Trump is beholding to corporate giants

Donald Trump inauguration bankrolled by corporate giants. Many companies, executives have business before the federal government

Numerous corporate powerhouses and individual business titans — including fossil fuel, financial and food and beverage interests with lucrative business before the federal government — helped fund President Donald Trump’s inauguration, according to a new disclosure filed with the Federal Election Commission.

By Dave Levinthal, https://www.publicintegrity.org/

The donations earned contributors exclusive access during inauguration weekend to Trump, his family, top administration officials and exclusive events conducted on January 20 and January 21 in Washington, D.C.

Top individual donors were led by billionaire casino mogul and top Republican donor Sheldon Adelson, at $5 million, according to an initial Center for Public Integrity review of the Trump inauguration disclosure.

At least six National Football League franchise owners each gave Trump’s inaugural committee $1 million: Dan Snyder of the Washington Redskins, Shahid R. Khan of the Jacksonville Jaguars, Stan Kroenke of the Los Angeles Rams, Robert McNair of the Houston Texans, Woody Johnson of the New York Jets and Robert Kraft of the New England Patriots through his holding company, Kraft Group LLC. (The NFL’s marketing and promotions arm, NFL Ventures LP, added $100,000.)

Dallas Cowboys owner Jerry Jones also appears to have given $1 million — in a most roundabout fashion. The Trump inauguration disclosure lists “Glenstone Limited Partnership” of Texas as a $1 million donor. State corporate records list a “Glenstone I Limited Partnership.” This entity has one director: Glenstone Corporation, which lists “Jerral W. Jones” as its president. All Glenstone entities share the same address — 1 Cowboys Way.

Other Trump inauguration donors in the million-dollar club are Russian-American businessman Alexander Shustorovich, hedge fund honcho Robert Mercer, investor Charles Schwab, Chicago Cubs owner and one-time Trump foe Marlene Ricketts, investor and Trump economic adviser Andy Beal, coal baron Christopher Cline, businessman Hushang Ansary, Shahla Ansary, hedge fund executive Paul Singer, self-storage fortune heir Bradley Wayne Hughes Jr., coal executive J. Clifford Forrest, billionaire founder of GoDaddy.com Bob Parsons, investor Stephen A. Cohen, Claudine Revere, philanthropist Jeanne Sorensen Siegel, financial services firm Cantor Fitzgerald Chairman Howard Lutnick and Scott Bessent, who for several years oversaw liberal megadonor George Soros’ personal fortune. The Wall Street Journal in 2000 reported that the Republican National Committee rejected a $250,000 contribution from Shustorovich, citing the businessman’s ties to state-owned Russian companies.

R.W. Habboush, an international investor who this year reportedly has pressed Trump officials to lift sanctions against Venezuela, gave $666,000.

Billionaire Texan Kelcy Warren, whose company is building the controversial Dakota Access Pipeline for which the Trump administration in February gave final approval, sent $250,000 to Trump’s inauguration committee in December. Peter Thiel, the PayPal co-founder who spoke at the Republican National Convention, added $100,000.

At the $1 million level, Trump’s roster of top inaugural donors include powerful and well-known companies such as tobacco company Reynolds American, airline and defense company Boeing, AT&T, the Madison Square Garden Company, online payment company Allied Wallet, international holding company Access Industries, ethanol producer Green Plains and MacNeil Automotive Products Ltd., maker of WeatherTech floor mats. Conservative nonprofit advocacy group American Action Network, which has deep financial ties to the health and pharmaceutical industries, also gave $1 million.
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The next most generous companies listed are Quicken Loans ($750,000), Wynn Resorts ($729,217), Chevron ($525,000), American Financial Group ($500,000), Intel ($500,000) JPMorgan Chase and Co. ($500,000), Citgo Petroleum ($500,000), oil company BP Corporation of North America ($500,000), casino developer and Ultimate Fighting Championship parent Fertitta Entertainment ($500,000), Manhattan real estate investment firm Tahl Propp ($500,000) and the MacAndrews and Forbes Group ($500,000), which owns military contractor AM General, among other companies.

And other six-figure contributors include: General Motors ($498,650), Impala Asset Management ($325,000), Coca-Cola ($300,638), Murray Energy Corporation ($300,000), real estate investment firm The Witkoff Group ($300,000), Pilot Travel Centers LLC ($300,000), Google (285,000), Ford Motor Company ($250,000), Liberty Media Corporation ($250,000), Charter Communications ($250,000), Nextera Energy ($250,000), Pepsi ($250,000), Comcast Corp. ($250,000), United Parcel Service ($250,000), IBC Bank ($250,000) healthcare company Centene ($250,000), engineering outfit Fluor Corporation ($250,000) Florida retirement mecca The Villages ($250,000), beer giant Anheuser Busch ($250,000), the San Manuel Band of Mission Indians ($250,000), power and coal plant developer White Stallion Energy LLC ($175,000), Wal-Mart ($150,000), Consol Energy Inc. ($150,000) and dental company Managed Care of North America ($135,000).

Health insurers Anthem, MetLife and The Travelers Indemnity Company each contributed $100,000. Also giving $100,000: Verizon, Qualcomm, energy giant Southern Co., oil company Valero, Anadarko Petroleum, the United States Sugar Corporation, defense contractor Northrop Grumman, food company Chiquita Brands and — play ball! — the Office of the Commissioner of Baseball, the FEC disclosure indicates. Visa and accounting firm Ernst & Young each chipped in $50,000.

To read the entire article on Public Integrity.org click here.

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