Debt-ridden Democrats tap a surprising asset as collateral for $15M loan

As the Democratic National Committee (DNC) shouldered significant debt and fell behind its GOP equivalent, Democratic leadership decided to use its headquarters as collateral for a $15 million loan, according to public records.

The loan, first reported by NOTUS news outlet, was taken out in 2025 as the DNC struggled to keep pace with the Republican National Committee’s fundraising efforts ahead of the midterm elections.

While taking out loans ahead of high-stakes races is common, and...