Documents released this week by President Donald Trump’s inaugural organizers provide a glimpse of the big-dollar frenzy of influence-seeking and peacemaking surrounding Trump’s swearing-in, which raised $107 million, twice as much money as any other inauguration.
The casino magnate and philanthropist Sheldon Adelson wants some big things from the Trump administration: banning the online poker sites that compete with his luxury casinos, for example, and moving the U.S. Embassy in Israel to Jerusalem.
And while President Donald Trump was not Adelson’s first choice during the Republican primary season last year, he has been generous since: The billionaire donated $5 million to the committee organizing Trump’s inauguration festivities — the largest single contribution given to any president’s inaugural committee.
Some of the country’s wealthiest Republicans and its largest corporations had similar impulses. Documents released this week by Trump’s inaugural organizers provide a glimpse of the big-dollar frenzy of influence-seeking and peacemaking surrounding Trump’s swearing-in, which raised $107 million, twice as much money as any other inauguration.
The stream of money is a striking contrast to the way Trump funded his campaign, chiefly with small donations and his own fortune. While some big checks for the inauguration came from longtime Trump friends and associates, much of the money came from the industries that have traditionally excelled at wielding Washington influence: telecommunications, tobacco and pharmaceutical giants, which have bankrolled presidential inaugurations for Republicans and Democrats alike. And a generous amount came from people who had been hostile to his candidacy.
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