How Ted Cruz turned a profit off Donald Trump

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last updated 27 September 2016

Turns out, Sen. Ted Cruz (R-Texas) was probably making money off of Donald Trump when he panned the GOP nominee at the Republican National Convention in July and urged Americans to "vote your conscience." Politico reported Sunday that Cruz sold Trump his donor email list just six weeks after dropping out of the Republican presidential primary — an entire month before Cruz's convention speech and nearly five months before Cruz announced he'd decided to vote for Trump after "searching my own conscience."

It's hard to tell exactly how much money Cruz has made from selling his list to Trump's campaign, but Politico estimated he's pocketed "at least tens of thousands of dollars, and more likely hundreds of thousands, that can be used to bankroll the Texan's own political future":

Since he exited the presidential race in May, Cruz's campaign committee has reported a total of roughly $290,000 in list rental income, Federal Election Commission records show. Trump's campaign directly rented Cruz's list five times in June and since early July his joint fundraising committee with the Republican National Committee — which gives 80 percent of its proceeds to Trump — has rented Cruz's list more than 25 times.The buying and selling of email addresses is standard fare in modern politics — but less typical among bitter rivals. After Cruz failed to back Trump at the convention, he told the Texas delegation he would not "go like a servile puppy dog" and simply endorse after Trump had "slandered" his family. [Politico]