Ted Cruz hit with $35,000 FEC fine for 2012 campaign violation
Cruz said at the time that his family liquidated their net worth to loan $1.43 million to his campaign. But the FEC later found that $1.
06 million of that was from loans granted by Citibank and Goldman Sachs, where his wife worked.The federal agency has not announced the fine publicly. But the nonpartisan Campaign Legal Center, which filed a complaint in 2016 that led to the fine, released documents revealing it.
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