Citi plans to donate undisclosed amount to Trump inauguration

January 8, 2025 6:55 PM EST

FILE PHOTO: The logo of Citibank is seen on a board at the St. Petersburg International Economic Forum 2017 (SPIEF 2017) in St. Petersburg, Russia, June 1, 2017. REUTERS/Sergei Karpukhin/File Photo

(Reuters) - Wall Street giant Citigroup plans to contribute an as-yet undisclosed sum to President-elect Donald Trump's inauguration fund, according to a person familiar with the matter, joining fellow major lenders Bank of America and Goldman Sachs.

Top donors to Trump's inauguration fund, which may raise a record-breaking sum, will gain access to Trump and Vice President-elect J.D. Vance during a suite of high-end festivities in the weekend prior to Trump's swearing in on Jan. 20, according to media reports.

Cryptocurrency firms, tech giants and automakers have announced contributions of $1 million or more.

(Reporting by Douglas Gillison; Editing by Chris Reese)



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Goldman Sachs, Donald J. Trump, Citi, BofA/Merrill Lynch