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Raw Story: 'A real cesspool': Watchdogs aghast by CEOs trying to 'curry favor' with Trump
Raw Story - 'A real cesspool': Watchdogs aghast by CEOs trying to 'curry favor' with Trump
Travis Gettys
December 24, 2024 2:13PM ET
Top business leaders and their companies have been trying to "curry favor" with Donald Trump by showering cash on his inaugural committee, according to government watchdogs.
The committee has already landed reported $1 million planned donations from Jeff Bezos' Amazon, Mark Zuckerberg's Meta and OpenAI's Sam Altman, as well as $2 million from Robinhood Markets and $1 million each from Uber and its CEO Dara Khosrowshahi, Ford Motor Company and hedge fund manager Ken Griffin, reported CNBC.
“It really is a great opportunity for them to curry favor with the incoming administration,” said Brendan Glavin, director of research for the money-in-politics nonprofit OpenSecrets.
Inaugural committees plan and fund the celebrations around the transfer of presidential power, and there are no limits to how much individuals, corporations or labor groups can donate to the tax-exempt committees.
“One of the oldest adages in Washington is that if you’re not at the table, you’re on the menu, and the price of admission to have a seat at the table keeps going up,” said Michael Beckel, research director of Issue One, a political reform advocacy group.
/snip
Travis Gettys
December 24, 2024 2:13PM ET
Top business leaders and their companies have been trying to "curry favor" with Donald Trump by showering cash on his inaugural committee, according to government watchdogs.
The committee has already landed reported $1 million planned donations from Jeff Bezos' Amazon, Mark Zuckerberg's Meta and OpenAI's Sam Altman, as well as $2 million from Robinhood Markets and $1 million each from Uber and its CEO Dara Khosrowshahi, Ford Motor Company and hedge fund manager Ken Griffin, reported CNBC.
“It really is a great opportunity for them to curry favor with the incoming administration,” said Brendan Glavin, director of research for the money-in-politics nonprofit OpenSecrets.
Inaugural committees plan and fund the celebrations around the transfer of presidential power, and there are no limits to how much individuals, corporations or labor groups can donate to the tax-exempt committees.
“One of the oldest adages in Washington is that if you’re not at the table, you’re on the menu, and the price of admission to have a seat at the table keeps going up,” said Michael Beckel, research director of Issue One, a political reform advocacy group.
/snip
3 replies
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= new reply since forum marked as read
Government of the money, by the money and FOR the money 