BREAKING NEWS

Trump loaned White House campaign $7.5 mln as he nears Republican nomination

By REUTERS

MAY 21, 2016 10:06

Donald Trump raised $1.7 million from donors and loaned his White House campaign $7.5 million in April as he moved closer to becoming the Republican nominee for president, according to documents filed with the US Federal Election Commission (FEC) on Friday.

The New York businessman had loaned his campaign a total of $43.5 million as of the end of April, the filings showed. More recently, he has made moves to build up his fundraising operation with an eye toward the Nov. 8 general election.

Trump became the Republican Party's presumptive nominee in early May, when both of his rivals dropped out of the race. Trump self-funded much of his primary run, but he has said he will not rely as heavily on his own money for the general election, when he will face the Democratic nominee.

Both people seeking the Democratic nomination have raised more than Trump.

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