27 July 2026 at 11:20 pm
Summary
The Democratic National Committee (DNC) has used its headquarters as collateral for a $15 million loan, with the option for an additional $5 million, as it faces significant debt and struggles to keep pace with the Republican National Committee's fundraising. This move, while not unprecedented for the DNC, highlights the party's financial challenges ahead of midterm elections, impacting its ability to support candidates.
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