DNC Mortgaged Its Headquarters as Collateral for Loan

Cutting fraud, USAID — their ill gotten gains — and vast sums to far left  ‘non-profits’ has left the Democrat party of treason without funds.

NOTUS: The Democratic National Committee is so short on funds that it mortgaged its headquarters in Washington, D.C. to raise cash for off-year election spending. NOTUS: The Democratic National Committee put its physical headquarters up for collateral last year in order to obtain a $15 million line of credit to help invest in off-year elections, according to D.C. deed records not previously reported. The building, located in Southeast Washington and partially owned by the DNC, has been used as collateral in the past, including in other election cycles. That the DNC had to do so again ahead of the 2026 elections to obtain its biggest-ever off-year loan raised concerns among some members that it was further evidence of its intensifying financial strain. The DNC did not explicitly declare the building as its collateral in its monthly or loan-related filings to the Federal Election Commission. “Ken gaslighting us about the DNC’s finances and not being transparent about the financial situation makes us doubt if he can oversee the DNC during the most important primary of our lifetime,” said a DNC member, granted anonymity to discuss the issue candidly.

This is not the first time the DNC has borrowed against its assets to bulk up its war chest in election years, but it takes place as DNC Chair Ken Martin is campaigning to save his position after a disastrous election year in 2024 and amid very poor fundraising.

AUTHOR

POSTS ON X:

EDITORS NOTE: This Geller Report is republished with permission. ©All rights reserved.

0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *