Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -MacroWatch
Meta donates $1 million to Trump’s inauguration fund
NovaQuant Quantitative Think Tank Center View
Date:2025-04-07 17:38:59
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! (287)
Related
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Drive-by shooting on D.C. street during Fourth of July celebrations wounds 9
- Trump EPA Targets More Coal Ash Rules for Rollback. Water Pollution Rules, Too.
- In a Warming World, Hurricanes Weaken More Slowly After They Hit Land
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Did Exxon Mislead Investors About Climate-Related Risks? It’s Now Up to a Judge to Decide.
- Desperation Grows in Puerto Rico’s Poor Communities Without Water or Power
- JoJo Siwa's Bold Hair Transformation Is Perfect If You're Torn Between Going Blonde or Brunette
- Paula Abdul settles lawsuit with former 'So You Think You Can Dance' co
- Ohio Gov. DeWine asks Biden for major disaster declaration for East Palestine after train derailment
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Chief Environmental Justice Official at EPA Resigns, With Plea to Pruitt to Protect Vulnerable Communities
- 3 dead, 8 wounded in shooting in Fort Worth, Texas parking lot
- They Built a Life in the Shadow of Industrial Tank Farms. Now, They’re Fighting for Answers.
- The White House is cracking down on overdraft fees
- Controversial BLM Chief Pendley’s Tenure Extended Again Without Nomination, Despite Protests
- 1 person shot during Fourth of July fireworks at Camden, N.J. waterfront
- Roller coaster riders stuck upside down for hours at Wisconsin festival
Recommendation
The Best Stocking Stuffers Under $25
Multiple shark attacks reported off New York shores; 50 sharks spotted at one beach
Warming Trends: The ‘Cranky Uncle’ Game, Good News About Bowheads and Steps to a Speedier Energy Transition
Desperation Grows in Puerto Rico’s Poor Communities Without Water or Power
How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
Firework injuries send people to hospitals across U.S. as authorities issue warnings
‘America the Beautiful’ Plan Debuts the Biden Administration’s Approach to Conserving the Environment and Habitat
Judge made lip-synching TikTok videos at work with graphic sexual references and racist terms, complaint alleges