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Trump’s Inaugural Fundraising Hits Record $239 Million, Raising Transparency Concerns

New filings reveal major corporate, crypto, and foreign-subsidiary donations, with surplus funds earmarked for a presidential library.

President Donald Trump speaks after being sworn in during his inauguration at the Capitol on January 20, 2025.
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Overview

  • The Trump Vance Inaugural Committee raised $239 million for the 2025 inauguration, more than doubling the previous record for such events.
  • Top donors included Pilgrim’s Pride, a U.S. subsidiary of Brazilian company JBS, which contributed $5 million, and cryptocurrency firms like Ripple Labs, Robinhood, and Coinbase.
  • Major technology firms, including Amazon, Alphabet, and Meta, each donated $1 million to the committee.
  • Several large donors, such as Warren Stephens and Jared Isaacman, were later nominated for key administration roles, prompting concerns over potential donor influence.
  • Watchdog groups and lawmakers are calling for stricter oversight and federal legislation to increase transparency in inaugural fundraising and spending.