Donald Trump, who won the US presidential election, is causing a wave of controversy by refusing to disclose the sources of funding for his transition team. This team is preparing for the inauguration, which will take place on 20 January 2025, The New York Times reports .
Despite the fact that the administration of current President Joe Biden is ready to allocate $7.2 million in federal funds for the needs of the transition team, Trump has not yet signed a memorandum of understanding. Instead, he is relying on funding from private donors who remain unknown.
A dangerous precedent
Experts note that this decision creates a risk of a conflict of interest. Donors seeking to influence the new administration could make significant contributions without disclosing their names or intentions. This is particularly worrying because, unlike campaign finance, the law allows foreign nationals to support transitional teams.
“In this way, individuals or organisations seeking to gain favour with the new administration can make donations directly without fear of public outcry or legal repercussions,” the article says.
Promises to sign an agreement
Representatives of the Trump transition team say they intend to sign an agreement with the Biden administration. However, no clear timeline for this step has been given.
Trump’s actions have already drawn criticism from political experts and members of the public. This decision is a sharp departure from the transparent practices of previous presidents.
Analysts believe that the refusal to disclose financial sources is part of Trump’s broader strategy to strengthen his political influence before officially taking office.