Trump Raises Record $250M for 2025 Inauguration with Corporate and Cryptocurrency Support

Jan 20, 2025, 11:54 AM

President-elect Donald Trump has raised a record-breaking $250 million for his 2025 inauguration, more than doubling the $107 million raised for his 2017 inauguration. The funds, collected by the Trump-Vance Presidential Inaugural Committee, include $1 million donations from major corporations such as Meta, Apple, Amazon, Google, Microsoft, and Uber, as well as significant contributions from cryptocurrency companies like Ripple and Coinbase. Trump has announced plans to issue an executive order on cryptocurrency, further fueling concerns about corporate influence. The event, scheduled for January 20, will feature a ceremony at Capital One Arena in Washington, D.C., following a strict no-bag policy that has led attendees to leave expensive items, including Louis Vuitton bags, outside the venue. Critics have raised alarms over the potential use of surplus funds and the influence of billion-dollar donations on the incoming administration.