» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 129 | NO. 139 | Friday, July 18, 2014

Senate Candidate Gives Loan to Prominent Supporter

AP

Print | Front Page | Email this story | Comments ()

NASHVILLE (AP) – The campaign of Republican U.S. Senate candidate Joe Carr has loaned $200,000 to the company of a prominent supporter in an unusual arrangement that has drawn the attention of the Federal Election Commission.

The Tennessean reports the Carr campaign last year issued the money to Life Watch Pharmacy, a Nashville company led by conservative financier Andrew Miller. The campaign reported more than $9,500 in income from the loan after it was paid back this spring.

The FEC in early June contacted the Carr campaign to ask for an explanation about the transaction, noting that it could violate campaign finance laws if it was a contribution. Miller had already given the maximum $5,200 to Carr.

Carr filed a corrected report last week to stress that the money was not a donation.

Information from: The Tennessean, www.tennessean.com

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 60 120 8,936
MORTGAGES 89 177 12,029
FORECLOSURE NOTICES 0 29 2,457
BUILDING PERMITS 0 188 20,029
BANKRUPTCIES 60 122 7,748
BUSINESS LICENSES 20 36 3,260
UTILITY CONNECTIONS 106 224 11,247
MARRIAGE LICENSES 27 73 2,741

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.