Nvidia and Apple each committed $25 million for US President Donald Trump’s planned White House ballroom, according to a Washington Post report on Thursday that showed $333 million in private donations for the project.
\n\nThe Adelson family, longtime financial supporters of Trump and his Republican Party, committed $25 million as well, as did billionaire Charles Ergen, co-founder and chairman of telecommunications company Dish Network, the report added.
\n\nThe president himself is not on the list, according to the Post.
\n\nReuters has not verified the report. The White House said it would not release information about the donors, which spokesman Davis Ingle said ”represent a wide array of great American companies.”
\n\n”The same critics who are alleging fake conflicts of interests, would also complain if American taxpayers were footing the bill for these long-overdue renovations,” Ingle told Reuters.
\n\nNvidia said it was proud to make a donation to a nonpartisan trust that serves Americans. ”As an American company, our support for the United States is paramount, and independent of any business interests,” a spokesperson said.
\n\nThe scale of the ballroom project and the administration’s handling of fundraising and disclosures have drawn criticism from watchdog groups and legal experts, who say it…
Original source: https://www.cnbctv18.com/technology/
