Trump's Crypto & AI Dinners: A New Move in the Game
Trump organizes extravagant dinner gathering priced at $1.5 million per plate, potentially stockpiling funds for his 2028 presidential bid.
It seems like President Trump's dinner parties are just heating up! On May 5, he held a swanky fundraiser, this time targeting the crypto and artificial intelligence sectors, with a whopping $1.5 million per plate fee for the "Crypto & AI Innovators Dinner." Hosted by MAGA Inc., tech investor David Sacks attended the event, aims to shape future regulations. This high-priced soiree marks just one in a series of Trump's lavish fundraising dinners.
Is Another Term in the Cards for Trump?
There's been no clear reason behind these fancy dinners, yet the Constitution's 22nd Amendment forbids Trump from running for a third term. However, despite these restrictions, last month, the Trump Organization started selling "Trump 2028" caps. In a recent interview with NBC News' "Meet the Press" moderator Kristen Welker, Trump declared, "I'll be an eight-year president; I'll be a two-term president. I always thought that was very important."
However, while Trump's potential for another run is constitutionally restricted, the money raised from these events could provide him enormous political sway over Republican candidates and party policy direction. On May 22, Trump will host another dinner, inviting the top 220 holders of the $TRUMP meme coin, with a black-tie optional dress code.
Dinners Amid Trump Tariff Uncertainty
Despite the turmoil caused by Trump tariffs on the global economy, these dinner parties continue to happen. On April 4, Trump hosted a $1 million-a-person candlelight dinner at Mar-a-Lago, and another $1 million-a-head MAGA Inc. dinner is scheduled for April 24 in Washington. Donors can "co-host" the dinner for $2.5 million or become a "host" for $5 million. The day after announcing worldwide tariffs, Trump attended a LIV Golf dinner in Miami ahead of a three-day LIV tournament at Trump National Doral.
Sources: [1] AI and cryptocurrency regulations.[2] Trump's desire for a second term.[3] Potential successors to Trump.
- The crypto and artificial intelligence sectors will likely have a role in shaping future regulations, as indicated by tech investor David Sacks' attendance at President Trump's funding dinner.
- Despite the 22nd Amendment restricting President Trump from running for a third term, the fundraiser dinners he hosts could grant him significant political influence over Republican candidates and party policy direction.
- In a move to hint at a potential second term, the Trump Organization is selling "Trump 2028" caps, and President Trump himself has stated, "I'll be an eight-year president; I'll be a two-term president."
- High-profile dinner events, such as the "Crypto & AI Innovators Dinner," continue to be held by President Trump, despite uncertainties in the global economy due to his tariffs.
- On May 22, President Trump will host another dinner, inviting the top holders of the $TRUMP meme coin, showcasing his continued interest in the crypto market.
- Amidst the discussions of regulation, finance, and business, political news outlets are also keeping a close eye on potential successors to President Trump.
- The intellectual circle surrounding President Trump's dinners is not only composed of business leaders but also those involved in technology and artificial intelligence, such as David Sacks.
- Despite the high costs and uncertainty, these lavish dinners have attracted many wealthy contributors, demonstrating the drawing power of President Trump in the general news sector, including finance, economy, and politics.
