Current:Home > NewsMeta donates $1 million to Trump’s inauguration fund -Momentum Wealth Path
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-14 07:12:24
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! (4135)
Related
- The FTC says 'gamified' online job scams by WhatsApp and text on the rise. What to know.
- Former office manager of Dartmouth College student paper gets 15-month sentence for stealing $223K
- Sean ‘Diddy’ Combs arrest and abuse allegations: A timeline of key events
- Trump will soon be able to sell shares in Truth Social’s parent company. What’s at stake?
- Highlights from Trump’s interview with Time magazine
- When's the next Federal Reserve meeting? Here's when to expect updates on current rate.
- Sean ‘Diddy’ Combs arrest and abuse allegations: A timeline of key events
- Sean Diddy Combs Arrested in New York
- All That You Wanted to Know About She’s All That
- Why Suede Bags Are Fashion’s Must-Have Accessory This Fall
Ranking
- Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
- Sean ‘Diddy’ Combs arrest and abuse allegations: A timeline of key events
- Haunting last message: 'All good here.' Coast Guard's Titan submersible hearing begins
- Scroll Through TikTok Star Remi Bader’s Advice for Finding Your Happiness
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Natasha Rothwell knows this one necessity is 'bizarre': 'It's a bit of an oral fixation'
- Schools reopen in a Kentucky county where a gunman wounded 5 on an interstate highway
- Natasha Rothwell knows this one necessity is 'bizarre': 'It's a bit of an oral fixation'
Recommendation
Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
Northern lights forecast: These Midwest states may catch Monday's light show
Haunting last message: 'All good here.' Coast Guard's Titan submersible hearing begins
Tommy Cash, country singer and younger brother of Johnny Cash, dies at 84
South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
Pregnant Mandy Moore Says She’s Being Followed Ahead of Baby No. 3’s Birth
Court reinstates Arkansas ban of electronic signatures on voter registration forms
'Golden Bachelorette' Joan Vassos ready to find TV prince: 'You have to kiss some frogs'