CEOs of major companies are preparing for a second Trump administration, taking trips to Mar-a-Lago and contributing millions to his inauguration fund. WSJ's Chip Cutter explains corporate America's new strategy for engaging with the incoming U.S. president. Further Reading: -The CEOs Who Are Tearing Up the Policies Trump Hates -Corporate America Drew Back From DEI. The Upheaval Isn’t Over. Further Listening: -DOGE: The Plan to Downsize the Government -How One Business Owner Is Getting Ahead of Trump's Tariffs Learn more about your ad choices. Visit megaphone.fm/adchoices
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After Donald Trump won the presidency in November, a flood of money started pouring into his inauguration fund.
We've seen one company after another really kind of follow a similar playbook for how to deal with this administration. And it starts by opening their wallets.
These donations are helping pay for stuff like galas and balls at the inauguration. And our colleague Chip Cutter has been following the money.
One executive after another has all decided to give a million dollars. Sort of name the company, name the big brand. McDonald's.
McDonald's gave money to this fund. Toyota. Joining other major auto companies like Ford and General Motors in making $1 million donation to President Trump. Boeing. Boeing gave money to this fund.
Meta, led by Mark Zuckerberg, is also giving a million dollars to the fund. Walmart. Walmart.
Walmart gave money to the fund. Uber, Goldman Sachs, Bank of America, the list goes on and on.
What are these companies getting for this money?
So these companies get some tickets to the inauguration. There is a candlelit dinner that will be attended by Trump and Melania Trump.
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