The research agency was just the latest recipient of Trump’s presidential salary. Supreme Court, litigation against Donald Trump and clashes over abortion rights. Durkee previously covered U.S. politics at Vanity Fair and Mic, and as a theatre journalist she served as a New York Outer Critics Circle voter.
- Those $25 million checks rank as the biggest federal political donations any company gave in 2024.
- While Harris outraised Trump overall and secured donations from dozens of billionaires, the vice president got little support from corporate interests, FEC filings show.
- His first administration also rejected an advisory committee’s advice to urge men to cut back on alcohol consumption.
- His older brother, Fred Jr., died in 1981 after struggling with alcoholism, and the president has said he learned from his brother’s experience.
- He saw firsthand the destructive power of alcohol, not just on his brother’s life but on the physical toll it took as well.
- Super PACs backing Harris also received some smaller amounts from companies, such as a PAC affiliated with the game Cards Against Humanity giving $159,000 to Women Vote PAC, the political committee arm of Emily’s List that helps elect female candidates.
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Harris, meanwhile, drew support from leaders including LinkedIn founder Reid Hoffman, who gave approximately $12 million to Future Forward and Harris’ campaign, and Netflix chairman Reed Hastings, whose $7 million donation to Harris led some Republicans to cancel their Netflix subscriptions. Other prominent Harris backers in the business community include businessman Mark Cuban, Bloomberg LP owner Michael Bloomberg, Pinterest co-founder Paul Sciarra, Airbnb co-founder Joe Gebbia and former Google CEO Eric Schmidt. Beyond the presidential race, the biggest industry giving money to federal candidates this year was cryptocurrency, as crypto companies became a major political force in downballot races with the formation of their own Fairshake PAC. The super PAC, which donated to candidates on both sides of the aisle that advocate in favor of cryptocurrency, received at least $25 million each from Coinbase and Ripple Labs, as well as private venture capital firm Andressen Horowitz. Those $25 million checks rank as the biggest federal political donations any company gave in 2024. While Fairshake and crypto companies did not wade into the presidential race directly, both Harris and Trump also received big donations from major crypto players.
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The departments of Education, Health and Human Services, Transportation and Veterans Affairs, among others, have accepted Trump’s donations. The departments of Education, Health and Human Services, Transportation and Veterans Affairs, among others, have accepted Trump’s donations. His older brother, Fred Jr., A Guide To Sober House Rules: What You Need To Know died in 1981 after struggling with alcoholism, and the president has said he learned from his brother’s experience. Trump pledged as a candidate in 2016 to not accept the $400,000 annual presidential salary he would be due if elected. His older brother, Fred Jr., died in 1981 after struggling with alcoholism, and the president has said he learned from his brother’s experience. Donors raised $1.7 billion in 2024 to back Harris’ campaign, between her main fundraising committee Harris Victory Fund and Future Forward.
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“I had a brother, Fred. Great guy, best-looking guy, best personality, much better than mine,” Trump said during a 2018 news conference. “But he had a problem. He had a problem with alcohol, and he would tell me, ‘Don’t drink. Don’t drink.’ He was substantially older, and I listened to him and I respected (him).” Trump has said that his brother Fred’s struggle with addiction led him to avoid drinking and smoking entirely.
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While visiting the White House in 1995, then-Russian president Boris Yeltsin reportedly got so drunk that secret service agents found him standing on Pennsylvania Avenue in nothing but his underwear trying to flag down a taxi and demanding a pizza. Before his passing, Fred would frequently tell Trump to never drink or smoke — a warning the 45th president says he’s followed. Trump’s brother, Fred Jr., died nearly four decades ago at the age of 43 after battling alcohol addiction.
The industry routinely spends millions of dollars lobbying Congress. “I watched him. I was surprised at how vocal he was about the fact that he likes beer,” Trump said at the time. “This is not a man that said that he was perfect with respect to alcohol.”
- He explained that seeing the physical toll drinking took on his brother also put him off touching booze.
- The most recent donation is a personal issue for the president.
- Geosor Corporation, a company owned by billionaire and Democratic megadonor George Soros, also put $10 million into Soros’ Democracy PAC, which sent money to super PACs that supported Harris’ campaign.
- WASHINGTON (AP) — President Donald Trump has donated his salary from the third-quarter of 2018 to the federal agency that researches alcoholism and alcohol-related problems.
- Follow her for continued coverage of Trump’s ongoing legal issues, the 2024 election and major cases at the Supreme Court.
- The super PAC, which donated to candidates on both sides of the aisle that advocate in favor of cryptocurrency, received at least $25 million each from Coinbase and Ripple Labs, as well as private venture capital firm Andressen Horowitz.
Trump donates $100,000 from salary to alcoholism research
While companies may have largely stayed out of the presidential race, wealthy business leaders spent millions personally trying to get both candidates elected, with more than 100 billionaires publicly backing either Trump or Harris. Billionaire Elon Musk, the CEO of companies including Tesla and SpaceX, spent more than $200 million helping Trump, largely through Musk’s America PAC. Richard and Elizabeth Uihlein, who founded shipping company Uline, also gave a combined $10 million to Make America Great Again, Inc., while Miriam Adelson—who still owns half of Las Vegas Sands following the death of her husband, casino magnate Sheldon Adelson—gave nearly $100 million to a pro-Trump PAC. Hendricks, who runs ABC Supply, also gave more https://thecinnamonhollow.com/a-guide-to-sober-house-rules-what-you-need-to-know/ than $15 million in support of Trump.
The most recent donation is a personal issue for the president. Since occupying the White House, Trump has donated to the National Park Service, Department of Transportation, the Department of Veterans Affairs, the Small Business Administration and other agencies. Trump, who by law must be compensated, has followed through on this promise by giving away his $400,000 annual government income to various federal departments every quarter. The sizable donation – which was the president’s third quarter salary of 2018 — was given to the National Institute on Alcohol Abuse and Alcoholism, the White House revealed.
The NIAA “conducts research on the impact of alcohol use on human health and well-being” and serves as “the largest funder of alcohol research in the world,” according to the organization’s website. The president’s older brother, Fred Jr., died in 1981 at age 43 after struggling with alcohol-related problems. The White House says Trump donated $100,000 to the National Institute on Alcohol Abuse and Alcoholism. Donald Trump often claims that he does not now nor has he ever imbibed alcohol, explaining that he wanted to avoid the fate of his alcoholic older brother Freddy, an airline pilot who died at 43 in 1981. It has always seemed unlikely that Trump, who has regaled other writers with raunchy tales of partying in the 1970s at Studio 54, never tried an intoxicant. He wants consumers of the Trump brand and would-be lenders to believe he always keeps it together.
Forbes reporters follow company ethical guidelines that ensure the highest quality. Follow her for continued coverage of Trump’s ongoing legal issues, the 2024 election and major cases at the Supreme Court. Trump previously defended Anheuser-Busch InBev, the world’s largest beer company, when some of his closest allies and supporters urged a boycott of the company in response to its brief partnership with the transgender influencer Dylan Mulvaney. There is a growing push among public-health groups for lawmakers to take a tougher approach to regulating alcohol.