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Politics: Companies Donate To Trump Inauguration

POLITICS: Companies Donate To Trump Inauguration

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Corporations are donating to Donald Trump’s inauguration fund.

Ford, Toyota, Intuit, Pharmaceutical Research, Manufacturers of America, General Motors, Bank of America, AT&T, Goldman Sachs, Stanley Black & Decker, Amazon, Charter Communications and Uber Technologies all donated to Trump’s inauguration fund.

The Washington Examiner reported:

Corporations that had pledged to suspend political action committee donations in the wake of the Jan. 6 insurrection are rushing to help fund President-elect Donald Trump’s second inauguration.

According to reporting from the Wall Street Journal, Ford, Toyota, Intuit, and Pharmaceutical Research and Manufacturers of America are each giving $1 million. Other big donors include General Motors, Bank of America, AT&T, Goldman Sachs, and Stanley Black & Decker.

“People just really want to move forward and move on. The election results were very clear,” said a representative at one of the companies, speaking to the Wall Street Journal.

Amazon and Charter Communications each contributed $1 million to Trump’s inaugural fund. Uber Technologies is donating $1 million in addition to another $1 million from CEO Dara Khosrowshahi, a $1 million increase from Biden’s.

Many of these companies suspended or were going to reconsider political donating after Jan 6th.

Wall Street Journal reported:

Now, many of those companies are lining up to fund Donald Trump’s inauguration. The Wall Street Journal has identified at least 11 companies and trade associations that are backing the inauguration, which is on track to bring in a record fundraising haul, after earlier pledging to suspend or reconsider political-action committee donations after Jan. 6, 2021. Ford Intuit, Toyota and the Pharmaceutical Research and Manufacturers of America are each giving $1 million.



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