Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -Blueprint Money Mastery
Meta donates $1 million to Trump’s inauguration fund
Chainkeen View
Date:2025-04-10 08:18:21
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! (46)
Related
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Is it see-worthy? The new 'Little Mermaid' is not that bad ... but also not that good
- Last Day to Get $90 Worth of Olaplex For $38 and Save 30% on Peter Thomas Roth, Murad, Elemis, and More
- In its ninth and final season, 'Endeavour' fulfills its mission to 'Inspector Morse'
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Cormac McCarthy, American novelist of the stark and dark, dies at 89
- Iran announces first arrests over mysterious poisonings of hundreds of schoolgirls
- Ukrainian troops describe vicious battle for Bakhmut as Russian forces accused of a brutal execution
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- HBO estimates 2.9 million watched 'Succession' finale on Sunday night
Ranking
- Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
- American Girl Proclaims New '90s Dolls Are Historic—And We're Feeling Old
- 5 new 'Black Mirror' episodes have dropped — and there's not a dud in the bunch
- After years of ever-shrinking orchestras, some Broadway musicals are going big
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Emily Blunt’s Floral 2023 SAG Awards Look Would Earn Her Praise From Miranda Priestly
- Ellie Goulding Says Rumor She Cheated on Ed Sheeran With Niall Horan Caused Her a Lot of Trauma
- South Korea, U.S. shirk North Korea's threats of counteractions, carry on planning for joint war games
Recommendation
Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
The U.S. says it wants to rejoin UNESCO after exiting during the Trump administration
Miles Teller Celebrates Spectacular Birthday in Paris With Wife Keleigh Sperry Teller
Cuba Gooding Jr. settles a civil sex abuse case just as trial was set to begin
SFO's new sensory room helps neurodivergent travelers fight flying jitters
'Of course we should be here': 'Flower Moon' receives a 9-minute ovation at Cannes
Dear 'Succession' fans, we need to talk about Shiv Roy in that series finale
Secrets of the National Spelling Bee: Picking the words to identify a champion