TyroneSlothrop
Diamond Member
- Oct 11, 2013
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Trump Still Hasn’t Converted Loans to Donations
June 30, 2016
NBC News has learned the FEC has posted no record of Donald Trump converting his campaign loans to donations.
“The Trump Campaign has also declined requests to share the legal paperwork required to execute the transaction, though they suggest it has been submitted.”
The Desperate and the Fail: Inside Trump's June Fundraising Blitz
still can't quite believe that even as big a huckster as Donald Trump thinks he can get away with this. But it's starting to seem like Trump was probably lying when he announced with great fanfare a week ago that he was converting some $50 million of loans to his campaign into simple contributions. This would mean that he could no longer use future contributions to pay himself back for those loans. In other words, he couldn't have either small donors or GOP fat cats reimburse him for his "self-funded" primary campaign.
This news comes from Ari Melber and Alexandre Jaffe at NBC News. Back on June 23rd, on the heels of the Trump campaign's catastrophic and humiliating May FEC report, he grandly announced that he was forgiving the debt and that he would file the relevant paperwork with the FEC that day.
But that apparently never happened. The FEC has no record of such a filing.
June 30, 2016
NBC News has learned the FEC has posted no record of Donald Trump converting his campaign loans to donations.
“The Trump Campaign has also declined requests to share the legal paperwork required to execute the transaction, though they suggest it has been submitted.”
The Desperate and the Fail: Inside Trump's June Fundraising Blitz
still can't quite believe that even as big a huckster as Donald Trump thinks he can get away with this. But it's starting to seem like Trump was probably lying when he announced with great fanfare a week ago that he was converting some $50 million of loans to his campaign into simple contributions. This would mean that he could no longer use future contributions to pay himself back for those loans. In other words, he couldn't have either small donors or GOP fat cats reimburse him for his "self-funded" primary campaign.
This news comes from Ari Melber and Alexandre Jaffe at NBC News. Back on June 23rd, on the heels of the Trump campaign's catastrophic and humiliating May FEC report, he grandly announced that he was forgiving the debt and that he would file the relevant paperwork with the FEC that day.
But that apparently never happened. The FEC has no record of such a filing.