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Why did Ted Budd go bankrupt?
Did Richard Budd improperly transfer millions of dollars to Ted Budd's family?
Did Trump tying Budd to bankruptcy hurt farmers?
Who is Ted Budd?
Sep 17, 2021 · A federal bankruptcy judge in 2005 ruled that Richard Budd would have to repay $15 million, a figure that accounted for the original loan plus interest and other costs.
Sep 7, 2022 · Democratic U.S. Senate candidate Cheri Beasley launched a pointed attack Wednesday against Republican Rep. Ted Budd for his alleged role in the bankruptcy of his family's agriculture business.
Oct 13, 2021 · Former Gov. Pat McCrory accused one of his U.S. Senate opponents, Republican U.S. Rep. Ted Budd, of "ripping off farmers," and suggested Budd used money that was owed to farmers to pay for...
- Marshall Terry
Oct 24, 2022 · As reported by the Washington Post: “Court documents reviewed show that a trustee for farmers and other creditors alleged that his [Ted Budd’s] father, Richard Budd, improperly transferred millions of dollars in assets to his family, including Ted Budd.
Aug 23, 2022 · the Budd family was involved with a now-bankrupt company that cost farmers across 39 states millions and left a substantial tax debt, including in N.C. Here is a look at Budd’s record around legislation that would or has already helped North Carolina’s rural and farming communities.
Aug 30, 2021 · Asked whether Ted Budd ever disclosed the bankruptcy case to Trump or other key supporters, campaign adviser Jonathan Felts said that “Ted played no role at ABT and there is nothing to ...
Budd was the Republican nominee in the 2022 United States Senate election in North Carolina to replace retiring Republican senator Richard Burr. He defeated the Democratic nominee, Cheri Beasley , and subsequently took office on January 3, 2023.
