Trump inauguration festivities attract record $152m in donations

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Associated Press

US President Donald Trump raised $US107 million ($NZ152 milllion) for his inaugural festivities, nearly double the previous record set by President Barack Obama eight years ago.

FILE- In this Jan. 20, 2017, file photo, President Donald Trump waves as he walks with first lady Melania Trump during the inauguration parade on Pennsylvania Avenue in Washington. Trump raised $107 million for his inaugural festivities. Trump’s inaugural committee is due to file information about those donors with the Federal Election Commission and said it would do so on Tuesday, April 18. (AP Photo/Evan Vucci, Pool, File)

President Donald Trump waves as he walks with first lady Melania Trump during the inauguration parade on Pennsylvania Avenue in Washington.

Source: Associated Press

Mr Trump's inaugural committee was due to file information about its donors with the Federal Election Commission and said it would do so tomorrow. The committee doesn't need to publicly disclose how the money was spent.

In a statement announcing its windfall, the inaugural committee said the multi-day event "was one of the most accessible and affordable inaugurations for the public in recent history."

The celebrity businessman's inaugural involved less hoopla than others in recent years.

He held three inaugural balls, compared with the 10 Obama had at his first inaugural. Mr Trump's team also shortened its parade to about 90 minutes.

The longest parade, with 73 bands and 59 floats, lasted more than four-and-a-half hours, at Dwight Eisenhower's first inauguration in 1953.

Mr Trump's $US107 million fundraising total is "an awful lot of money - it's roughly what we spent on two," said Steve Kerrigan, who was CEO for Obama's inaugural committee in 2013 and chief of staff in 2009.

Mr Kerrigan said the inaugural events may have served as an opportunity for donors who held back during the presidential campaign to try to curry favour by showing support for the incoming president.

Mr Trump placed no restrictions on the amount of money donors could give.

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