FEC v. Ted Cruz for Senate, No. 21-12.
Federal campaign-finance laws limit the amount that a candidate can lend to his or her own campaign at $250,000 — but the limit does not apply if the loan is repaid within 20 days following the election, using funds that were donated to the campaign before the election. Senator Ted Cruz lent more than that amount to his campaign, and the campaign intentionally delayed repayment past the 20-day window in order to challenge the constitutionality of the limitation. Does the campaign have standing to bring that suit? If so, do the limitations violate the First Amendment?