{"id":2425754,"date":"2025-04-21T12:18:02","date_gmt":"2025-04-21T16:18:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-sets-new-record-with-239-million-raised-for-inauguration-committee\/"},"modified":"2025-04-21T12:24:05","modified_gmt":"2025-04-21T16:24:05","slug":"trump-sets-new-record-with-239-million-raised-for-inauguration-committee","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-sets-new-record-with-239-million-raised-for-inauguration-committee\/","title":{"rendered":"Trump sets new record with $239 million raised for inauguration committee"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-sets-new-record-with-239-million-raised-for-inauguration-committee%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2425754&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>President Donald Trump raised an unprecedented $239 million for his inauguration committee, significantly surpassing the $107 million raised for his 2017 inauguration. This impressive total was supported by substantial contributions from around 140 individuals and companies, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/starbucks-to-close-7-san-francisco-locations\/\" title=\"Starbucks shutting down 7 San Francisco stores.\">including major corporations<\/a> like Amazon, Target, Meta, and jpmorgan Chase. The largest donations came from Pilgrim&#8217;s, Ripple, and Warren Stephens.<\/p>\n<p>The <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kamala-harris-was-praised-for-giving-to-blm-bail-funds-while-donors-to-kyle-rittenhouse-fund-are-being-doxxed\/\" title=\"Kamala Harris Was P... For Giving To BLM Bail Funds, While Donors To Kyle Rittenhouse Fund Are Being Doxxed\">funds raised<\/a> are about a fifth of the $1.2 billion collected by Trump&#8217;s campaign and the Republican National Committee as he announced his candidacy in November 2022. In contrast, former President Joe Biden raised $62 million for his inauguration during the COVID-19 pandemic.<\/p>\n<p>While inaugurations typically cost less than the money raised, it is anticipated that any surplus will be allocated towards Trump&#8217;s presidential library or related initiatives, though the committee is not obligated to disclose the specifics of the spending. Concerns have been raised about the growing amounts donated to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/tom-hanks-will-narrate-video-celebrating-bidens-first-year\/\" title=\"Tom Hanks Will Narrate Video Celebrating Biden\u2019s First Year\">inaugural committees<\/a>, with some viewing it as a means for wealthy entities to influence the <a href=\"https:\/\/amzn.to\/3YuVZYV\">newly elected president<\/a>.<\/p>\n<p>Trump&#8217;s fundraising efforts for both of his inaugurations total $346 million, outpacing all previous inaugural fundraising combined since Richard Nixon&#8217;s inauguration in 1973. this substantial support reflects the enthusiasm surrounding Trump&#8217;s administration and his agenda.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump sets new record with $239 million raised for inauguration committee<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2099936\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Donald Trump<\/a> raised a record-shattering $239 million for his <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/trump-inauguration\/\" target=\"_blank\" rel=\"noopener\" title=\"\">inauguration<\/a> festivities, buoyed by generous donations from large companies.<\/p>\n<p>The haul more than doubled his 2017 <a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3284023\/what-to-expect-from-the-inauguration-in-dc\/\" target=\"_blank\" rel=\"noopener\" title=\"\">inauguration<\/a> record of $107 million. Around 140 different people and companies gave the committee at least a million dollars.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/washington-secrets\/3386014\/democrats-deportations-abrego-garcia-poll\/\">Missed message: Democrats and Hispanics demand deportations<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3385924\/el-paso-texas-walmart-shooting-patrick-crusius-plead-guilty\/\">El Paso Walmart mass shooter to plead guilty to capital murder<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3385859\/white-house-stands-by-pete-hegseth-signal-allegations\/\">White House stands by Pete Hegseth amid new Signal allegations<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>Companies such as Amazon, Target, Meta, and JPMorganChase donated to Trump&rsquo;s inaugural committee. The largest donations came from poultry producer Pilgrim&rsquo;s, which gave $5 million, crypto company Ripple, which gave just under $5 million, and Warren Stephens, who gave $4 million and later became ambassador to Britain.<\/p>\n<p>The inauguration cash haul was about a fifth of the $1.2 billion the Trump campaign and the Republican National Committee raised since Trump launched his campaign in November 2022. The amount also dwarfed the $62 million former President Joe Biden raised during his COVID-29-affected inauguration.<\/p>\n<p>Inaugurations often cost less than the amount raised for the committee, and it&rsquo;s expected that excess funds will be used for Trump&rsquo;s presidential library or other efforts. The committee isn&rsquo;t required to disclose how it spends the money. Some people have said it&rsquo;s not good to see the amount donated to inaugural committees rise.<\/p>\n<p>&ldquo;It&rsquo;s not actually a good thing to see that number go up,&rdquo; Max Stier, president and CEO of the nonpartisan Partnership for Public Service,<a href=\"https:\/\/www.cnn.com\/2025\/04\/20\/politics\/trump-inaugural-committee-fundraising-total\/index.html\" target=\"_blank\" rel=\"noopener\" title=\"\"> told<\/a> CNN. &ldquo;It&rsquo;s an indication of a mechanism for moneyed interests to direct cash to a newly elected president to curry favor.&rdquo;<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/finance-and-economy\/2998312\/congressional-review-act-what-to-know\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>CONGRESSIONAL REVIEW ACT: WHAT TO KNOW ABOUT THE TOOL REPUBLICANS HOPE TO USE TO UNDO BIDEN RULES<\/strong><\/a><\/p>\n<p>Trump&rsquo;s total inauguration haul through both of his inaugurations is $346 million, more than all other inaugural committees combined since former President Richard Nixon&rsquo;s $4 million in 1973.<\/p>\n<p>Trump&rsquo;s total inauguration haul for both terms is $346 million, more than the combined haul of all other inaugural committees since former President Richard Nixon&rsquo;s $4 million in 1973.<\/p>\n<p>&ldquo;It&rsquo;s a testament to the excitement surrounding his historic win, his inaugural celebration, and the kickoff to his common-sense, America first agenda,&rdquo; Danielle Alvarez, a spokeswoman for the inaugural committee, <a href=\"https:\/\/www.wsj.com\/politics\/policy\/trump-inauguration-funding-record-breaking-ae6a811e\" target=\"_blank\" rel=\"noopener\" title=\"\">told the<\/a> <em>Wall Street Journal<\/em>. &ldquo;To date, he has delivered on promise after promise: securing our border, building up our economy, and peace through strength on the world stage.&rdquo;<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2099936\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2099936\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump raises record $239 million for inauguration committee<\/p>\n","protected":false},"author":1,"featured_media":2425755,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/donald-trump-gaza-netanyahu-1024x592.webp","fifu_image_alt":"","footnotes":""},"categories":[33651,538],"tags":[15467,53824,3634],"class_list":["post-2425754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","category-washington-examiner","tag-fundraising","tag-inauguration-2","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/02\/donald-trump-gaza-netanyahu-1024x592.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2425754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2425754"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2425754\/revisions"}],"predecessor-version":[{"id":2425759,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2425754\/revisions\/2425759"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2425755"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2425754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2425754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2425754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}