Billionaires and their companies line up to donate for Trump
Meanwhile, there is a lot of ruckus among top-notch companies, especially those based in Silicon Valley, about donating in Donald Trump’s inauguration ceremony. The likes of Mark Zuckerberg, Jeff Bezos, and many others have donated in millions for this gala inauguration ceremony, with many other companies waiting in line to bring in funds for this prestigious event. But, the question arises: Why this sudden pandemonium regarding donating towards Trump’s ceremony?
Are companies expecting relaxations from the Trump administration?
Reports suggest that it could be because the companies are hoping for a business-friendly behavior from the Trump administration, and executive powers are not used to cripple any company. Trump, on numerous occasion before becoming the President-elect has threated top companies with different statements on what he would do if he comes to power, and when that has become a reality, companies may be fearing what’s going to happen next.
These donations are majorly being seen as a gesture and effort by companies to keep Trump appeased. A Rolling Stone report also suggests that his people may be keeping a close track on who is spending what on the inauguration ceremony, in order to monitor the chunk of cash flowing in for this prestigious event.
FAQs:
Is Donald Trump the reigning US President?
No, as of now, Joe Biden is the reigning US President, but Trump will be taking over the reigns soon, after the gala inauguration ceremony on January 20 next year.
When is the inauguration ceremony of Donald Trump?
Donald Trump’s inauguration ceremony is going to be held at the US Capitol on January 20, 2025.
Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
