Ted Cruz did not disclose 2012 Senate campaign loan: NY Times

U.S. Republican presidential candidate and U.S. Senator Ted Cruz greets audience members at a Second Amendment campaign rally outside Granite State Indoor Range in Hudson(Reuters) – Republican presidential candidate Ted Cruz failed to disclose to the Federal Election Commission a loan from Goldman Sachs for as much as $500,000 that was used to help finance his successful 2012 U.S. Senate campaign, the New York Times reported on Wednesday. The loan does not appear in reports the Ted Cruz for Senate Committee filed with the FEC, in which candidates are required to disclose the source of money they borrow to finance their campaigns, the newspaper reported. Cruz has surged in recent opinion polls and now leads billionaire businessman Donald Trump in Iowa, which on Feb. 1 holds the first contest in the process to choose the Republican nominee for the November presidential election.

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