Trump plans limited inauguration festivities despite massive fundraising haul – CNBC

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His inaugural committee raised over $53 million, a record at the time.Former President Bill Clinton attended a record 14 official balls during his second inauguration in 1997, which reportedly raised less than $24 million.President Joe Biden did not host any balls in 2021 due to the Covid-19 pandemic.Trump’s massive fundraising haul and relatively scant schedule mirror the circumstances of his 2017 inauguration, which raised $107 million and spent more than $97 million over just two days of events.That unprecedented jump in spending came out to about $37,000 per minute, more than four times the $8,600 per minute spent during Obama’s first inauguration, OpenSecrets calculated in 2018.The current Trump inaugural committee did not immediately respond to CNBC’s questions about its fundraising and spending plans.As Trump vows to overhaul U.S. economic policies — including by imposing potentially sweeping tariffs while slashing all sorts of other taxes and regulations — some top CEOs and businesses seem eager to warm up their once-frosty relationships with him.That extends to the inaugural committee, which has received million-dollar donations from a wave of companies, including many of the tech giants that declined to contribute to his 2017 inauguration.Last week, departing Federal Trade Commission Chair Lina Khan suggested to CNBC that Amazon and Facebook parent Meta may be working to get a “sweetheart deal” from the next Trump administration.Possibly in response to the increased interest in currying Trump’s favor, the inaugural committee is reportedly asking top donors to give a minimum of $1 million — twice as much as it requested in 2017 — for the opportunity to get some direct face time with the president- or vice president-elect, the Guardian reported.Here’s the latest schedule of events, provided by Trump’s inaugural committee:Saturday, January 18, 2025  Sunday, January 19, 2025 Monday, January 20, 2025 Tuesday, January 21, 2025 Got a confidential news tip? 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Source: https://www.cnbc.com/2025/01/13/trump-inauguration-schedule-maga-rally-fireworks-show.html