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Trump Has Reeled in More Than $200 Million Since Election Day

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Trump Has Reeled in More Than 0 Million Since Election Day

Since his victory in November, President-elect Donald J. Trump’s allies have raised well over $200 million for a constellation of groups that will fund his inauguration, his political operation and eventually his presidential library, according to four people involved in the fund-raising.

It is a staggering sum that underscores efforts by donors and corporate interests to curry favor with Mr. Trump ahead of a second presidential term after a number of business leaders denounced him following the violence by his supporters at the Capitol on Jan. 6, 2021.

Mr. Trump has promised to gut the “deep state” and made various promises to industry supporters. Among the pledged donors for the inaugural events are Pfizer, OpenAI, Amazon and Meta, along with cryptocurrency firms.

The total haul for the committee financing his inaugural festivities — at least $150 million raised, with more expected — will eclipse the record-setting $107 million raised for his 2017 inauguration, according to three people briefed on the matter who requested anonymity because they were not authorized to share internal financial information.

Other committees benefiting from the fund-raising blitz include a super PAC called Make America Great Again Inc. and its associated nonprofit group, which is expected to be used by Mr. Trump’s team to back his agenda and candidates who support it, while opposing dissenters.

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Mr. Trump has boasted about the haul, telling people during the Christmas holiday season that he had raised more than $200 million since the election. Mr. Trump’s team has repeatedly noted how many people have wanted to find ways to donate to him since his election win.

The Trump transition and inaugural committee did not return emails seeking comment about the fund-raising haul.

David Tamasi, a lobbyist who has raised money for Mr. Trump, dismissed a suggestion that corporate interests were giving to avoid Mr. Trump’s wrath, though he acknowledged that some donors may be trying to atone for having previously maintained distance from the president-elect.

“It is a time-honored D.C. tradition that corporations are enthusiastically embracing this cycle in all manners, largely because they were on the sidelines during previous Trump cycles,” he said. “They no longer have to hedge their political bets.”

Inaugural committees can accept unlimited contributions from individuals and corporations, but not foreign nationals. Major corporations that try to avoid partisan politics have long donated to inaugural funds to signal a willingness to work with new administrations and support for the democratic transfer of power, regardless of the incoming president’s party.

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But there is cross-pollination among top fund-raisers for Mr. Trump’s inauguration and his political efforts, including several partners at lobbying firms that represent major corporate interests. Raising money for the inauguration can help lobbyists secure access for clients, and cachet for themselves with the incoming administration.

Among the four finance chairs for Mr. Trump’s inaugural committee are the lobbyist Jeff Miller and Reince Priebus, a former chief of staff in the Trump White House who is not a lobbyist but is chairman of the board of advisers of the lobbying firm Michael Best Strategies. Their firms represent companies with much at stake in the forthcoming administration, some of which plan to donate to the inauguration.

Mr. Miller’s firm, Miller Strategies, represents Pfizer and the Pharmaceutical Research and Manufacturers of America, each of which has pledged donations. Their executives met after the election at Mar-a-Lago with Mr. Trump and his choice for health and human services secretary, Robert F. Kennedy Jr., amid concerns about how the drug industry might be affected by Mr. Kennedy, a vaccine skeptic.

Since the election, Mr. Miller’s firm has registered to lobby for the ride-share tech company Uber, which has donated $1 million, as has, separately, its chief executive Dara Khosrowshahi. The firm also represents the tech company OpenAI, whose chief executive, Sam Altman, plans to give $1 million. Michael Best Strategies has represented the cryptocurrency firm Ripple for nearly four years. It has pledged $5 million in its own cryptocurrency, XRP — among the largest known donations to the inaugural committee.

After the election, Ripple retained the lobbyist Brian Ballard, a top Trump fund-raiser.

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Another Ballard client, Robinhood, a leading cryptocurrency trading platform, has donated $2 million.

“We look forward to working with President Trump and the incoming administration to drive positive change in the markets, be an active voice for customers and pursue our mission to democratize finance for all,” Mary Elizabeth Taylor, Robinhood’s vice president of global government and external affairs, said in a statement.

Other companies associated with cryptocurrency are expected to be major contributors as well, reflecting optimism that Mr. Trump will deliver on his campaign trail promises to dial back federal scrutiny that figures in the industry say have stifled its growth.

Amazon, a Ballard client that found itself crosswise with the first Trump administration, said it planned to donate $1 million in cash.

Donations of at least $1 million grant access to the top package of perks related to several days of festivities in the run-up to the inauguration on Jan. 20, including what are touted as “intimate” dinners with Mr. Trump and Vice President-elect JD Vance, though often with many attendees, as well as black-tie balls after the swearing-in.

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Other entities, ranging from companies like Meta to previous Trump critics like the billionaire Ken Griffin, have made $1 million donations to the inaugural.

