Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -Thrive Money Mindset
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-17 07:29:31
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! (4449)
Related
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Read the transcript: What happened inside the federal hearing on abortion pills
- U.S. Spy Satellite Photos Show Himalayan Glacier Melt Accelerating
- Kourtney Kardashian announces pregnancy with sign at husband Travis Barker's concert
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- U.S. Spy Satellite Photos Show Himalayan Glacier Melt Accelerating
- Federal judge in Texas hears case that could force a major abortion pill off market
- Is Teresa Giudice Leaving Real Housewives of New Jersey Over Melissa Gorga Drama? She Says...
- Tom Holland's New Venture Revealed
- UPS workers vote to strike, setting stage for biggest walkout since 1959
Ranking
- Senate begins final push to expand Social Security benefits for millions of people
- Shoppers Love These Exercise Dresses for Working Out and Hanging Out: Lululemon, Amazon, Halara, and More
- U.S. Medical Groups Warn Candidates: Climate Change Is a ‘Health Emergency’
- Ethical concerns temper optimism about gene-editing for human diseases
- Trump's 'stop
- What worries medical charities about trying to help Syria's earthquake survivors
- Inside the Love Lives of the Fast and Furious Stars
- The Real Housewives of Atlanta's Season 15 Taglines Revealed
Recommendation
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
A veterinarian says pets have a lot to teach us about love and grief
Federal judge in Texas hears case that could force a major abortion pill off market
How Taylor Lautner Grew Out of His Resentment Towards Twilight Fame
Former longtime South Carolina congressman John Spratt dies at 82
An Iowa Couple Is Dairy Farming For a Climate-Changed World. Can It Work?
A roadblock to life-saving addiction treatment is gone. Now what?
Clinics on wheels bring doctors and dentists to health care deserts