Business Leaders Shift Support to Trump's Inauguration

📆 2024-12-25 23:55:00

Politics Nyheter

Trump,Inauguration,Business

After pausing donations to pro-Trump organizations following the 2020 election, major corporations are now contributing significantly to Donald Trump's inauguration fund. Companies like Ford, Toyota, and General Motors have pledged $1 million each, while others like Amazon and Uber have also made substantial donations. This shift reflects a desire to rebuild relationships with the incoming president and influence his policies.

📆 2024-12-25 23:55:00
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in 2021 in an attempt to reverse the results of the presidential election, many companies paused donations and political contributions to organizations associated with Trump or any lawmaker who voted against certifying the results of the election. However, that outlook has now changed as business leaders work to rebuild relationships with the incoming president who is expected to have a major affect on their company’s outlook in the future.

“People just really want to move forward and move on. The election results were very clear,” said a representative at one of the companies, speaking to theand his team in an attempt to get the incoming administration on their side. Trump has met with the leaders of Amazon, Google, Eli Lily, Meta, Pfizer and others within the last month.to the industry and has vowed to ease regulatory burdens, which did not happen under the Biden administration or in the 118th Congress.

Amazon and Charter Communications each contributed $1 million to Trump’s inaugural fund. Uber Technologies is donating $1 million in addition to another $1 million from CEO Dara Khosrowshahi, a $1 million increase from Biden’s. Officials working on Trump’s inauguration are reporting they are likely to raise more than the $107 million that they brought in for the incoming president’s first inauguration.

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