Leaders in tech, AI and cryptocurrency make big donations to Trump inauguration
PBS News Hour - Segments
PBS NewsHour
4.1 • 1K Ratings
🗓️ 19 January 2025
⏱️ 6 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | President-elect Trump's inaugural committee has smashed fundraising records, racking up more than $200 million in pledges. |
| 0:08.6 | Donations have come from leaders of big tech, financial services, and telecommunications. |
| 0:13.8 | Some of those companies have big federal contracts or are regulated by the federal government. |
| 0:19.7 | Ali Rogan spoke with Craig Holman, an expert on ethics and campaign finance rules for public |
| 0:24.6 | citizen, and Cecilia Kang, who covers technology for the New York Times. |
| 0:29.2 | Thank you both so much for being here. |
| 0:30.8 | Craig, you've put together a research document on the Trump Vance inaugural committee fundraising. How much have they raised and who's |
| 0:39.4 | donating? |
| 0:40.4 | It's shattering all records this time around. You know, the Trump inaugural committee |
| 0:47.0 | originally targeted $150 million to spend on the inauguration, which by itself would break |
| 0:52.5 | records. Then it upped it to 200 million |
| 0:55.1 | because money just started flowing in. And today we know it's going to be around 250 million. |
| 1:01.3 | And it shatters not only all records in terms of spending, but also in terms of donations. |
| 1:07.3 | The donations that we're aware of at this point are all a million dollars to five million dollars. |
| 1:13.7 | From the same donors who used to give to previous inaugurations, Trump's first one, |
| 1:19.0 | but back then it was in amounts of it, maybe 50,000 or 100,000. |
| 1:23.3 | You mentioned that it's some of the same folks. |
| 1:25.6 | So who tends to be high on the list? |
| 1:28.3 | Well, at top of this list is the cryptocurrency industry. |
| 1:32.3 | So we've got Ripple, that's given $5 million. |
| 1:35.3 | You've got Coinbase, it's given $1 million. |
| 1:37.3 | You've got Krakken that's given $1 million. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from PBS NewsHour, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of PBS NewsHour and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