Contributions to inaugural committees, which are required to be publicly disclosed to the Federal Election Commission months after the inauguration, are one of the last major opportunities to financially support a second-term president.

Mr. Tamasi and Oswaldo Palomo, who are partners in the lobbying firm Chartwell Strategy Group, raised more than $3 million for the inaugural. Their firm represents companies that could be affected by Mr. Trump’s proposed tariffs, including the South Korean automaker Hyundai and a U.S. subsidiary of the South Korean conglomerate SK Group.

The deadline for donating to the inaugural to be eligible for the perks of the weekend is Jan. 10, according to documents distributed to potential donors.

If the inaugural committee’s fund-raising exceeds the amount budgeted for the festivities, the expectation among fund-raisers is that the excess would be transferred to the committee collecting money toward a presidential library for Mr. Trump after he leaves office, according to two people involved in the effort.

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The Donald J. Trump Presidential Library Fund Inc. was incorporated in Florida on Dec. 20, six days after it was revealed that ABC News had agreed to donate $15 million to Mr. Trump’s future presidential foundation and museum to settle a defamation claim he had brought against the network.

The fund was incorporated by a lawyer in Florida, Jacob Roth, who has previously created Trump groups, including the inaugural committee, according to state corporate records. The purpose of the entity, according to the Florida articles of incorporation, is “to preserve and steward the legacy of President Donald J. Trump and his presidency.”

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US planning to seize Iran-linked ships in coming days, WSJ says | The Jerusalem Post

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US planning to seize Iran-linked ships in coming days, WSJ says | The Jerusalem Post

The US is planning to board and seize Iran-linked oil tankers and commercial ships in the coming days, according to a Saturday report by The Wall Street Journal.

The report noted that these actions would take place in international waters, potentially outside of the Middle East.

The US “will actively pursue any Iranian-flagged vessel or any vessel attempting to provide material support to Iran,” US Chairman of the Joint Chiefs of Staff Gen. Dan Caine said. “This includes dark fleet vessels carrying Iranian oil.”

“As most of you know, dark fleet vessels are those illicit or illegal ships evading international regulations, sanctions, or insurance requirements,” Caine continued.

Caine was further quoted as saying that the new campaign, which would be operated in part by the US Indo-Pacific Command, would be part of a broader US President Donald Trump-led campaign against Iran, known as “Economic Fury.”

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 White House spokeswoman Anna Kelly told the WSJ that Trump was “optimistic” that the new measures would lead to a peace deal.

The potential US military action comes as Iran tightens its grip on the Strait of Hormuz, including attacking several ships earlier on Saturday, the WSJ reported.

The report cited CENTCOM as saying that the US has already turned back 23 ships trying to leave Iranian ports since the start of its blockade on the Strait.

The expansion of naval action beyond the Middle East will provide the US with further leverage against Iran by allowing it to take control of a greater number of ships loaded with oil or weapons bound for Iran, the report noted.

“It’s a maximalist approach,” said associate professor of law at Emory University Law School Mark Nevitt. “If you want to put the screws down on Iran, you want to use every single legal authority you have to do that.”

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Iran claimed earlier on Saturday that it had regained military control over the Strait, intending to hold it until the US guarantees full freedom of movement for ships traveling to and from Iran.

“As long as the United States does not ensure full freedom of navigation for vessels traveling to and from Iran, the situation in the Strait of Hormuz will remain tightly controlled,” the Iranian military stated.

In addition, Iranian Supreme Leader Mojtaba Khamenei declared on Saturday in an apparent message on his Telegram channel that the Iranian navy is prepared to inflict “new bitter defeats” on its enemies.

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Video: The Origins of the Supreme Court’s Shadow Docket

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Video: The Origins of the Supreme Court’s Shadow Docket

new video loaded: The Origins of the Supreme Court’s Shadow Docket

Secret memos obtained by The New York Times illuminate the origins of the Supreme Court’s shadow docket. Our reporter Jodi Kantor explains what these documents reveal about the court.

By Jodi Kantor, Alexandra Ostasiewicz, June Kim and Luke Piotrowski

April 18, 2026

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What’s it like to negotiate with Iran? We asked people who have done it

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What’s it like to negotiate with Iran? We asked people who have done it

A Pakistani Ranger walks past a billboard for the U.S.-Iran peace talks in Islamabad on April 12, 2026. The talks, led by Vice President JD Vance, produced no concrete movement toward a peace deal.

Farooq Naeem/AFP via Getty Images


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Farooq Naeem/AFP via Getty Images

Despite stalled talks with Iran and a fragile ceasefire nearing its end, President Trump expressed optimism this week that a permanent deal is within reach — one that may include Iran relinquishing its enriched uranium. However, experts who spent months negotiating a nuclear agreement during the Obama administration say mutual mistrust, starkly different negotiating styles make a quick truce unlikely.

