WASHINGTON (CBSDFW.COM) – The Federal Election Commission fined Sen. Ted Cruz’s Senate Campaign $35,000 on Friday.

The fine is for not disclosing $1,000,000 worth of loans from Goldman Sachs and Citibank.

The New York Times first reported the story in 2016.

Senate Commerce, Science and Transportation Committee member Sen. Ted Cruz (R-TX) prepares to leave a hearing in the Dirksen Senate Office Building on Capitol Hill on March 13, 2019. (Photo by Chip Somodevilla/Getty Images)

Sen. Cruz and his wife, Heidi put $1.2 million in “personal funds” into his 2012 Senate campaign.

A later review of personal financial documents showed they didn’t sell any assets to get the money, but took out the loans instead.

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