The Democratic National Committee took out a $15 million loan last month to replenish its shrunken coffers before elections in Virginia and New Jersey and to keep operations fully funded entering 2026, according to party officials and documents reviewed by The New York Times.
Tapping a line of credit outside the crucible of a midterm or presidential election year is unusual for a major party committee, and it is the latest sign of financial distress for the official arm of the Democratic Party.
Tapping a line of credit outside the crucible of a midterm or presidential election year is unusual for a major party committee, and it is the latest sign of financial distress for the official arm of the Democratic Party.
