Tags: 2020 Elections | warren | 3 million loan

Elizabeth Warren Secured $3M Line of Credit

sen. elizabeth warren is shown speaking to supporters in las vegas.
Democratic presidential hopeful Sen. Elizabeth Warren speaks to supporters during a visit to her field office in Las Vegas, Nevada. (Mark Ralston/AFP via Getty Images)

By    |   Friday, 21 February 2020 12:40 PM

Federal Election Commission filings reveal that Sen. Elizabeth Warren, D-Mass., took out a $3 million line of credit in January, according to The Hill.

Warren accessed just $400,000 of it, The Hill noted.

The FEC filings also show Warren brought in $10.4 million during January and finished the month with $2.3 million cash on hand.  The Hill noted former Vice President Joe Biden raised $9 million during the month. Former South Bend, Indiana Mayor Pete Buttigieg took in $6 million.

Warren already has brought in an additional $17 million in February, The Hill said.

"The Warren Campaign took out a $3 million line of credit in January and tapped $400,000 of it in case it was necessary for cash flow purposes around the Iowa caucuses, but it ultimately wasn’t necessary," campaign spokesman Chris Hayden said.

And Warren’s campaign said she has raised $5 million since Wednesday’s presidential debate. During that debate, Warren blasted former New York City Mayor Mike Bloomberg for his comments and actions dealing with women.

Meanwhile, Warren, who has long criticized super PACs, did not disavow a new formed PAC backing her. This came despite her saying in the past that she would only rely on small donors to fund her campaign.

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Federal Election Commission filings reveal that Sen. Elizabeth Warren, D-Mass., took out a $3 million line of credit in January, according to The Hill.
warren, 3 million loan
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2020-40-21
Friday, 21 February 2020 12:40 PM
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