Trump's Inaugural Fund Spent Lavishly at His D.C. Hotel, New Docs Show

President Donald Trump’s inaugural committee spent more than $1.5 million at the Trump International Hotel in Washington ahead of his 2017 swearing-in, according to internal documents reviewed by ABC News…. Compared to past inaugurations, the festivities surrounding Trump’s swearing-in were modest in scale – the non-profit group established to oversee the celebration hosted only three major events. But the amount of money involved was record-breaking – with more than $107 million raised and $104 million spent, double the amounts of President Barack Obama’s first inaugural…. "These inaugural committees if there’s not good transparency and disclosure, can turn into slush funds,” said Rep. John Sarbanes, a Maryland Democrat, who has served on the House Oversight Committee. “That’s why you need to have requirements that they disclose what the spending is, where it’s coming from, put some limits on the kind of spending that’s appropriate, so that it’s really going towards inaugural needs, and not other purposes."