Chevron, a major player in New Mexico’s Permian Basin, has made an undisclosed contribution to President Donald Trump’s inauguration committee. According to watchdog group Public Citizen, 31 corporations have pledged at least $32.1 million, a portion of the $170 million raised by the committee. Chevron is the only oil and gas company to publicly announce its donation, though the specific amount remains unknown.
Trump’s inauguration is expected to be the most expensive in history, surpassing the $107 million raised for his first inauguration in 2017. Critics are concerned about the influence of corporate money on the incoming administration, particularly as Chevron had also made significant donations to Obama’s inauguration in 2013.
This influx of corporate donations is drawing attention to the potential impact on the new administration’s policies and decisions over the next four years. Both Chevron and Trump’s inauguration committee declined to comment on the matter. It remains to be seen how these donations will shape the relationship between the oil and gas industry and the incoming Trump administration.
Source
Photo credit nmpoliticalreport.com