Trump Terminates Campaign Loan, ‘Assembled an Exceptional Fundraising Operation’

Trump Limo AP PhotoBebeto Matthews
AP/Bebeto Matthews

Presumptive Republican nominee Donald Trump released a press release on Thursday saying he’s extinguished his $50 million campaign loan.

The campaign says this termination shows Trump honored a “pledge he made on May 13, 2016, when he stated, ‘I have absolutely no intention of paying myself back for the nearly $50 million dollars I have loaned to the campaign. This money is a contribution made in order to ‘Make America Great Again.'”

The release adds that Trump’s personal investment of more than $50 million is for the future of America.

“Unlike the all-talk, no-action politicians that have failed the American people for far too long, Mr. Trump is not beholden to the special interests that have corrupted Washington, D.C. Mr. Trump will continue to put America and our people first,” the press release states.

It continues:

After self-funding his primary election, Mr. Trump and the campaign have assembled an exceptional fundraising operation, which in recent days has been overwhelmed with contributions for the Republican Party. Mr. Trump will continue to ensure the campaign has all of the resources necessary to defeat Crooked Hillary Clinton and the Democrats in November.

After releasing his first fundraising email on Tuesday where he vowed to match dollar for dollar donations up to $2 million dollars, Trump had raised more than $4 million in 12 hours, according to his second fundraising email sent by his son Donald Trump, Jr.

The increased efforts in fundraising come after May’s FEC filing reports revealed Clinton is far ahead of Trump.


Please let us know if you're having issues with commenting.