Washington D.C. - Former President Donald Trump's 2017 inauguration amassed a record-setting $239 million, according to documents filed with the Federal Election Commission. This figure surpasses all previous presidential inaugurations, more than doubling the amount raised for his own record. The influx of funds came from a variety of sources, primarily large corporations eager to establish connections with the incoming Trump administration.
The disclosure reveals the extent to which corporate America sought to gain favor with the new president. Details on how the funds were spent are also included in the report, outlining costs associated with inaugural events, security, and staffing. While the amount raised is unprecedented, questions remain about the specifics of how the money was allocated. The inauguration served as a large-scale celebration of Trump's victory and the beginning of his presidency.
Trump's Inauguration Raised a Record $239 Million
Former President Trump's 2017 inauguration raised a record-breaking $239 million, according to Federal Election Commission filings. This amount more than doubled the previous record for presidential inaugurations. The significant fundraising was fueled by donations from corporations seeking to build relationships with the new administration. The money was used for events celebrating Trump's ascension to the presidency.