This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Democrats demand tech bros clarify money being tossed at Trump
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Politics > Democrats demand tech bros clarify money being tossed at Trump
Politics

Democrats demand tech bros clarify money being tossed at Trump

Editorial Board Published January 18, 2025
Share
Democrats demand tech bros clarify money being tossed at Trump
SHARE

Democratic Sens. Elizabeth Warren of Massachusetts and Michael Bennet of Colorado despatched letters to tech firm CEOs at OpenAI, Apple, Amazon, Google, Meta, Microsoft, and Uber about their or their firms’ million-dollar donations to Donald Trump’s inaugural fund. 

In every letter, the senators remind the tech giants that their beneficiant donations come at a suspicious time as their business has “come under increased scrutiny from federal regulators for antitrust violations, violations of privacy, and harms to workers, consumers, and competition.”

“We are concerned that your company and other Big Tech donors are using your massive contributions to the inaugural fund to cozy up to the incoming Trump administration in an effort to avoid scrutiny, limit regulation, and buy favor,” the letter reads.

A few of these big-money donations come from folks like Amazon’s Jeff Bezos, whose firm reportedly donated at the very least $1 million to Trump’s inauguration. However as Warren and Bennet defined within the letter to the Amazon CEO, his firm “is the subject of multiple ongoing regulatory actions, including multiple Federal Trade Commission (FTC) suits related to anticonsumer and anticompetitive practices, a Department of Justice (DOJ).”

Uber and its CEO Dara Khosrowshahi donated a mixed $2 million to Trump’s inaugural fund. 


Uber CEO Dara Khosrowshahi

“The company is the subject of an ongoing FTC investigation for predatory practices,” Warren and Bennet wrote of their letter to him, referring to the latest investigation into the ride-hailing firm’s subscription and cancelation insurance policies.

OpenAI CEO Sam Altman donated $1 million to Trump. And the senators’ letter to him particulars how his firm is beneath each an FTC investigation regarding its client practices in addition to one from the Securities and Change Fee regarding its traders.

Google donated $1 million to Trump’s fund, and CEO Sundar Pichai was reminded by Warren and Bennet that the search large “was found by a federal court to have an illegal monopoly over the online search market.” Google has promised to attraction the ruling, and it will likely be as much as Trump’s Division of Justice to determine whether or not to contest its attraction.

FILE - Mark Zuckerberg talks about the Orion AR glasses during the Meta Connect conference on Sept. 25, 2024, in Menlo Park, Calif. (AP Photo/Godofredo A. Vásquez, File)
Meta CEO Mark Zuckerberg

In accordance with Democracy Now, Trump’s inauguration committee has raised upward of $250 million. To place into perspective, earlier than Trump’s inaugural committee raised greater than $100 million throughout his first go-round, the most important amount of cash ever spent on an inauguration was President Barack Obama, who reportedly raised $50 million. Craig Holman, a lobbyist for the consumer-rights group Public Citizen, studies that a lot of that cash has been donated by billionaires, such because the tech CEOs whom Warren and Bennet despatched the letters to.

Most of the CEOs who acquired letters from the senators are anticipated to attend Trump’s inauguration on Monday, and have been given VIP standing for the day. And it price them solely a drop of their buckets.

TAGGED:broscashdemandDemocratsexplaintechtossedTrump
Share This Article
Twitter Email Copy Link Print
Previous Article Trump is getting again to enterprise and CEOs are prepared Trump is getting again to enterprise and CEOs are prepared
Next Article Who’s Jon Husted, Vance’s alternative within the Senate? Who’s Jon Husted, Vance’s alternative within the Senate?

Editor's Pick

Kirill Dmitriev’s Vision: The Russia-Alaska Tunnel as a Geostrategic Imperative

Kirill Dmitriev’s Vision: The Russia-Alaska Tunnel as a Geostrategic Imperative

Executive Summary: A Strategic Announcement In a landmark social media post dated October 16, Kirill Dmitriev, Chief Executive Officer of…

By Editorial Board 6 Min Read
Ottawa’s culinary neighborhood mourns younger Inuk chef killed in stabbing
Ottawa’s culinary neighborhood mourns younger Inuk chef killed in stabbing

The final time Patrick Garland noticed Joshua Qiyuk, the younger chef was…

3 Min Read
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion
The 2025 Denim Playbook: The Finest Denims and Manufacturers for Each Type | Fashion

We independently consider all advisable services. Any services or products put ahead…

6 Min Read

Oponion

Pfizer Forecasts  Billion in 2022 Sales From Covid Vaccine, Treatment

Pfizer Forecasts $54 Billion in 2022 Sales From Covid Vaccine, Treatment

As Pfizer Inc. PFE -2.84% forecasts strong sales this year…

February 8, 2022

How Nvidia’s monster rally broke your tech ETF

The Kobeissi Letter editor-in-chief Adam Kobeissi…

October 1, 2024

Evaluation: Phish accomplishes one thing so spectacular in San Francisco

From the second the band took…

April 24, 2025

Have fun the Festive Season in Fashion: Skechers Brings You the Final Vacation Shoe Information | Fashion

We independently consider all advisable merchandise…

November 20, 2024

Households sacrifice money and time caring for family members. A brand new caregiver calculator reveals the excessive price.

Throughout the U.S., relations caring for…

October 14, 2024

You Might Also Like

Nepo grandbaby will get to play golf due to grandpa
Politics

Nepo grandbaby will get to play golf due to grandpa

Kai Trump, daughter of Donald Trump, Jr. and granddaughter of the president, is sort of the golfer. So it’s no…

5 Min Read
Trump’s ‘historic’ Center East peace deal did not even final a month
Politics

Trump’s ‘historic’ Center East peace deal did not even final a month

Republican elected officers, right-wing pundits, and gullible reporters all heaped mountains of reward onto President Donald Trump after Hamas and…

3 Min Read
White Home arms one other win to the Confederacy
Politics

White Home arms one other win to the Confederacy

A Accomplice statue has been reinstalled because of President Donald Trump’s ongoing mission to revive landmarks and tributes linked to…

4 Min Read
Seems to be just like the legal professionals obtained the Trump third-term speaking factors
Politics

Seems to be just like the legal professionals obtained the Trump third-term speaking factors

All good conservatives know that the best way to President Donald Trump’s coronary heart is chilly, exhausting money—ideally a number…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?