We have 24 days left before we finally see the end of Joe Biden’s disastrous presidency and the inauguration of Donald Trump. Planning and preparing are going on in earnest, and big companies and individuals are donating big bucks to try and cozy up to the incoming administration.
Although the actual swearing-in ceremony is funded by taxpayer dollars and is overseen by the Joint Congressional Committee on Inaugural Ceremonies, there are all sorts of parties, balls, and events that need to be paid for. Big tech, car companies, hedge fund billionaires, you name it—they’ve been ponying up:
Multiple companies and individuals have revealed plans to donate at the $1 million-level, including online retail giant Amazon, Ford Motor Company and hedge fund billionaire Ken Griffin. Some have given even more: Cryptocurrency firm Ripple is contributing $5 million in its digital currency, XRP, to the inauguration, according to a company official.
Auto companies want to get off on the right foot with Trump as he has made trade and possible tariffs a central part of his strategy.
Car companies and other top CEOs are rushing to donate millions of dollars to the president elect’s inauguration fund before Trump, 78, enters the Oval Office on Jan. 20 — with Toyota being the latest to hand over the cash.
A rep for the Japan-based automotive manufacturer confirmed it had contributed $1 million to the fund in a statement to The Post on Christmas Eve.
Toyota’s contribution came after Ford and General Motors both said they would also be shelling out $1 million for the incoming president’s fund, Reuters reported.
Trump has floated a 25% tax on all imports coming from the Mexico, potentially hampering Toyota, which manufactures their Tacoma pickup truck there.
“The first term, everybody was fighting me,” Trump said during a recent Mar-a-Lago press conference. “In this term, everybody wants to be my friend.” […]
— Read More: redstate.com
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