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Trump Has Reeled in More Than $200 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.
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.
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.
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.
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.
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.”
News
The New Harvard Trend? Getting Punched in the Face.
Her opponent at the Babson fight night was her Harvard teammate Muskaan Sandhu, 18, a freshman, who had sparred before. No one likes getting hit, Ms. Sandhu said, but she liked learning that she could take a punch.
It made her feel she could do anything. “After the fight, I never felt so capable in my life,” she said.
Modern life — lived on screens or amid the constant distraction of screens — can feel isolating. She sees boxing as a way to engage with people. “You feel really human,” she said. “You feel a connection with the person you’re fighting. Like we’re in this together.”
Mr. Lake said he intended for Harvard’s club to join the National Collegiate Boxing Association, a nonprofit that provides structure and safety rules. The N.C.B.A. represents about 840 athletes, an 18 percent increase from a year ago, said the group’s president, George Chamberlain, who coaches the University of Iowa’s boxing club.
The well-attended fight night at Babson, which also included boxers from Brandeis University, reflected the growing interest.
Before it began, a volunteer passed out waiver documents. Most of the boxers immediately flipped to the end and signed. Mr. Jiang, of Harvard, appeared to be the only one who read it.
He was a mixed martial arts fan who resolved to try a combat sport in college. “I like the technique side of it,” Mr. Jiang said of boxing, “the science behind the sport.”
His fight plan, he explained, was to control the action with his jab and occasionally throw the right hand, to maintain good defense and try to tire out his opponent.
It seemed a solid strategy — though, as the heavyweight Mike Tyson famously noted, everyone has a plan until they get punched in the face.
News
Frontier Airlines plane hits person on runway during takeoff at Denver airport
A Frontier Airlines plane hit a person on the runway of Denver’s international airport during takeoff, sparking an engine fire and forcing passengers to evacuate, authorities said.
The plane, headed to Los Angeles, “reported striking a pedestrian during takeoff” at about 11.19pm on Friday, the Denver airport’s official X account wrote.
Neither the airport nor the airline has disclosed the person’s condition.
“We’re stopping on the runway,” the pilot of the plane involved told the control tower at one point, according to the site ATC.com. “We just hit somebody. We have an engine fire.”
The pilot told the air traffic controller they have “231 souls” on board – and that an “individual was walking across the runway”.
The air traffic controller responded that they were “rolling the trucks now” before the pilot told the tower they “have smoke in the aircraft”.
“We are going to evacuate on the runway,” the pilot added.
Frontier Airlines said in a statement that flight 4345 was the one involved in the collision – and that “smoke was reported in the cabin and the pilots aborted takeoff”. It was not clear whether the smoke was linked to the crash with the person.
The plane, an Airbus A321, “was carrying 224 passengers and seven crew members”, the airline said. “We are investigating this incident and gathering more information in coordination with the airport and other safety authorities.”
Passengers were then evacuated using slides, and the emergency crew bused them to the terminal.
Denver’s airport said the National Transportation Safety Board (NTSB) had been notified and that runway 17L – where the incident took place – will remain closed while an investigation is conducted.
Friday’s episode at Denver’s airport came one day after a Delta Airline employee died on Thursday night at Orlando’s international airport when a vehicle struck a jet bridge next to an airplane with passengers onboard, as the local news outlet WESH reported.
Meanwhile, on 3 May, a United Airlines plane arriving in Newark, New Jersey, from Venice, Italy, clipped a delivery truck and a light pole, which in turn struck a Jeep. Only the delivery truck driver was injured, but the plane was damaged extensively and the NTSB classified the case as an accident while also opening an investigation.
News
Video: How Trump Is Prioritizing White People as Refugees
new video loaded: How Trump Is Prioritizing White People as Refugees
By Zolan Kanno-Youngs, Gilad Thaler, Stephanie Swart, Jon Miller and Whitney Shefte
May 8, 2026
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