From the Intercept:
Who’s Paying for Inauguration Parties? Companies and Lobbyists With a Lot at Stake
- Corporate interests that were largely reluctant to embrace Donald Trump during the presidential campaign last year are finally opening their checkbooks to underwrite the festivities sweeping Washington, D.C., to welcome his incoming administration.
- Firms with a great deal riding on the major policy agenda items of the next four years have lined up to sponsor the endless parade of hors d’oeuvres and open bars at parties across the city.
- Topping the list are firms with interests in pharmaceuticals, oil, and defense contracting — highly regulated industries that have much at stake with ongoing policy discussions over drug pricing, environmental regulations, and the defense sequester.