Tags: FEC | cruz | camapign | loans

FEC Unanimous: Cruz Improperly Accounted for Campaign Loans in 2012

Image: FEC Unanimous: Cruz Improperly Accounted for Campaign Loans in 2012
(AP)

By    |   Friday, 26 May 2017 11:43 AM

The Federal Elections Commission unanimously ruled that Sen. Ted Cruz improperly accounted for campaign loans in his 2011-2012 run for the Senate, The Hill reported.

Of the $1.4 million Cruz loaned to his campaign, $1.1 million came from Goldman Sachs and Citigroup and therefore should have been disclosed, The Hill reported from the FEC report.

The commission did not say if Cruz would face a penalty.

The unanimous ruling is rare given the partisan nature of the five-member commission with a reputation for dysfunction and deadlock.

© 2017 Newsmax. All rights reserved.

   
1Like our page
2Share
Politics
The Federal Elections Commission unanimously ruled that Sen. Ted Cruz improperly accounted for campaign loans in his 2011-2012 run for the Senate, The Hill reported.
FEC, cruz, camapign, loans
86
2017-43-26
Friday, 26 May 2017 11:43 AM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved