The magnate Sheldon Adelson donated 5 million for Trump’s inauguration

The magnate Sheldon Adelson donated 5 million for Trump’s inauguration

Casino mogul Sheldon Adelson donated $ 5 million for the celebrations that took place during President Donald Trump’s inauguration, according to The New York Times. It is the largest contribution made by an individual to the inauguration of the current tenant of the White House, which received a total of 107 million dollars in donations, according to a report presented to the Federal Electoral Commission (FEC). Thanks to her contribution, Sheldon received special attentions in the festivities prior to the official January 20 ceremony on the Capitol steps, and that day occupied a seat a short distance from Trump, according to the Times. The previous record had so far today the former president Barack Obama, who for the celebrations that took place on the occasion of his first inauguration in January of 2009 raised half of that money. In the detailed report, which has 510 pages and was accessed by the newspaper, are collected a dozen donations of more than one million dollars made by large corporations and some well-known Wall Street investors. From Robert K. Kraft, owner of the New England Patriots football team and personal friend of President Trump, to investors Steven Cohen and Charles Schwab, or businessman Robert Parsons, according to the Times. Until the inauguration of the New York magnate last January 20, around which were celebrated a score of parallel parties, only donations of individuals of up to 250,000 dollars had been allowed. The rules regulating committees created by the takeover of presidents are less strict than those of election campaigns and each administration usually sets its own restrictions, according to the same newspaper. In the case of former President George W. Bush, he only accepted donations of $ 100,000 in 2001 but four years later he raised the limit to $ 250,000 while Obama only accepted gifts of up to $ 50,000 in 2009. At the head of Trump’s inauguration committee was investor Thomas Barrack, one of the president’s closest friends, who led a team of several hundred people, the paper concluded.

EFE

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