Cash Infusion
Cruz Says He May Amend U.S. Financial Disclosures to Show 2012 Goldman Campaign Loan
He didn't properly report two campaign loans to the FEC during his 2012 bid, according to a New York Times report.
The shadow of Republican presidential candidate Ted Cruz is seen as he speaks during a campaign rally on Jan. 13, 2016, in Dorchester, South Carolina.
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Republican presidential candidate Ted Cruz said he'll amend finance reports from his successful 2012 Texas Senate bid, if necessary, to show he received loans used to cover campaign costs.
Cruz made the comments Wednesday after a New York Times report said he and his wife, Heidi, obtained low-interest loans from Goldman Sachs Group Inc. and Citigroup Inc. in the first half of 2012. The funds totaled as much as $750,000 and increased to a maximum of $1 million, according to the Times, which cited personal financial disclosures that didn't give an explanation for their purpose.