Big-money names behind inaugural start to come out
NEW YORK — Donald Trump is trying to keep the names of the people and companies donating millions of dollars to his inauguration festivities this week a secret — a break from his Republican and Democratic predecessors in the White House.
At least the last three presidents, Bill Clinton, George W. Bush and Barack Obama, all disclosed names of donors before they were sworn into office.
A federal law passed when Bush was in office required presidents to reveal names of contributors, but only 90 days following the inauguration.
Some names have been leaked out or have been released by the donors themselves. Chevron gave $500,000 and will sponsor additional events and Boeing pledged $1 million, according to the companies. AT&T and JPMorgan Chase also donated, according to the companies. Other corporate donors include those who donated to
Obama’s inauguration or had declined to contribute to the Republican National Convention last summer, including UPS, Bank of America and Deloitte, according to The New York Times.
“It is all about access and influence,” said Craig Holman, a lobbyist for the nonpartisan public advocacy group Public Citizen. “Donations come in very large amounts and from those who almost always want something from the new administration.”
Occidental Petroleum, one of Clinton’s donors, for example, reached a
settlement with the Energy Department in a price-fixing case after Clinton took office. AT&T, one of Obama’s donors, lobbied for regulatory approval of a merger with rival T-Mobile.
Trump’s decision doesn’t surprise those who have watched him hire or appoint donors and lobbyists as well as advocate for secrecy.
He failed to release the names of socalled bundlers who raised thousands of dollars for him from friends, acquaintances and associates. He failed to release his tax returns, a common practice for presidential nominees for four decades. Some of his nominees to be Cabinet secretaries have delayed providing background materials before their confirmation hearings. And in recent days, he has threatened to investigate how journalists received classified information.
John Wonderlich, executive director for the Sunlight Foundation, which advocates for more openness in government, called Trump one of the most secretive candidates in modern history. “This trend is continuing through the pre-presidency and likely the presidency,” he said.
Trump is expected to raise more than $90 million — a record amount — from people and corporations to pay for days of activities, including receptions, balls and the parade surrounding the 58th inauguration celebration. Taxpayers will spend millions more on the official swearing-in ceremony, security, construction and cleanup.
His inaugural committee, like those of previous presidents, is offering special events and housing that includes access to Trump and Vice Presidentelect Mike Pence and their families in exchange for at least six-figure donations.
For $100,000, donors will receive two tickets for dinner and a policy discussion with select Cabinet appointees. For $250,000, there’s two tickets to a lunch with women of the first family. For $1 million, there’s four tickets to a lunch featuring Cabinet appointees and congressional leaders and four tickets to a dinner with Pence and his wife, Karen.
Trump tapped his longtime friend, Tom Barrack, a California a private equity real estate investor, to head his inaugural committee. Members include wealthy donors or Republican loyalists, including Woody Johnson, owner of the New York Jets; casino magnate Sheldon Adelson and his wife, Miriam; and Wisconsin businesswoman Diane Hendricks. They are likely to have made donations themselves and solicited donations from others.