Trump's Inauguration Fund Breaks Records with $170 Million Raised

Major corporations and tech leaders contribute millions to the 2025 presidential inauguration, sparking calls for transparency in inaugural fundraising.

President-elect Donald Trump's inauguration committee has raised over $170 million, surpassing previous records, with projections suggesting the total could reach $200 million.
Major donors include corporations like Google, Amazon, Meta, and Ford, alongside tech executives such as OpenAI CEO Sam Altman and Apple CEO Tim Cook, each contributing $1 million.
The Federal Election Commission mandates disclosure of donations over $200 within 90 days of the inauguration but imposes no limits on donation amounts or transparency requirements for expenditures.
Senate Democrats, led by Catherine Cortez Masto, are renewing efforts to pass the Inaugural Committee Transparency Act, which would require detailed reporting and regulate the use of surplus funds.
Critics have raised concerns about the lack of oversight and potential for unspent funds to be diverted for purposes such as a presidential library, highlighting the need for stronger accountability.