Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -WealthRise Academy
Meta donates $1 million to Trump’s inauguration fund
Chainkeen View
Date:2025-04-06 03:08:48
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! (252)
Related
- Bodycam footage shows high
- Beyond the 'abortion pill': Real-life experiences of individuals taking mifepristone
- The CDC is worried about a mpox rebound and urges people to get vaccinated
- After Deadly Floods, West Virginia Created a Resiliency Office. It’s Barely Functioning.
- Senate begins final push to expand Social Security benefits for millions of people
- E-cigarette sales surge — and so do calls to poison control, health officials say
- Cops say they're being poisoned by fentanyl. Experts say the risk is 'extremely low'
- New Jersey to Rejoin East Coast Carbon Market, Virginia May Be Next
- Global Warming Set the Stage for Los Angeles Fires
- Sophie, Duchess of Edinburgh Mourns Death of Woman Hit By Royal Police Escort
Ranking
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- Ryan Gosling Reveals the Daily Gifts He Received From Margot Robbie While Filming Barbie
- Post Roe V. Wade, A Senator Wants to Make Birth Control Access Easier — and Affordable
- Survivor Season 44 Crowns Its Winner
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- New Jersey to Rejoin East Coast Carbon Market, Virginia May Be Next
- Colorado City Vows to Be Carbon Neutral, Defying Partisan Politics
- Niall Horan Teasing Details About One Direction’s Group Chat Is Simply Perfect
Recommendation
Where will Elmo go? HBO moves away from 'Sesame Street'
Say Cheers to National Drink Wine Day With These Wine Glasses, Champagne Flutes & Accessories
Kim Kardashian Reveals the Surprising Feature in a Man That's One of Her Biggest Turn Ons
The first office for missing and murdered Black women and girls set for Minnesota
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
Abortion bans drive off doctors and close clinics, putting other health care at risk
Beyond the 'abortion pill': Real-life experiences of individuals taking mifepristone
Study Links Short-Term Air Pollution Exposure to Hospitalizations for Growing List of Health Problems