Is this White House task force member using pandemic to bankroll his Senate campaign?

[catbyte]

The day Trump signed the CARES Act, Bill Hagerty's Senate campaign got a $2.5 million loan from bank he helped run

Roger Sollenberger
May 27, 2020 11:00AM (UTC)

Bill Hagerty, a former U.S. ambassador to Japan who is now a Republican candidate for U.S. Senate in Tennessee, has secured campaign funds from a number of people and corporate entities connected to the White House economic recovery council — of which he's a member.

Since September, the Hagerty campaign has pulled in $33,000 in campaign contributions from corporations and individuals on the task force. The campaign also took out a $2.5 million loan from Pinnacle Financial Partners on March 27, the same day that President Trump signed the $2.2 trillion Coronavirus Aid, Relief and Economic Security Act.

Hagerty formerly sat on the board of directors at Pinnacle. Half the members of current board have donated to Hagerty's campaign as individuals, most of them giving the maximum legal amount.

The loan amount was half of a $5 million line of credit that Pinnacle extended to Hagerty's campaign, even though the bank had lost nearly a third of its valuation on the NASDAQ Financial-100 in the previous month.

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https://www.salon.com/2020/05/27/is-this-white-house-task-force-member-using-pandemic-to-bankroll-his-senate-campaign/
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Wow, it's just a cesspool of corruption. And Larry Kudlow is right in the middle of it.

[42bambi]

1. Anyone connected to Trump and his Cabal are living off the tit of our government!