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  • Cruz failed to disclose second 2012 loan: report (Cruz just notified the FEC on Thursday?)

    01/16/2016 8:55:17 AM PST · by jimbo123 · 91 replies
    The Hill ^ | 1/16/16 | Bradford Richardson
    Sen. Ted Cruz (R-Texas) reportedly failed to disclose a second loan for as much as $500,000 from Citibank to fund his 2012 Senate campaign, according to a letter he sent to the Federal Election Commission (FEC) on Thursday. The disclosure comes after the Republican presidential candidate was already facing scrutiny for failing to adequately report a Goldman Sachs loan of up to $500,000 he also used to fund his 2012 bid. The one-page letter, obtained by The New York Times, said both loans were "inadvertently omitted" from the required filings. The Citibank loan was a line of credit, according to...