Texas news update : North Texas companies at Trump's swearing-in ceremony

North Texas companies at Trump's swearing-in ceremony

In order to keep positive relations with influential legislators, big businesses usually give donations to both political parties. Major contributions included Bank of America and other companies.

This is somewhat of a comeback because big businesses typically give to both parties in order to maintain their good standing with influential legislators. In interviews with the *Dallas Business Journal*, AT&T and Toyota both attested to this. AT&T stated: "Regardless of whatever party wins the White House, AT&T is supporting the 2025 inaugural, as we have done for all inaugurations for over thirty years. We prepare our network for such events and invest heavily in it. All of these contributions are made public.

What Toyota stated is as follows

"In America, the inauguration of a new president is a long-standing custom. Toyota Motor North America, like many other businesses, is happy to support the inaugural celebrations, which reflects our strong and expanding presence in the United States. 

After the commotion at the Capitol, several businesses delayed or altered their approach to political contributions, which was the main focus of the Wall Street Journal's research. Given this, these contributions can be interpreted as the resurgence of corporate America and a sign of optimism for a more cordial relationship between large corporations and a second Trump administration.

The WSJ reports that the January inauguration's organizers are hoping to generate more money than the $107 million raised for Trump's last inaugural. The study found 13 businesses that gave $1 million or more, which might be larger than the 18 businesses who gave $1 million or more to the first fund in 2017.