To: Federal Election Commission

Investigate Ted Cruz's failed disclosure

Transparency rules are useless if they aren't enforced. Immediately investigate Ted Cruz's failure to report a loan from Goldman Sachs for his 2012 Senate campaign.

Why is this important?

Ted Cruz has clearly violated the FEC's disclosure rules, and he should be investigated, fined, and held accountable.

The New York Times reports that Ted Cruz failed to disclose to the Federal Election Commission that Goldman Sachs loaned him hundreds of thousands of dollars to finance his 2012 campaign for the U.S. Senate.

The Times wrote: “such a disclosure might have conveyed the wrong impression for his candidacy,” given that he was “campaigning as a populist firebrand who criticized Wall Street bailouts.”

But regardless of why he did it, Cruz needs to be held accountable.

And with millions of dollars in special interest money lined up on both sides of the upcoming election, the FEC needs to send a message NOW to potential rulebreakers.

That's why it's so important that they conduct a full investigation into Ted Cruz's failed disclosure and hold him accountable for violating campaign finance rules.