Confirmed: Obama hosting fundraiser events at the White House

Former New Jersey Gov. Jon Corzine, former technology executive Bernard Schwartz and banking executive James Staley were among 30 well-connected figures in the business and finance world who met with President Barack Obama at the White House in March for an unusual economic discussion organized by the Democratic National Committee…

The March 7 meeting in the Blue Room of the residence has drawn attention and criticism because most of the attendees were donors or fundraisers and the session was arranged by the DNC. Good-government advocates said hosting the event at the White House was ill-advised.

“There’s a pretty clear line — or there should be a clear line,” Meredith McGehee of the Campaign Legal Center, which presses for tighter controls on campaign finance, recently told POLITICO. “I don’t have a problem with the president inviting Wall Street people to the White House to discuss policy, but why does it need to be DNC-sponsored? I think that’s what raises the eyebrows. Even if it’s not a fundraiser, it’s a cultivation.”