Republican Nick Begich III has made personal loans to his U.S. House campaign totaling $650,000. Candidate loans of any amount are legal, but campaign finance watchdogs say post-election fundraising to repay those loans raises ethical concerns.
Republican Nick Begich III is one of the wealthier candidates in the special election for Alaska’s U.S. House seat, and he’s leveraging that wealth with personal loans to his campaign totaling $650,000.
“Who is ultimately going to pay that candidate back and why?” she asked. “I think voters just don’t know the answer to that on election day.” It’s a whole new level of troubling, Kiely said, when the aim of a debt-retirement party is to pay back the candidate, who is now a member of Congress, for his or her personal loan.
The Begich campaign did not respond to three emails asking about his campaign loans, including two asking if Begich would solicit post-election contributions if he wins. Begich is not the only candidate in the race who made a large personal loan to his campaign. Nonpartisan Jeff Lowenfels lent his campaign $100,000. If he were to win, Lowenfels said he’d refuse repayment contributions, a practice he described as “a little bit disgusting.”
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