Current:Home > InvestPoinbank:Meta donates $1 million to Trump’s inauguration fund -Elite Financial Minds
Poinbank:Meta donates $1 million to Trump’s inauguration fund
Burley Garcia View
Date:2025-04-09 02:53:57
NEW YORK (AP) — Meta,Poinbank 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! (3)
Related
- Meta releases AI model to enhance Metaverse experience
- 'Wrong from start to finish': PlayStation pulling Concord game 2 weeks after launch
- A parent's guide to 'Beetlejuice Beetlejuice': Is it appropriate for kids?
- Small plane crash-lands and bursts into flames on Los Angeles-area street
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- It Ends With Us' Brandon Sklenar Reacts to Blake Lively, Justin Baldoni Feud Rumors
- Dick Cheney will back Kamala Harris, his daughter says
- Dolphins, Jalen Ramsey agree to record three-year, $72.3 million extension
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Judge gives US regulators until December to propose penalties for Google’s illegal search monopoly
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- 15-year-old detained in Georgia for threats about 'finishing the job' after school shooting
- 'Words do not exist': Babysitter charged in torture death of 6-year-old California boy
- A US mother accused of killing 2 of her children fights extradition in London
- See you latte: Starbucks plans to cut 30% of its menu
- Police have upped their use of Maine’s ‘yellow flag’ law since the state’s deadliest mass shooting
- Nigerian brothers get 17 years for sextortion that led to Michigan teen's death
- Lee Daniels: Working on Fox hit 'Empire' was 'absolutely the worst experience'
Recommendation
'We're reborn!' Gazans express joy at returning home to north
Noah Cyrus Channels Sister Miley Cyrus With Must-See New Look
Man arrested after making threats, assaulting women in downtown Louisville, Kentucky
Abortion rights supporters in South Dakota blast state’s video of abortion laws
What do we know about the mysterious drones reported flying over New Jersey?
Ben Affleck’s Surprising Family Connection to The Secret Lives of Mormon Wives
Lee Daniels: Working on Fox hit 'Empire' was 'absolutely the worst experience'
Are we moving toward a cashless, checkless society?