Trump campaign says candidate will forgive millions in loans

posted by
June 23, 2016
ABC News    
Posted in News

"Donald Trump is promising to say goodbye to all the money he's loaned his campaign. Trump has largely self-funded his presidential bid, to the tune of $45.7 million as of the most recent filings. That money was given to the campaign as zero-interest loans, and the prospect has loomed that Trump could be repaid by the campaign, with money raised elsewhere. That won't happen, his campaign said today. ... Financial disclosures covering this month haven't yet been released, but Trump's campaign hinted indirectly in its statement that the candidate has invested more money since Jun 1. Trump will have to file a signed statement to the FEC to officially forgive the loans." (06/23/16)

http://abcnews.go.com/Politics/trump-campaign-candidate-forgive-millions-loans/story?id=40082242  

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