Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -EliteFunds
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-16 06:53:02
NEW YORK (AP) — Meta, the parent company of Facebook and Instagram, said it has donated $1 million to President-elect Donald Trump’s inauguration fund.
The donation comes just weeks after Meta CEO Mark Zuckerberg met with Trumpprivately at Mar-a-Lago. A Meta spokesperson confirmed the offering Thursday. The news was first reported by The Wall Street Journal.
Stephen Miller, who has been appointed deputy chief of staff for Trump’s second term, has said that Zuckerberg, like other business leaders, wants to support Trump’s economic plans. The tech CEO has been seeking to change his company’s perception on the right following a rocky relationship with Trump.
Trump was kicked off Facebook following the Jan. 6, 2021 attack on the U.S. Capitol. The company restored his account in early 2023.
During the 2024 campaign, Zuckerberg did not endorse a candidate for president but has voiced a more positive stance toward Trump. Earlier this year, he praised Trump’s response to his first assassination attempt.
Still, Trump had continued to attack Zuckerberg publicly during the campaign. In July, he posted a message on his own social network Truth Social threatening to send election fraudsters to prison in part by citing a nickname he used for the Meta CEO. “ZUCKERBUCKS, be careful!” Trump wrote.
Corporations have traditionally made up a large share of donors to presidential inaugurals, with an exception in 2009, when then-President-elect Barack Obama refused to accept corporate donations. He reversed course for his second inaugural in 2013.
Facebook did not donate to either Biden’s 2021 inaugural or Trump’s 2017 inaugural.
Google donated $285,000 each to Trump first inaugural and Biden’s inaugural, according to Federal Election Commission records. Inaugural committees are required to disclose the source of their fundraising, but not how they spend the money. Microsoft gave $1 million to Obama’s second inaugural, but only $500,000 to Trump in 2017 and Biden in 2021.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.
veryGood! (58)
Related
- Most popular books of the week: See what topped USA TODAY's bestselling books list
- Red Wings captain Dylan Larkin lies motionless on ice after hit from behind
- Puppies and kittens and dolphins, oh my! Watch our most popular animal videos of the year.
- Unbelievably frugal Indianapolis man left $13 million to charities
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- China is hardening against dissent, rights groups say as they mark International Human Rights Day
- Captive in a chicken coop: The plight of debt bondage workers
- Amazon says scammers stole millions through phony product returns
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- West African leaders acknowledge little progress in their push for democracy in coup-hit region
Ranking
- Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
- Bachelor Nation Status Check: Who's Still Continuing Their Journey After Bachelor in Paradise
- Captive in a chicken coop: The plight of debt bondage workers
- Where to watch 'The Polar Express': Streaming info, TV channel showtimes, cast
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Why Shohei Ohtani will be worth every penny of $700 million contract for Los Angeles Dodgers
- The History of Mackenzie Phillips' Rape and Incest Allegations Against Her Father John Phillips
- Shohei Ohtani signs with Dodgers on $700 million contract, obliterating MLB record
Recommendation
The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
Alo Yoga's 40% Off Sale Has Bras Starting at $34 & We Can't Click Fast Enough
Heisman Trophy is recognizable and prestigious, but how much does it weigh?
Heisman Trophy is recognizable and prestigious, but how much does it weigh?
Louvre will undergo expansion and restoration project, Macron says
Former Kentucky Gov. Julian Carroll dies at age 92
Puppies and kittens and dolphins, oh my! Watch our most popular animal videos of the year.
With a New Speaker of the House, Billions in Climate and Energy Funding—Mostly to Red States—Hang in the Balance