and made various promises to industry supporters. Among the pledged donors for the inaugural events are Pfizer, OpenAI, Amazon and Meta, along with cryptocurrency firms. The total haul for the committee financing his inaugural festivities — at least $150 million raised, with more expected — will eclipse the record-setting $107 million raised for his 2017 inauguration, according to three people briefed on the matter who requested anonymity because they were not authorized to share internal financial information.

Other committees benefiting from the fund-raising blitz include a super PAC called Make America Great Again Inc. and its associated nonprofit group, which is expected to be used by Mr. Trump’s team to back his agenda and candidates who support it, while opposing dissenters.

Mr. Trump has boasted about the haul, telling people during the Christmas holiday season that he had raised more than $200 million since the election. Mr. Trump’s team has repeatedly noted how many people have wanted to find ways to donate to him since his election win. The Trump transition and inaugural committee did not return emails seeking comment about the fund-raising haul.

Read more: https://www.nytimes.com/2025/01/04/us/politics/trump-inaugural-donations.html

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No paywall (gift)

[Irish_Dem]

1. This is just the money we know about.

I am sure there are covert bribes as well.

[DENVERPOPS]

18. Like his dinners at Maralago

One rumor was 100-200K a plate..............definitely either Bribery or Extortion, but directly into his pockets..

Of course his "PAC" can be spent for anything he desires

Anyone know if he gets to keep what remains of the inauguration after the inauguration???? Seems last time he had an all out temper tantrum when he learned the money wasn't his, and could only be spent on the inauguration..........Didn't matter, he found insiders inside his company that were given ludicrous amounts for "flower arranging", etc. He paid them little and kept the rest !!??!!!

He offered the Oil Gas Industry free reign over the EPA and Dept of Interior if they would donate ONE BILLION.....

I imagine any legal accusations or court cases will end up in the USSC this time around, and they are all his pet poodles.....

[Irish_Dem]

27. Trump will keep all the money if he wants.

No one will stop him.

He knows how to work the system this time and the courts will back him.

Yes of course anyone coming to MAL to meet him does not come empty handed.
Cash is required to even meet Trump.

[jvill]

2. Bribes out in the open. US democracy is a joke. US justice is a joke.

[DENVERPOPS]

19. The best government/politicians

money can buy, and they aren't even trying to hide or disguise it..............

[FakeNoose]

29. Yep - and there's no accounting for it as it all goes into his pocket

We already KNOW he'll never run for office again. So these aren't even legitimate "campaign" contributions.

[RussBLib]

3. any word on how much Biden collected for his Inauguration? Or Obama?

Last edited Sat Jan 4, 2025, 06:01 PM - Edit history (1)

...just for comparison?

didn't read the full story yet.

https://russblib.blogspot.com

[BumRushDaShow]

5. For Obama's first (2009)

Obama's inauguration set to be the most expensive in US history


Ewen MacAskill in Washington
Wed 14 Jan 2009 11.46 EST


President Barack Obama's inauguration next week is set to be the most expensive ever, predicted to reach over $150m (£102m). This dwarfs the $42.3m spent on George Bush's inauguration in 2005 and the $33m spent on Bill Clinton's in 1993.

Part of the spending includes emergency funding announced by the White House on Tuesday to help with the soaring costs. Most of this new federal funding will be to deal with the huge influx of people, estimated 1.5 million to 2 million. A White House statement said that President Bush "declared an emergency exists in the District of Columbia".

If there is snow, the costs will grow higher. The long-term forecast suggests there is a chance of snow on Sunday and again on the day of inauguration, on Tuesday.

Carole Florman, spokeswoman for the joint congressional committee on inaugural ceremonies, told the New York Daily News, which estimated the cost at $160m: "We're always very budget conscious. But we're sending a message to the entire world about our peaceful transition of power, and you don't want it to look like a schlock affair. It needs to be appropriate to the magnitude of events that it is."

(snip)

Biden's was less than 1/2 of Obama's 2009 one because most of it was "virtual" due to the pandemic -

Pfizer, unions, others donated $61.8 mln for Biden's inaugural

April 21, 20211 2:01 PM EDT Updated 4 years ago


WASHINGTON, April 21 (Reuters) - U.S. President Joe Biden raised $61.8 million for his inauguration events, receiving large contributions from corporations, labor unions and wealthy individuals, according to a financial disclosure.

