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        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Mortgage Calculator – Students Benefits
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      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
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        • Mortgage rates today, April 3, 2020 plus reviews
          • cmc currency details
            • cmc exchange details
              • Shortcodes
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
          • Cision PR Newswire
          • Coupons – Best websites
            • Aeromexico Rewards Chart
            • Get Avios Points Free
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Bitcoin Price Bulls have been rejected at $7,000
        • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
        • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
          • Roll up the Sleeves! American Airlines was down -10.34%
          • Mortgage calculator rates today April 2, 2020
          • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
          • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
            • With Bank of America card you can request a payment deferral online
              • Bank of America fields 150,000 installment deferral demands
            • Coronavirus – Travel Insurance no cover cancellations
              • Bank of America said it won’t cut any positions
          • Bitcoin Price Today April 2 – BTC rise to $6,700
          • Mortgage calculator rates today March 31, 2020
          • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
          • Bitcoin Price Recovering After a Sharp Decline
          • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
          • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
        • Bank of America U.S. Minimum Hourly Wage Reaches $20
          • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
          • P2P Crowdlending – Average Interest Rate 18%
          • $633 Million BTC Transferred For Simply $0.26 Payment
        • Prime ICO Advertising and marketing Companies
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bitcoin Price Jump as Coronavirus Curve Begins to Flatten
            • Bitcoin Price Today April 3
            • Bitcoin Price Is Sometimes Bullish in Q2
            • Bitcoin Price Tumble Beneath $ 6,000
            • BTC Price Today 5 | April, 2020
            • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
              • Today Bitcoin Price at $6,600
                • Bitcoin Price Bulls Reaches: “Live or Die”
                • BTC Price Today | 6 April 2020
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • Bitcoin Price Rejected $6,600
              • Bitcoin Price Trace It Will Fall to $ 5 K
              • BTC Price Today April 4
                • Stock Market Today 31 March, 2020
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
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      • Best Online Savings Accounts of February 2020
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      • 6% cd rates – They Exists ?
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      • Best Credit Cards for Students 2020
      • Best Airline Credit Card 2020
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      • Best Rewards Credit Card 2020
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      • 11 Best Prepaid Debit Cards of 2020
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      • Lowe’s Credit Card
      • Get Revolut Card + £50
      • Qantas Credit Card
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      • How many credit cards should I have?
      • Is Discover Visa or Mastercard?
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      • Wells Fargo Propel – Review
      • Walmart Money Card – Review
      • Credit One Credit Card Review
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      • Travel credit card reviews 2020
      • Petal Credit Card Review
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      • Best Mortgage for Low Down Payment 2020
      • Best Mortgage Rates
      • Best VA Mortgage Lenders of 2020
      • Greatest On-line Mortgage Lenders
      • The Best Mortgage Lenders for First Time Home Buyers
    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
    • Mortgage Guides
      • Lending
      • How Mortgage Forbearance Works Under CARES Act
      • Stimulus Check
    • Mortgage Companies
      • Nationstar Mortgage
      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
      • SunTrust Mortgage
  • Commodities
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      • WTI Oil Prices
      • Brent Crude
      • Crude Oil
    • Agricultural Products
      • Corns
    • Livestock & Meat
      • Lean Hogs
    • Precious Metals
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      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
      • Best Car Insurance Quotes Online
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Bank of America – High Wilmington supporters stay devoted to Rouzer, as state companies drop him from donor listing

Yuuma Nakamura by Yuuma Nakamura
January 17, 2021
in Bank of America (NYSE: BAC)
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Home » Bank of America – High Wilmington supporters stay devoted to Rouzer, as state companies drop him from donor listing

Bank of America – High Wilmington supporters stay devoted to Rouzer, as state companies drop him from donor listing

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Trump_and_David_Rouzer-scaled.jpg” alt=”” class=”wp-image-295480″ srcset=”https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-scaled.jpg 2560w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-450×300.jpg 450w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-750×500.jpg 750w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-150×100.jpg 150w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-768×512.jpg 768w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-1536×1024.jpg 1536w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-2048×1365.jpg 2048w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-696×464.jpg 696w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-1068×712.jpg 1068w, https://portcitydaily.com/wp-content/uploads/2021/01/President_Donald_Trump_and_David_Rouzer-630×420.jpg 630w” sizes=”(max-width: 2560px) 100vw, 2560px”/>
David Rouzer and President Trump aboard Air Power One in March. (Port Metropolis Every day/Courtesy Wikimedia Commons)

SOUTHEASTERN NC — Within the wake of the assault on the U.S. Capitol, Rep. David Rouzer is shedding the assist of the state’s strongest companies. But, Wilmington’s strongest household — and Rouzer’s largest donor — is standing by their man.

“We support David,” Scott Sullivan responded Friday when requested if his firm, Jh Land LLC, totally helps Rouzer after the congressman challenged the certification of President-elect Joe Biden’s victory.

Jh Land LLC is one a part of the Cameron household’s massive portfolio of companies within the Wilmington space and donated $21,200 to Rouzer’s marketing campaign within the most-recent election cycle, in accordance with Federal Election Fee information launched Dec. 26. 

