Connect with us

Headlines

Donald Trump inaugural attracts record $107 million in donations

President Donald Trump raised $107 million for his inaugural festivities, nearly double the previous record set by President Barack Obama eight years ago.

Trump’s inaugural committee is due to file information about those donors with the Federal Election Commission and said it would do so Tuesday. The committee doesn’t need to publicly disclose how the money was spent.

Trump placed no restrictions on the amount of money donors could give. Obama limited contributions to $50,000 in 2009 but lifted that cap four years later.

After raising about $55 million in 2009, Obama used excess funds to help pay for the White House Easter egg roll and other events, his former inaugural committee chief executive officer said.

Trump promised to give any extra money to charity, but didn’t specify which ones.

Republished with permission of The Associated Press.

Written By

Sign up for Sunburn

Receive our team's agenda-setting morning read of what's hot in Florida politics. Delivered straight to your inbox Monday through Friday.

Florida Politics is a statewide, new media platform covering campaigns, elections, government, policy, and lobbying in Florida. This platform and all of its content are owned by Extensive Enterprises Media.

Publisher: Peter Schorsch

Contributors & reporters: Phil Ammann, Drew Dixon, Renzo Downey, Rick Flagg, A.G. Gancarski, Joe Henderson, Janelle Irwin, Ryan Nicol, Jacob Ogles, Scott Powers, Bob Sparks, Andrew Wilson, and Kelly Hayes.
Email: Peter@FloridaPolitics.com
Phone: (727) 642-3162
Address: 204 37th Avenue North #182
St. Petersburg, Florida 33704

Connect
Sign up for Sunburn

Receive our team's agenda-setting morning read of what's hot in Florida politics. Delivered straight to your inbox Monday through Friday.