Referring to Vice President Vance’s whirlwind negotiations in Islamabad last week that appear to have produced little beyond dashed expectations, Wendy Sherman, the lead U.S. negotiator on the Joint Comprehensive Plan of Action (JCPOA) nuclear deal finalized in 2015, says the administration’s approach was all wrong.

“You cannot do a negotiation with Iran in one day,” she told NPR’s Here & Now earlier this week. “You can’t even do it in a week.” To get agreement on the JCPOA, she said, it took “a good 18 months.”

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The talks leading to that deal highlighted Iran’s meticulous style of negotiation, says Rob Malley, who was also part of the JCPOA negotiating team and later served as a special envoy to Iran under President Joe Biden.

Summing up the two sides’ differing styles, Malley said: “Trump is impulsive and temperamental; Iran’s leadership [is] stubborn and tenacious.”

U.S. Secretary of State John Kerry speaks during a news conference on the Iran nuclear talks deal at the Austria International Centre in Vienna, Austria on July 14, 2015.

U.S. Secretary of State John Kerry speaks during a news conference on the Iran nuclear talks deal at the Austria International Centre in Vienna, Austria on July 14, 2015.

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In 2015, patience led to a deal

The talks in 2015, led by Secretary of State John Kerry and Iran’s Foreign Minister Mohammad Javad Zarif, culminated with a marathon 19-day session in Vienna to finish the deal, says Jon Finer, a former U.S. deputy national security adviser in the Biden administration. Finer was involved in the negotiations as Kerry’s chief of staff. He said his boss’s patience “was a huge asset” in getting the deal to the finish line, he said.

Mohammad Javad Zarif, Iran's foreign minister during the negotiations for the Obama-era nuclear deal, speaks on April 22, 2016 in New York.

Mohammad Javad Zarif, Iran’s foreign minister during the negotiations for the Obama-era nuclear deal, speaks on April 22, 2016 in New York.

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“He would endure lectures … ‘let me tell you about 5,000 years of Iranian civilization’… and just keep plowing ahead,” Finer said, adding that a tactic of Iranian negotiators seemed to be “to say no to everything and see what actually matters” to the U.S.

“They’re just maddeningly difficult,” he said. “You need to go back at the same issue 10 or 12 times over weeks or months to make any progress.”

Even so, Finer called the Iranian negotiators “extremely capable” — noting that, unlike the U.S., they often lacked expert advisers “just outside the room,” yet still mastered the details of nuclear weapons, nuclear materials and U.S. sanctions.

“They were also negotiating not in their first language,” Finer added. “The documents were all negotiated in English, and they were hundreds of pages long with detailed annexes.”

Vance’s trip to Islamabad suggests that the U.S. doesn’t have the patience for a negotiation to end the conflict that could be at least as complex and time-consuming. “The Trump administration came in with maximalist demands and actually just wanted Iran to capitulate,” Sherman, who served as deputy secretary of state during the Biden administration, told Here & Now. “No nation – even one as odious as the Iran regime – is going to capitulate.”

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Distrust but verify

Iran was attacked twice in the past year. First in June of last year, as nuclear negotiations were ongoing, Israel and the U.S. struck the country’s nuclear facilities. Months later, at the end of February, Iran was attacked again at the start of the latest conflict. This time around, “the level of trust is probably almost at an all-time low,” Malley said.

“It’s hard for them to take at their word what they’re hearing from U.S. officials,” Malley said. The Iranians, he said, have to be wondering how long any commitment will last and “will be very hesitant to give up something that’s tangible” – such as their enriched uranium – in exchange for anything that isn’t ironclad or subject to suddenly be discarded by Trump or some future president.

“Once they give up their stockpile … they can’t recapture it the next day,” Malley said.

Even during the 2013-2015 nuclear deal talks, the decades of mistrust between Tehran and Washington were impossible to ignore, Finer said. “Our theory was not trust but verify — it was distrust but verify,” he said, adding: “I think that was their theory too.”

Malley cautions about relying on the JCPOA as a guide to how peace talks to end the current war might go. The leadership in Tehran that agreed to the deal is now gone — killed in Israeli airstrikes, he says. The regime’s military capabilities are also greatly diminished and “whatever lessons were learned in the past … have to be viewed with a lot of caution, because so much has changed,” he said.

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Negotiations have a leveling effect

Mark Freeman, executive director of the Institute for Integrated Transitions, a peace and security think tank based in Spain that advises on conflict negotiations, says several factors shape the U.S.-Iran relationship. Going into talks, one side always has the upper hand, he says, but negotiations have a leveling effect. “The weaker party gains just by virtue of entering into a negotiation process,” he said.

Each side is looking for leverage, he adds.

In Iran’s case, it has used its closure of the Strait of Hormuz to exert such leverage, while the White House has shown an eagerness to resolve the conflict quickly. “If one side perceives the other needs an agreement more … that shapes the entire negotiation,” he said.

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