Trump Slams Cruz For Failing to Report Bank Loans

Donald Trump, continuing to criticize Ted Cruz on the campaign trail, blasted the Texas senator this week for having failed to publicly disclose loans he received from a pair of huge Wall Street firms.

The Hill noted that Cruz borrowed about $1.5 million from Goldman Sachs and Citibank to finance his campaign for the U.S. Senate in 2012. According to The New York Times, his campaign did not report the loans in its financial reports.

“He’s trying to be like he’s Robin Hood and the banks, he’s gonna get the banks,” Trump said on “The Howie Carr Show,” according to BuzzFeed. “But in the meantime, he’s borrowed from the banks, he’s personally guaranteed, and he didn’t put them on his personal financial disclosure form, which is a tremendous sin. I mean, that’s a horrible thing he did. And he didn’t disclose all of this information.”

Cruz’s failure to report the loans to the Federal Election Commission came to light in a recent story by the Times. The newspaper acknowledged that Cruz disclosed the transactions on another financial disclosure form. The candidate claims the confusion was due to a paperwork mistake.

Responding to the Times article, Trump told Bloomberg News: “Well, I heard it’s a big thing. I know nothing about it. But I hear it’s a very big thing. I hope he solves it. I think he’s a nice guy and I hope he gets it solved.”

Photo: Mashable

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