President-elect Donald Trump Donald John TrumpOmar fires back at Trump over rally remarks: 'This is my country' Pelosi: Trump hurrying to fill SCOTUS seat so he can repeal ObamaCare Trump mocks Biden appearance, mask use ahead of first debate MORE will relax donation restrictions on corporations and individuals to raise money for his inauguration, according to The New York Times.

But he will ban contributions from lobbyists, a follow-up to his team's purge of lobbyists from the transition effort.

Several sources involved in the planning told the newspaper that Trump is hoping to raise between $65 million and $75 million to fund festivities and parades related to his inauguration.

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In 2009, Obama put in place strict restrictions on inaugural donations, limiting individual contributions to $50,000 while banning donations from lobbyists and corporations, according to the report.

Those restrictions, however, were loosened during his second inauguration and are set to be relaxed even further by the new president-elect.

The Times reported that Trump would accept corporate donations up to $1 million and allow money to be transferred from super-PACs on a case-by-case basis, citing officials involved in the planning.

The move by Trump could raise eyebrows from critics who have pressured the president-elect to uphold his campaign-long pledge to limit the power of special interests in Washington D.C.