The Democratic president's inaugural committee took in $1 million in contributions each from about 10 big companies, including Pfizer Inc (PFE.N), the maker of one of the COVID-19 vaccines being deployed in the United States, as well as from AT&T Services Inc (T.N), Bank of America Corp (BAC.N), and Boeing Co (BA.N).

Corporations making $1 million donations also included Uber Technologies Inc (UBER.N) Lockheed Martin Corp (LMT.N), and Qualcomm Inc (QCOM.O), according to the filing submitted on Tuesday with the Federal Election Commission.

The committee also received $1 million from the International Brotherhood of Electrical Workers, a major labor union.
About a dozen individuals donated $500,000 each, according to the filing.

(snip)

[RussBLib]

9. Thanks. Sometimes....

...I forget that I can use a Google search. I think I've noticed that info easily obtained is also info easily forgotten. Or maybe it's just me.

That 2nd article went on to say Trump took in 106mln for his 2017 Inauguration. This year, over $200 mln, and you know he's gonna keep a hefty cut of that. It's like a frikkin' criminal enterprise.

[BumRushDaShow]

13. 45 has hefty legal fees

which is probably why the begathons continue. Endless appeals (having done them earlier multiple times already) along with the filing of frivolous nonsense suits.

He also has that big judgement for tax fraud in NY state (although that over $1/2 billion levied, has been speculated to probably be reduced some by the NY appeals court).

[4catsmom]

4. This is why he ran

to collect tribute from the cowardly and fellow greedy guts

[JoseBalow]

7. And that's why he will try to run again in 2028

Regardless his eligibility or the law. He will NEVER walk away from such a lucrative grift.

[Polybius]

20. While he has defeated some pretty good politicians...

He can't defeat Father Time. I don't see many 82 year old's winning national elections, especially those in steep decline.

[JoseBalow]

21. Winning is besides the point

The point is to keep the grift going by "running" and raking in the cash. Announcing his 2028 intentions to run will be one of his first orders of business after the inauguration.

[Polybius]

22. 2024 was one thing, since he always had a chance of winning

But 2028 wouldn't be taken seriously, even if he was 20 years younger. The 22nd is pretty clear, unlike other Amendments.

[JoseBalow]

23. I'm saying it doesn't matter, and he doesn't care

He will never walk away from the campaign gravy train, not with all those rubes willing to throw money at him.

He'll get someone to suggest running again, then "we're looking at it seriously," and "people are saying," yadda yadda yadda. Meanwhile, "keep sending me money."

Plus he will just hate being called a lame duck.

[C0RI0LANUS]

6. A bunch of rich f#@(* a$$holes kissing the a$$ of an orange $hit-gibbon. Please pardon my profanity.

[brush]

8. Wonder how much will be skimmed off the top?

Melania, trump and others got theirs but there was so much talk about the crowd being the largest ever (it wasn't), that the skimming went unnoticed until later.

It'll happen again.

[pfitz59]

10. There has never been an accounting from Trump's last inauguration.

I expect even more grift this time around.

[brush]

11. Absolutely.

[FredGarvin]

12. Someone should do something

to stop money in politics.

lulz

[Evolve Dammit]

17. Scotus took care of that.

[Buddyzbuddy]

14. How appropriate, "reeled in'

As in fish caught on a hook with bait. People as unaware of the danger as a fish. Dumb.

[Blue Owl]

15. Really not that impressive

[Evolve Dammit]

16. Library??? He doesn't read

[LastLiberal in PalmSprings]

24. Does it cost $200 million to convert an old McDonald's into a presidential library?

You know Felon47 will be making mucho bucks from it, much it from taxpayers.

[ancianita]

25. As he guts the deep state he'll be establishing the deep corporate.

[cstanleytech]

26. Which he usually couldn't keep but he'll probably launder the money by paying for events on his own properties.

[republianmushroom]

28. All in small bills ?

[dlk]

30. The money and the grift to obtain it, is the reason for it all

Pathological avarice...

[Aussie105]

31. Shame!

But not unexpected.
Other than feeding his ego, Trump's motivation has always centred on the accumulation of money.

But it is dead money, and won't be used for anything that benefits American society.

Hopefully very little came out of the pockets of common people who might have been able to do something useful with the money - like buy food, pay bills.