The fossil fuel industry donated more than $19 million to Donald Trump's inaugural fund, representing nearly 8% of total contributions. Trump raised a remarkable $239 million, which is more than all previous inaugural committees combined. Analysis by Global Witness revealed 47 contributions linked to the fossil fuel sector. Trump's administration has favored the oil industry by rolling back environmental protections and promoting energy extraction. The contributions from firms like Chevron, which donated $2 million, symbolize a beneficial relationship for the fossil fuel sector with the administration.
The fossil fuel industry contributed over $19 million to Donald Trump's inaugural fund, making up nearly 8% of total contributions, indicating a strong relationship with big oil.
Trump's inaugural fundraising reached $239 million, surpassing all previous committees' total and doubling the record, significantly aided by contributions from the oil and gas sector.
Global Witness analyzed FEC data and identified 47 contributions linked to the fossil fuel sector, reflecting Trump's strong alignment with the industry during his campaign and presidency.
Nicu Calcea from Global Witness highlighted that the oil and gas industry's donations seem to yield large returns, with Trump directly supporting oil sector initiatives and interests.
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