3 sources·Business

Corporate America Donates Big to Trump's Inauguration Fund

Major corporations, including Ford and Amazon, are contributing $1 million each to Donald Trump's inaugural fund, seeking to influence his administration's policies.

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Updated: Dec 26th, 2024, 4:09 PM ET

Summary

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As Donald Trump prepares for his return to the presidency, major corporations are contributing significant funds to his inaugural committee, with influential companies like Ford, Amazon, and Meta each pledging $1 million. This financial support is perceived as an attempt to curry favor with the incoming administration, which is rumored to propose further corporate tax cuts. Many companies are reversing their previous hesitance and engaging directly with Trump’s team, hoping to foster relationships that may benefit their interests in the new political landscape.

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Corporate America Donates Big to Trump's Inauguration Fund - Pano News