Trump, Inc.

Where’d Trump’s Record Inauguration Spending Go? 'It’s Inexplicable'

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Sinopsis

Last month, the committee that ran President Donald Trump’s inaugural festivities released basic details about its revenues and spending. Trump raised $107 million, almost twice the previous record, and spent $104 million. The committee’s tax filing showed that $26 million of the spending went to an event planning firm started in December by a friend of the First Lady. It’s not clear how the firm spent that money, or how most of the money raised for the inauguration was used. The tax filing doesn’t show spending by subcontractors, nor is it required to do so. In this week’s episode of Trump Inc., we dig into the inauguration. We’ve found that even experienced inaugural planners are baffled by the Trump committee’s massive fundraising and spending operation. We also noticed that two members of the inaugural committee have been convicted of financial crimes, and a third — the committee’s treasurer — was reportedly an unindicted co-conspirator in an accounting fraud. Greg Jenkins led President George W. Bush’s s