Current:Home > MarketsMeta donates $1 million to Trump’s inauguration fund -MacroWatch
Meta donates $1 million to Trump’s inauguration fund
View
Date:2025-04-17 07:55:57
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! (62)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Scandinavian Airlines medevac plane lands in Malaysian island where Norwegian king is hospitalized
- FBI raids home owned by top aide to New York City Mayor Eric Adams
- Idaho Murders Case Update: Bryan Kohberger Planning to Call 400 Witnesses in Trial
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Democratic lawmakers ask Justice Department to probe Tennessee’s voting rights restoration changes
- Bradley Cooper says he wasn't initially sure if he 'really loved’ his daughter Lea De Seine
- One killed, 2 wounded in shooting in dental office near San Diego
- Trump issues order to ban transgender troops from serving openly in the military
- Mississippi passes quicker pregnancy Medicaid coverage to try to reduce deaths of moms and babies
Ranking
- Cincinnati Bengals quarterback Joe Burrow owns a $3 million Batmobile Tumbler
- Fans compare Beyoncé's 'Texas Hold 'Em' to 'Franklin' theme song; composer responds
- Girl walking to school in New York finds severed arm, and police find disembodied leg nearby
- Trying to Use Less Plastic? These Sustainable & Eco-Friendly Products Are Must-Have Essentials
- Federal hiring is about to get the Trump treatment
- High-income earners who skipped out on filing tax returns believed to owe hundreds of millions of dollars to IRS
- Run To Lululemon and Shop Their Latest We Made Too Much Drop With $29 Tanks and More
- Seven sports wagering operators are licensed in North Carolina to take bets starting March 11
Recommendation
US appeals court rejects Nasdaq’s diversity rules for company boards
Montana judge declares 3 laws restricting abortion unconstitutional, including a 20-week limit
Chrysler recalls more than 338,000 Jeep Grand Cherokee vehicles for crash risk
See Joe Jonas and Stormi Bree Fuel Romance Rumors With Sydney Outing
Questlove charts 50 years of SNL musical hits (and misses)
When celebrities show up to protest, the media follows — but so does the backlash
Under wraps: Two crispy chicken tender wraps now available at Sonic for a limited time
Georgia women’s prison inmate files lawsuit accusing guard of brutal sexual assault