Current:Home > StocksChainkeen Exchange-Meta donates $1 million to Trump’s inauguration fund -Triumph Financial Guides
Chainkeen Exchange-Meta donates $1 million to Trump’s inauguration fund
Ethermac View
Date:2025-04-06 13:02:07
NEW YORK (AP) — Meta,Chainkeen Exchange 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! (1)
Related
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- New Godzilla show 'Monarch: Legacy of Monsters' poses the question: Menace or protector?
- Convicted sex offender found guilty of hacking jumbotron at the Jacksonville Jaguars’ stadium
- Texas hiker rescued after going missing in Big Bend National Park, officials say
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- Billie Eilish Says She Never Felt Truly Like a Woman
- Spain’s Pedro Sánchez beat the odds to stay prime minister. Now he must keep his government in power
- Ohio lawmaker disciplined after alleged pattern of abusive behavior toward legislators, staff
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- New Research Makes it Harder to Kick The Climate Can Down the Road from COP28
Ranking
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- 'I got you!' Former inmate pulls wounded Houston officer to safety after shootout
- Hot dogs, deli meat, chicken, oh my: Which processed meat is the worst for you?
- George 'Funky' Brown, Kool & The Gang co-founder and drummer, dies at 74
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Rare zombie disease that causes deer to excessively drool before killing them found in Yellowstone
- The harrowing Ukraine war doc ’20 Days in Mariupol’ is coming to TV. Here’s how to watch
- Moms for Liberty removes two Kentucky chapter leaders who posed with far-right Proud Boys
Recommendation
Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
Russian parliament passes record budget, boosting defense spending and shoring up support for Putin
Charissa Thompson saying she made up sideline reports is a bigger problem than you think
Charissa Thompson saying she made up sideline reports is a bigger problem than you think
IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
CBS announces 2024 primetime premiere dates for new and returning series
Man sentenced to probation for threats made to Indiana congressman
Spotify Wrapped 2023: Here's when you can get your playlist and see your stats