Sen. Ted Cruz (R-Texas) did not disclose a loan from Goldman Sachs to his 2012 Senate campaign, the New York Times reported Wednesday evening.
Cruz and his wife Heidi, who works at Goldman Sachs, reported putting $1 million of “personal funds” into his campaign.
The Tea Party darling told the Times at the time it was “all we had saved.”
But a review of financial disclosures that the senator filed later showed that the Cruzes got low-interest loans from Goldman Sachs and Citibank maxing at $1 million, which were paid down later in 2012.
The loans did not appear in Federal Election Commission paperwork the campaign filed during the race.
The Justice Department has settled for roughly $1.2 million a lawsuit from Michael Flynn, the former...
