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Trump Inauguration, Awash in Cash, Runs Out of Perks for Big Donors
Trump Inauguration, Awash in Cash, Runs Out of Perks for Big Donors
The president-elect has raised more than $170 million for his swearing-in, an inaugural record, as wealthy Americans flock to curry favor with him and some give money even without the prospect of V.I.P. access.
Construction workers at the Capitol last week. President-elect Donald J. Trump will be inaugurated on Jan. 20.Credit...Tom Brenner for The New York Times
By Theodore SchleiferMaggie Haberman and Kenneth P. Vogel
Reporting from Washington
Jan. 8, 2025
President-elect Donald J. Trump’s inaugural committee is no longer selling tickets for major donors to attend his swearing-in and accompanying private events in Washington, according to five people briefed on the conversations.
The committee has raised over $170 million, according to the people, who insisted on anonymity because they were not authorized to share internal financial information. The haul is so big that some seven-figure donors have been placed on wait lists or have been told they probably will not receive V.I.P. tickets at all because the events are at capacity.
Mr. Trump often talks privately about who has supported him, and the frenzy to donate to his inauguration — even if it comes without the usual exclusive access — underscores the degree to which deep-pocketed donors and corporations are seeking to curry favor with him. Far more than in early 2017 at the start of his first term, corporate America has largely embraced Mr. Trump during his transition, partly out of a desire to get on his good side.
Prospective donors began to be told early this week that no more seats were available for certain events around Washington, according to the people briefed on the conversations. The personalized donation link that fund-raisers had circulated to their networks of major contributors no longer worked on Tuesday and Wednesday. The packages offered to corporate and individual donors had originally been marketed as available through Friday, but they ended early given the extraordinary demand.
{snip}
Theodore Schleifer is a Times reporter covering campaign finance and the influence of billionaires in American politics. More about Theodore Schleifer
Maggie Haberman is a senior political correspondent reporting on the 2024 presidential campaign, down ballot races across the country and the investigations into former President Donald J. Trump. More about Maggie Haberman
Kenneth P. Vogel is based in Washington and investigates the intersection of money, politics and influence. More about Kenneth P. Vogel
See more on: Donald Trump, 2024 Elections: News, Polls and Analysis, U.S. Politics
The president-elect has raised more than $170 million for his swearing-in, an inaugural record, as wealthy Americans flock to curry favor with him and some give money even without the prospect of V.I.P. access.
Construction workers at the Capitol last week. President-elect Donald J. Trump will be inaugurated on Jan. 20.Credit...Tom Brenner for The New York Times
By Theodore SchleiferMaggie Haberman and Kenneth P. Vogel
Reporting from Washington
Jan. 8, 2025
President-elect Donald J. Trump’s inaugural committee is no longer selling tickets for major donors to attend his swearing-in and accompanying private events in Washington, according to five people briefed on the conversations.
The committee has raised over $170 million, according to the people, who insisted on anonymity because they were not authorized to share internal financial information. The haul is so big that some seven-figure donors have been placed on wait lists or have been told they probably will not receive V.I.P. tickets at all because the events are at capacity.
Mr. Trump often talks privately about who has supported him, and the frenzy to donate to his inauguration — even if it comes without the usual exclusive access — underscores the degree to which deep-pocketed donors and corporations are seeking to curry favor with him. Far more than in early 2017 at the start of his first term, corporate America has largely embraced Mr. Trump during his transition, partly out of a desire to get on his good side.
Prospective donors began to be told early this week that no more seats were available for certain events around Washington, according to the people briefed on the conversations. The personalized donation link that fund-raisers had circulated to their networks of major contributors no longer worked on Tuesday and Wednesday. The packages offered to corporate and individual donors had originally been marketed as available through Friday, but they ended early given the extraordinary demand.
{snip}
Theodore Schleifer is a Times reporter covering campaign finance and the influence of billionaires in American politics. More about Theodore Schleifer
Maggie Haberman is a senior political correspondent reporting on the 2024 presidential campaign, down ballot races across the country and the investigations into former President Donald J. Trump. More about Maggie Haberman
Kenneth P. Vogel is based in Washington and investigates the intersection of money, politics and influence. More about Kenneth P. Vogel
See more on: Donald Trump, 2024 Elections: News, Polls and Analysis, U.S. Politics
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