US business leaders are spending big on Donald Trump’s second inaugural fund, which is predicted to exceed even the record-setting $107m raised in 2017.

The donations, which are not restricted by campaign finance laws, come as industries and business leaders seek to curry favor with the incoming administration after the president-elect decisively won a second, non-consecutive term in November.

Some of the planned donations reportedly include $1m each from Jeff Bezos’s Amazon, OpenAI CEO Sam Altman and Facebook parent company Meta, led by Mark Zuckerberg.

Hedge-fund manager Ken Griffin has said he plans to donate $1m, Bloomberg reported; Uber and its CEO Dara Khosrowshahi are reported to be chipping in $1m each; and Toyota, Ford and General Motors are each peeling off $1m. Ford is also reportedly coupling its donation with a fleet of vehicles.

    • tired_n_bored@lemmy.world
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      12 hours ago

      Jeff Bezos (Amazon), Sam Altman (OpenAi), Mark Zuckerberg (Meta), Dara Khosrowshahi (Uber), Jim Loree (Black and Decker), Toyota, Ford, General Motors, Intuit, Pharmaceutical Research and Manufacturers of America and many other undisclosed in the article.

      The part particularly concerning to me is

      Trump aides have indicated that the fundraising isn’t about the money but a symbolic means to exact an apology for any previous perceived lapse of loyalty.

      a very fascist wording. You don’t have to be “loyal” to the President, unless he’s a dictator.