Trump Rewards
Big Donors with Jobs and Access
Contributors who met with Trump gave about $59 million
in support of his campaign and other Republicans,
averaging more than $800,000 per donor.
By Isaac Arnsdorf
December 27, 2016
"Information
Clearing House"
- "Politico"
- More than
a third of the almost 200 people who have met with
President-elect Donald Trump since his election last
month, including those interviewing for administration
jobs, gave large amounts of money to support his
campaign and other Republicans this election cycle.
Together the 73 donors contributed $1.7 million to Trump
and groups supporting him, according to a POLITICO
analysis of Federal Election Commission records, and
$57.3 million to the rest of the party, averaging more
than $800,000 per donor.
Donors also represent 39 percent of the 119 people Trump
reportedly considered for high-level government posts,
and 38 percent of those he eventually picked, according
to the analysis, which counted candidates named by the
transition and in news reports.
While campaign donors are often tapped to fill comfy
diplomatic posts across the globe, the extent to which
donors are stocking Trump’s administration is
unparalleled in modern presidential history, due in part
to the Supreme Court decisions that loosened
restrictions on campaign contributions, according to
three longtime campaign experts.
The access and appointments are especially striking
given Trump’s regular boasting during his campaign that
his personal fortune and largely self-funded
presidential bid meant that he would not be beholden to
big donors, as many of his rivals would.
“If the people
who are counseling the president-elect are the donor
class — who, as Trump told us, give because they want
something in return, those are his words — you will not
get the policies his voters were hoping for,” said
Trevor Potter, an election lawyer who advised John
McCain’s 2000 and 2008 presidential campaigns and
founded the Campaign Legal Center.
“The risk here
is disillusionment by the voters who voted for change
and are going to end up with a plutocracy,” Potter said.
A Trump
transition spokesman said: "President-elect Trump has
nominated successful and qualified individuals to serve
in his administration to implement a pro-growth,
pro-America agenda. Together, they are committed towards
ending the corrupt Washington system that have failed
the American people for far too long."
In the
primaries, Trump called Jeb Bush and Marco Rubio
“puppets” for accepting big money. He also attacked
Hillary Clinton for meeting with donors to the Clinton
Foundation when she was secretary of state, even though
he overstated the proportion of such meetings, and those
donations went to charity, not toward putting Clinton or
other Democrats in office.
“By
self-funding my campaign, I am not controlled by my
donors, special interests or lobbyists,” Trump declared
on Facebook in September 2015. “I am only working for
the people of the U.S.!”
At the 2015
Iowa State Fair, Trump said he was rejecting large
contributions because he knew they came with strings
attached.
“I'm turning
down so much money,” Trump said. “But if [someone] put
it up, I’d feel obligated, because I’m a loyal person.”
Later, Trump
did start fundraising more actively and also taking
money from some of the Republican Party’s largest
donors. Now several of them are joining his
administration.
Trump has
stocked his Cabinet with six top donors — far more than
any recent White House. “I want people that made a
fortune. Because now they’re negotiating with you, OK?”
Trump said, during a Dec. 9 speech in Des Moines, Iowa.
“The way this
whole transition is going so far, we have as a general
matter an unbelievable and shocking disregard for
propriety and conflicts, much less the raging
hypocrisy,” said Norm Ornstein, a political scientist at
the American Enterprise Institute, a
conservative-leaning think tank. “The bigger issue is
the huge conflicts of interest, and the utterly brazen
way Trump and the people around him [are] turning this
into pay-to-play in a fashion never seen before.”
The biggest
donor who has met with Trump since the election is Todd
Ricketts, Trump’s pick for deputy secretary of commerce.
Ricketts hails from the family that founded TD
Ameritrade, owns the Chicago Cubs and is among the
Republican Party’s top benefactors. They handed
Republicans more than $15.7 million for 2016 and more
than $26 million in previous cycles. The family also
organized a super PAC called Future45 that became the
largest unlimited-money group supporting Trump. Todd
Ricketts personally donated $63,835 to Republicans.
Trump’s choice
to lead the Department of Education, Betsy DeVos, and
her family (heirs to auto parts and multi-level
marketing fortunes) spent $10.4 million this cycle,
including $445,000 to Trump’s joint fundraising
committee (known as Trump Victory) and one of the super
PACs supporting him. She and her husband, Dick, have
contributed to the campaigns of 17 senators who will
vote on whether to confirm her.
Linda McMahon,
the wrestling magnate whom Trump named to helm the Small
Business Administration, gave $6 million to a pro-Trump
super PAC. She and her husband, Vince, are also the
largest donors to Trump’s foundation.
Labor
Secretary-designee Andy Puzder, CEO of the parent
company of the Carl’s Jr. and Hardee’s fast food chains,
and his wife gave $160,000 to Trump Victory and more
than $600,000 to other Republicans this cycle.
Trump’s pick
for treasury secretary, investor Steven Mnuchin,
personally chipped in $425,000, but was arguably
responsible for almost everything Trump raised as his
campaign’s finance chairman.
Beyond the
donors joining Trump’s administration, two of his
biggest benefactors perhaps wield more influence over
the transition than any individual donors in history.
Rebekah Mercer
— who with her father, the hedge fund billionaire Robert
Mercer, spent more than $22 million backing Republicans
this past cycle — is closely aligned with chief
strategist Steve Bannon and special counselor Kellyanne
Conway, and she has taken a
crucial role picking Cabinet nominees. Robert
Mercer gave $2 million to a pro-Trump super PAC.
Peter Thiel,
the Silicon Valley venture capitalist playing an
influential role on Trump’s transition team, spent
almost $3.3 million this cycle, including $250,000 to
Trump Victory and $1 million to a super PAC.
Trump also met
with former AIG CEO Maurice “Hank” Greenberg, who gave
Republicans more than $10 million this cycle (including
through his company, C.V. Starr & Co.), on Dec. 12 and
with Cerberus Capital Management CEO Steve Feinberg, who
gave $339,400 to Trump Victory and $1.47 million to a
pro-Trump super PAC, on Nov. 16. It wasn’t clear whether
they were being considered for administration jobs or
why they got to sit down with the president-elect.
Trump has
reveled in the weeks-long pageant of dignitaries
parading through Trump Tower, and his aides say he’s
seeking out the counsel of people who are leaders in
their fields. Many are not donors, including a number of
public officials. Some even donated to Hillary Clinton
or other Democrats.
POLITICO
compiled the list of meetings from the transition’s
daily conference calls and confirmed news reports. Donor
tallies include spouses and, in the case of Ricketts and
DeVos, other close relatives who participate in the
families’ political largess.
The totals also
include the roughly $3.3 million that John Bolton, who
was in the running for a State Department post, raised
for Republicans through his PAC and super PAC, and
$100,000 that Ben Carson, Trump’s pick for Housing and
Urban Development, transferred to Trump’s campaign from
his own defunct presidential fund.
“It’s safe to
say this is a departure from what we normally see in
terms of Cabinet appointments,” said Sheila Krumholz,
executive director of the Center for Responsive
Politics, a nonpartisan nonprofit that tracks money in
politics. “There will be a lot of debate about whether
money played a disproportionate role in their
nomination, but the larger question looms of what
exactly are their qualifications, political patronage
aside.”
Brent
Griffiths contributed to this report.
The views
expressed in this article are the author's own and do
not necessarily reflect Information Clearing House
editorial policy. |