Sen. Ted Cruz (R-Tex.) downplayed a report late Wednesday that he had not listed personal loans he and his wife received before donating roughly the same amount to his 2012 Senate campaign, calling the matter an "inadvertent filing question."
"The facts of the underlying matter have been disclosed for many, many years," he told reporters in Dorchester, S.C. "All of the information has been public and transparent for many years, and that's the end of that."
Cruz and his wife Heidi obtained two loans, the New York Times reported Wednesday: one from Goldman Sachs, and another from Citibank that totaled about $750,000. The amount later increased to $1 million before being paid down. Heidi Cruz is a managing director at Goldman Sachs, currently on leave while her husband runs for president.
So Cruz got a loan from his wife's employer while running for the Senate.
That's not illegal, generally. But failure to disclose it is.