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 - Credits
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How Trump's Transition Could Open The Floodgates For Buying Influence | Business Insider