Last Thursday, Donald Trump’s campaign, in an attempt to show Trump would not take advantage of his donors, announced that he would forgive $45 million in personal loans he made to his campaign. It sounded like a done deal; Trump’s national finance chairman, Steve Mnuchin, told CNBC, “[Trump] loaned $50 million to the campaign. He’s now forgiven that loan. So that is a contribution. [Trump] has also said he will contribute significantly more money. We just forgave the loan this week.” Trump’s campaign spokesperson Hope Hicks echoed to the Wall Street Journal that Trump was submitting formal paperwork.
Not so fast there, Steve and Hope.
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