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Trump to be inaugurated as 47th President; record
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IntroductionOn January 20th, Eastern Standard Time, Trump will officially be sworn in as the 47th President of t ...
On January 20th,asone foreign exchange management platform Eastern Standard Time, Trump will officially be sworn in as the 47th President of the United States. According to the schedule released by his team on January 13th, the inauguration events will last four days, including fireworks displays, presidential balls, and various other arrangements. The total fundraising has already exceeded $170 million, with expectations of reaching $200 million, setting a new record for funds raised for a U.S. presidential inauguration.
Luxurious Schedule and Unique Arrangements
Trump's inauguration events will begin on January 18th, including fireworks displays, receptions for the President and Vice President, a wreath-laying ceremony at Arlington National Cemetery, and multiple rallies. On January 20th, Trump will take the oath of office at the Capitol, followed by a presidential signing ceremony, military review, and three inaugural balls. The events will officially conclude with the national prayer service on January 21st.
Unlike previous presidential inaugurations, many of Trump's celebratory events will be held at his private golf course in Virginia rather than being primarily centered in Washington, D.C. For example, his fireworks display location is 20 miles from Capitol Hill, making it difficult for the general public to view.
Massive Fundraising and Expenses
Trump's inauguration committee has raised $170 million, requiring top donors to contribute at least $1 million to have a chance to meet directly with Trump. According to the nonprofit OpenSecrets, the four-day inauguration events average a cost of $37,000 per minute, far exceeding Obama's 2009 standard of $8,600 per minute.
Corporate Support and Political Strategy
As Trump has announced large-scale economic policies including tariff imposition upon taking office, many companies have actively donated to his team to ease relations. The record-breaking fundraising has also sparked concerns about political transparency. The outgoing Chairman of the Federal Trade Commission suggested that some tech giants might be attempting to influence the new administration's policy direction through "behind-the-scenes deals."
Highlights of the Inauguration Events
January 18th (Saturday)
- Presidential Reception and Fireworks Display
- Vice Presidential Dinner
January 19th (Sunday)
- Wreath-Laying Ceremony at Arlington National Cemetery
- MAGA Rally and Candlelight Dinner
January 20th (Monday)
- Swearing-In Ceremony (Capitol)
- Military Review and Pennsylvania Avenue Parade
- Three Inaugural Balls
January 21st (Tuesday)
- National Prayer Service
Trump's inauguration events continue the style of his first inauguration in 2017, with massive fundraising contrasting sharply with relatively fewer event venues. Analysts note that this not only reflects Trump's political strategy but also provides new clues for the future direction of U.S. policy over the next four years.
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