Current:Home > InvestMeta donates $1 million to Trump’s inauguration fund -Elite Financial Minds
Meta donates $1 million to Trump’s inauguration fund
Indexbit Exchange View
Date:2025-04-07 03:49:49
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! (4543)
Related
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Go inside Kona Stories, a Hawaiian bookstore with an ocean view and three cats
- Multiple people shot along I-75 south of Lexington, Kentucky, authorities say
- 2024 Creative Arts Emmy Awards: Dates, nominees, where to watch and stream
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- After 26 years, a Border Patrol agent has a new role: helping migrants
- Negro Leagues legend Bill Greason celebrates 100th birthday: 'Thankful to God'
- Kelly Stafford Reveals the Toughest Part of Watching Quarterback Husband Matthew Stafford Play Football
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Grand Canyon’s main water line has broken dozens of times. Why is it getting a major fix only now?
Ranking
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Slain Dallas police officer remembered as ‘hero’ during funeral service
- Elton John unveils new documentary and shares what he wants on his tombstone
- How many teams make the NFL playoffs? Postseason format for 2024 season
- The Best Stocking Stuffers Under $25
- A rural Georgia town in mourning has little sympathy for dad charged in school shooting
- Joy in Mud Bowl: Football tournament celebrates 50 years of messy fun
- The AI industry uses a light lobbying touch to educate Congress from a corporate perspective
Recommendation
Jorge Ramos reveals his final day with 'Noticiero Univision': 'It's been quite a ride'
Taylor Fritz and Jannik Sinner begin play in the US Open men’s final
Two astronauts are left behind in space as Boeing’s troubled capsule returns to Earth empty
Cottage cheese is more than its curds: Get to know the health benefits
Arkansas State Police probe death of woman found after officer
A 14-year-old boy is charged with killing 4 people at his Georgia high school. Here’s what we know
Evacuations ordered as wildfire burns in foothills of national forest east of LA
Recreational marijuana sales begin on North Carolina tribal land, drug illegal in state otherwise