Business leaders are paying as much as $5 million to meet one-on-one with the president at his Florida compound, sources tell WIRED, while others are paying $1 million apiece to dine with him in a group setting.

It’s unclear where the money is going and what it will be used for...

“I can’t recall a sitting president in the first weeks of his administration asking for millions of dollars in fundraising,” says Don Moynihan, a professor of public policy at the University of Michigan. “The concern is less about fundraising and more about access and influence … People hoping to get favorable treatment view it in their interest to donate money to Trump.”