Cruz Addresses NYT Report That He Didn’t Disclose Goldman Sachs Loan for ’12 Campaign (UPDATED)
A New York Times report tonight says that Ted Cruz not only received a low-interest loan from Goldman Sachs––where Cruz’s wife works––for his 2012 Senate campaign, but he failed to disclose it.
The Times reports the loan––along with another Citibank loan––did not appear in Cruz’s FEC filing. A Cruz spokeswoman acknowledged they did receive a loan, but the failure to report it was “inadvertent” and the campaign would be taking care of it immediately.
Tonight CNN’s Dana Bash asked Cruz about getting the loan to fund his campaign. Cruz responded, “The premise of your question is not right.”
He said that he and his wife put their liquid net worth into the campaign and the loans in question were “disclosed over and over and over again.”
Cruz said if something was wrong, he will “amend the filings,” but insisted “all of the information has been public and transparent for many years, and that’s the end of that.”
UPDATE –– 10:25 pm EST: Following the release of the Times report, people uncovered the following document on which Cruz did, in fact, disclose the loan:
Ted Cruz's primary runoff against Dewhurst was July 31, 2012. He publicly disclosed the margin loan July 9, 2012. pic.twitter.com/8yyV4zxrV9
— Phil Kerpen (@kerpen) January 14, 2016
Watch above, via CNN.
[image via screengrab]
Have a tip we should know? email@example.com