Pfizer, Unions, Others Donated $61.8 Mln For Biden’s Inauguration Event

U.S. President Joe Biden raised $61.8 million for his inauguration events, receiving large contributions from corporations, labor unions and wealthy individuals, according to a financial disclosure.

The Democratic president’s inaugural committee took in $1 million in contributions each from about 10 big companies, including Pfizer Inc, the maker of one of the COVID-19 vaccines being deployed in the United States, as well as from AT&T Services Inc, Bank of America Corp and Boeing Co.

Corporations making $1 million donations also included Uber Technologies Inc (UBER.N), Lockheed Martin Corp and Qualcomm Inc., according to the filing submitted on Tuesday with the Federal Election Commission.

The committee also received $1 million from the International Brotherhood of Electrical Workers, a major labor union.

About a dozen individuals donated $500,000 each, according to the filing.