Stock

Citi plans to donate undisclosed amount to Trump inauguration

Published

7 days ago

(Reuters) – Wall Street giant Citigroup (NYSE:C) plans to contribute an as-yet undisclosed sum to President-elect Donald Trump’s inauguration fund, according to a person familiar with the matter, joining fellow major lenders Bank of America and Goldman Sachs.

Top donors to Trump’s inauguration fund, which may raise a record-breaking sum, will gain access to Trump and Vice President-elect J.D. Vance during a suite of high-end festivities in the weekend prior to Trump’s swearing in on Jan. 20, according to media reports.

Cryptocurrency firms, tech giants and automakers have announced contributions of $1 million or more.

This post appeared first on investing.com

In this article:Featured

Adani Group Shares Recover as CFO Denies U.S. Bribery

Adani Group shares experienced a rebound on Monday, recovering from last week’s steep losses sparked by U.S. criminal charges against Chairman Gautam Adani and...

adminNovember 26, 2024

Investing

Macy’s confirms rogue employee hid $151 million in expenses over three years

A rogue employee was responsible for hiding $151 million in delivery expenses over the course of nearly three years, Macy’s said Wednesday. In a...

adminDecember 11, 2024

Economy

BOJ debated rate-hike timing, some called for near-term move, Dec summary shows

By Leika Kihara TOKYO (Reuters) -Some Bank of Japan policymakers saw conditions falling into place for an imminent rate hike with one predicting a...

adminDecember 27, 2024

Kohl’s Shares Plunge 11%

Kohl’s Corporation (NYSE: KSS) shares plunged 11% following a disappointing Q3 earnings report and a sharp downgrade of its fiscal 2024 outlook. The department...