President-elect Donald Trump will relax donation restrictions on corporations and individuals to raise money for his inauguration, according to The New York Times.
But he will ban contributions from lobbyists, a follow-up to his team’s purge of lobbyists from the transition effort. Several sources involved in the planning told the newspaper that Trump is hoping to raise between $65 million and $75 million to fund festivities and parades related to his inauguration.
….
The Times reported that Trump would accept corporate donations up to $1 million and allow money to be transferred from super-PACs on a case-by-case basis, citing officials involved in the planning.
The move by Trump could raise eyebrows from critics who have pressured the president-elect to uphold his campaign-long pledge to limit the power of special interests in Washington D.C.
- Discussion
You must be logged in to reply to this topic.