Cruz Failed to Disclose Campaign Loan from Goldman Sachs

$1.1 million

Sen. Ted Cruz (R-TX) “improperly accounted for loans he received from Goldman Sachs Group Inc. and Citigroup Inc. during his 2012 campaign, saying the funds were his own personal contributions to the Senate race,” Bloomberg reports. “The finding, released on the FEC website, marked a rare instance of agreement among the agency’s five commissioners, who voted unanimously that the $1.1 million of loans from the banks should have been disclosed to voters.”

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