Trump, who vowed during the campaign to "drain the swamp" of special interests corrupting Washington, has set USD 1 million donation limits for corporations and no limits for individual donors, according to an official on the Presidential Inaugural Committee with direct knowledge of tentative fundraising plans.
At the same time, Trump's inaugural committee will not accept money from registered lobbyists, in line with his ban on hiring lobbyists for his nascent administration.
Plenty of corporate executives, though, gave individually and often at the maximum amount. And he opened the spigots for his 2013 inauguration, setting no limits on corporate or individual donations.
The new details, confirmed yesterday on the condition of anonymity because the official was not authorised to disclose private deliberations, came as Trump gathered with family at his Palm Beach estate Mar-a-Lago on Thanksgiving.
They dined with other Mar-a-Lago members from a Thanksgiving menu that featured "Mr Trump's wedge salad" and main course offerings like oven-roasted turkey, leg of lamb, Chilean sea bass, and braised short ribs, according to a menu provided by a spokeswoman.
The dessert options included pumpkin pie, toasted coconut cake, warm brownie pockets and hot apple crisp.
It was a working holiday of sorts for Trump, who suggested on Twitter that he was engaged in trying to prevent an Indiana air conditioning company from moving jobs to Mexico.
They are the first women selected for top-level administration posts. And Haley, the daughter of Indian immigrants, would be his first minority selection after a string of announcements of white men.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
