Story perspectives

DNC Stakes HQ on $15 M Loan, Chair Throws Phone

7/27/2026

Summary

Story summary

DNC used its Washington, D.C., headquarters as collateral for a $15 million loan, its largest off-year borrowing.
At the end of June 2026 the DNC held $16.3 million cash, $18.5 million debt and raised $154.8 million, while RNC reported $128.5 million cash and no debt.
DNC chair Ken Martin allegedly threw his phone at an aide’s desk in July 2026, prompting an HR inquiry, apology, and talk of a no-confidence vote over a 2024 election “autopsy” error.

1 of 1

Story summary

DNC used its Washington, D.C., headquarters as collateral for a $15 million loan, its largest off-year borrowing.
At the end of June 2026 the DNC held $16.3 million cash, $18.5 million debt and raised $154.8 million, while RNC reported $128.5 million cash and no debt.
DNC chair Ken Martin allegedly threw his phone at an aide’s desk in July 2026, prompting an HR inquiry, apology, and talk of a no-confidence vote over a 2024 election “autopsy” error.