Are Trump's transition donors buying influence in DC?

President-elect Donald Trump's transition will be funded entirely by private donors. His unprecedented move to reject federal funds typically allocated to presidential transitions allows him to shield the identity of donors. We explore why this matters in a video collaboration between Politico and Business Insider. 00:00 - Introduction 01:02 - History of the Presidential Transition Act 02:35 - The General Services Administration 05:10 - Federal transition budgets 06:55 - Why the president-elect needs private donors 08:13 - Ethics plans and conflicts of interest 09:14 - Big donors to the Trump-Vance team 10:30 - Future transfers of power 11:33 - End credits ----------------------------------------- Subscribe to our channel! https://www.youtube.com/channel/UCgjtvMmHXbutALaw9XzRkAg?view_as=subscriber Check out our video catalog: https://www.politico.com/video Follow POLITICO here: ➤ X: https://x.com/politico/ ➤ Instagram: https://www.instagram.com/politico/ ➤ Facebook: https://www.facebook.com/politico/