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Trump's 2025 Inaugural Fundraising Sets Record With $239 Million

Massive contributions from corporations, cryptocurrency firms, and U.S. subsidiaries of foreign entities raise questions about donor influence and transparency.

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President Donald Trump speaks after being sworn in during his inauguration at the Capitol on January 20, 2025.
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President Trump during the 60th presidential inauguration parade at Capital One Arena in Washington on Jan. 20, 2025.

Overview

  • The Trump Vance Inaugural Committee raised $239 million, more than double the previous record for an inauguration, according to FEC filings released on April 20, 2025.
  • Pilgrim's Pride, owned by Brazilian conglomerate JBS, was the largest donor at $5 million, followed by Ripple Labs ($4.9 million) and Robinhood ($2 million).
  • Several major donors have since been nominated for high-ranking government roles, including ambassadorships and NASA leadership positions, raising conflict-of-interest concerns.
  • Foreign contributions are barred, but U.S. subsidiaries of foreign companies, such as Pilgrim's Pride, are legally allowed to donate, fueling scrutiny of potential foreign influence.
  • Surplus funds from the record-breaking haul are slated for Trump's planned presidential library and affiliated charities, prompting debate over ethical fund usage and transparency gaps.