Kissing Trump's ass is paying off big for corporate donors
Recent filings with the Federal Election Commission have revealed the scale of record-breaking corporate donations to the Donald Trump-JD Vance Inaugural Committee. Trump smashed his previous inaugural donation record of $107 million for his first presidency, raising more than twice as much, with 650 donors—140 of whom gave no less than $1 million. This includes the tech billionaires who ponied up and got VIP seats at the dreary event.
Trump’s top donor, Elon Musk, has benefited from his co-presidency, growing even wealthier while not worrying about conflicts of interest when it comes to protecting his companies and government contracts. Then there are individual billionaires, like crypto mogul Justin Sun, who has had his criminally fraudulent activities wiped away with help from large donations to Trump. But there are a whole lot of others filling up the swamp and wetting their beaks.
The crypto industry donated a total of $18 million to Trump’s inaugural committee, and has been one of the biggest winners so far. Trump courted cryptocurrency firms during his campaign, promising to make the United States the “crypto capital of the planet.”
Cryptocurrency exchange Coinbase, which dropped a cool $1 million on Trump, watched the Securities and Exchange Commission drop its lawsuit against them after Trump came into office. And Trump Deputy Attorney General Todd Blanche recently announced that the Justice Department’s unit that investigated cryptocurrency fraud-related crimes would be disbanded.
https://www.dailykos.com/stories/2025/4/27/2317898/-Kissing-Trump-s-ass-is-paying-off-big-for-corporate-donors