One other main native supporter for Rouzer, Dwell Oak Bank, gave no indication that it was altering its donations.

Rouzer is shedding the assist of a number of main North Carolina firms, together with Bank of America and Duke Energy, after they suspended all political donations following the occasions on the Capitol, during which pro-Trump protesters violently stormed the constructing as Congress was within the strategy of certifying the Electoral School votes. When the Home was capable of reconvene that evening, Rouzer was one of many 139 representatives and eight senators who voted to overturn the presidential election final result despite the fact that every state had licensed its outcomes.

Whereas some firms, corresponding to Walmart, General Electrical and Verizon, pulled their monetary assist solely from the members of Congress who tried to dam the election outcomes, Bank of America and Duke Energy have been amongst people who stopped all political donations — a minimum of briefly.

“For upcoming elections, we will take into account the appalling events of Jan. 6 before making any PAC decisions regarding those members,” Bank of America knowledgeable staff who’ve contributed to the corporate’s PAC. 

Bank of America was Rouzer’s 12th-largest donor within the final cycle, with $11,451 in donations. 

Duke Energy was the congressman’s 32nd-largest donor at $9,000.

Rouzer is also shedding his second-largest contributor: tobacco large Altira Group (previously Philip Morris), which is suspending all political donations. The Richmond, Va.-based firm gave Rouzer $17,800 over the 2019-20 marketing campaign cycle.

Contacted Saturday concerning the lack of donors, Rouzer issued the next assertion by way of his press secretary:

“Under the First Amendment, employees and the management of a company have the right to give — or not to give — to any candidate for any reason.  What a PAC chooses to do has no influence on my decisions. My votes are based on principle and conviction — not donations.” 

Marketing campaign donations are regulated by a fancy net of guidelines and the cash involves candidates by way of many alternative avenues.

In line with the Heart for Responsive Politics, which runs the marketing campaign finance web site OpenSecrets.org, the companies themselves don’t donate. Moderately, the cash comes from political motion committees (PACs) they’ve established, from staff or house owners, and people people’ quick households. 

Not all donations to a candidate go in the identical bucket. Some contributions are directed to an precise marketing campaign fund, whereas others are made to a Management PAC, which the Federal Election Fee defines as a “political committee that is directly or indirectly established, financed, maintained or controlled by a candidate or an individual holding federal office.”

Management PAC fund bills aren’t allowed by marketing campaign committees or congressional places of work, corresponding to journey to boost a politician’s profile, in accordance with the Open Secrets and techniques web site. Elected officers can also donate cash from their Management PAC to their colleagues or different candidates.

For instance, a donor in search of to affect laws on the timber trade may give cash to their very own congressman’s Management PAC with the intention for it for use to achieve favor with one other congressman who holds sway on the timber situation. 

The highest donors to Rouzer’s Management PAC in 2019-20 have been Jh Land LLC ($10,000), Nationwide Hen Council ($7,500) and Lowe’s Firms ($6,000). Lowe’s mentioned it was evaluating its political contributions and that the occasions of Jan. 6 could be considered.

The most important donor to Rouzer’s official marketing campaign fund was one other well-known native group, Dwell Oak Bank, which donated $16,850. About $12,000 of that got here from Dwell Oak staff and $5,000 from the corporate’s political motion committee. Dwell Oak made no donations to Rouzer’s Management Pact.

Dwell Oak head of company communications Claire Parker launched the next assertion Friday morning: 

“Within the wake of the riots on Capitol Hill final week, many in our trade, and throughout company America, are reconsidering how they supply monetary assist to elected leaders, and we too are re-examining if and why we give and to whom. We strongly imagine within the energy of American democracy and condemn any actions that undermine it.

“The focus of Live Oak Bank’s PAC has always been supporting small business owners. While we cannot change past decisions to support specific candidates, we will continue to be purposeful in our actions going forward.”

High Donors

The next donations have been made to Rep. David Rouzer throughout the 2019-20 election cycle:

Marketing campaign fund
1. Dwell Oak Bank $16,850
2. Previous Dominion Freight Line $14,300
3. Poovey Legislation Agency $14,000
4. Altria Group $12,800
5. Bank of America $11,451
6. Bk2 Holdings $11,200
7. Jh Land LLC $11,200
8. Riccobene & Assoc Dentistry $11,200
9. Marcus Basis $11,198
10. Station Casinos $10,976

Management PAC
1. Jh Land LLC $10,000
2. Nationwide Hen Council $7,500 $0
3. Lowe’s Firms $6,000
4. Altria Group $5,000
5. American Bankers Assn $5,000
6. American Society of Anesthesiologists $5,000
7. Nationwide Turkey Federation $5,000
8. North Carolina Farm Bureau $5,000
9. Skilled Eye Care $5,000
10. Sea Scape Properties $5,000
11. Southland Amusement & Merchandising $5,000


Have feedback or suggestions? E-mail Scott Nunn at scott@localdailymedia.com

Thanks for supporting native media. Please, take into account a month-to-month subscription for entry to all of PCD’s in-depth reporting, and join the free morning publication.

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Yuuma Nakamura is a staff writer covering crypto, blockchain, finance and other technology for FintechZoom. Contact: yuuma.nakamura@fintechzoom.com

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