Transcript
Jane Coston (0:02)
It's Monday, January 20th, Inauguration Day. I'm Jane Coston, and this is what a Day. The show that remembers that. It's also Martin Luther King Jr. Day, a day to honor a truly American hero. Happy birthday, Dr. King. On today's show, TikTok goes dark in the US for, like, half a day. But now it's back. But for how long? And a tenuous ceasefire agreement between Israel and Hamas leads to the war's first meaningful pause in fighting in more than a year. Today is inauguration day in D.C. and because it's apparently too cold for the typical outdoor ceremony, President Elect Donald Trump and Vice President Elect JD Vance will be sworn in at the Capitol Rotunda. Afterwards, Trump will hold a big party at Capitol One arena in Chinatown. And yes, that's the same Chinatown Trump seemed to believe was controlled by the country of China back in 2023. Anyway, there will be much pageantry. Carrie Underwood will take a break from singing the theme to Sunday Night Football to Sing America the Beautiful. And then there's the Liberty Inaugural Ball, which will feature a cursed combination of performances by the rapper Nelly, country singer Jason Aldean, and disco band the Village People. And there will be money. Lots of money. From Amazon to Meta to cryptocurrency firms and high level CEOs, Trump's inauguration committee has pulled in $170 million, nearly double the amount of money President Biden's inauguration did four years ago. That reminded me of Trump's first inauguration, which raised a then record $107 million from a number of donors and resulted in multiple investigations and at least one lawsuit because inaugurations don't cost $100 million. So to explore the parallels between today's inauguration in 2017, I spoke with reporter Ilya Merritz. He is the former co host of the WNYC podcast Trump Inc. Which was all about who profited off the first Trump administration. He's currently the host of the Boston Globes, the Harvard Plan about Higher Ed and culture wars. Ilya, welcome to why Today.
Ilya Merritz (2:01)
Great to be here. Thank you for having me.
Jane Coston (2:03)
So, I don't know if you know this, but a lot has happened since 2017. So I think we can all be forgiven for forgetting some of the big stories that came out of Trump's first inauguration. Besides all of the lies about the crowd size, can you remind us of some of the questions that swirled around inauguration number one?
Ilya Merritz (2:20)
There were a lot. I spent quite a while as a reporter kind of looking at his inaugural fund, which brought in a huge amount of money over $100 million, which at the time had set a record. And I remember going to people of both parties who had planned previous presidential inaugurations and was like, is it possible to spend $100 million, especially like on a kind of a smaller inauguration? Which it was. And they were just absolutely stumped. So what I think is like, really interesting though right now drawing a contrast between, between this one and that one, is that inauguration, although it brought in a lot of money, it didn't bring in a lot of big name corporate money, it didn't bring in a lot of big name executives. This time it's like a whole different ball game, right?
