© 2020 WFAE
90.7 Charlotte 93.7 Southern Pines 90.3 Hickory 106.1 Laurinburg
Play Live Radio
Next Up:
0:00
0:00
Available On Air Stations

Bloomberg: To Raise Money, Obama Convention Speech May Move To BofA Stadium

The final day of the Democratic National Convention could be moved to Bank of America Stadium. Bloomberg News reports President Obama's re-election campaign is considering moving the final day's activities to the stadium to sell more skyboxes to wealthy donors. The Bloomberg story reports that convention planners are having difficulty meeting its $33.6 million fundraising goal. Moving the day's events to the 74-thousand seat stadium would allow organizers to sell more floor passes. The story cites two anonymous Democratic sources. The story also describes a Dec. 15 briefing in Washington, D.C., that included Charlotte DNC host committee chairman Jim Rogers and Democratic National Convention Committee CEO Steve Kerrigan: At a Dec. 15 briefing at the Jefferson Hotel in Washington, Rogers, along with Steve Kerrigan, the convention's chief executive officer, sought to enlist federally registered lobbyists, who are barred from contributing directly to Obama's campaign or convention, to get corporate clients to help underwrite the convention, according to two of the people. The main host committee will accept in-kind contributions from corporations and cash from corporate foundations, individual and partnerships, the two people said Rogers and Kerrigan told the assembled lobbyists and potential donors. Rogers and Kerrigan also said they were behind their fundraising goals, the people said. The Democatic National Convention Committee released a one-sentence statement from Kerrigan after the story was published: "Decisions about convention planning are driven by engaging more people in the process, not by money."