Lincoln gives Goldman Sachs donations to charity
Andrew DemilloSen. Blanche Lincoln of Arkansas is giving money received from Goldman Sachs' political action committee for her re-election bid to charity as the investment bank faces federal fraud charges.
Lincoln's campaign announced Tuesday she would give $7,500 to the Arkansas Hunger Relief Alliance. Lt. Gov. Bill Halter has criticized Lincoln for accepting money from the bank. Halter is Lincoln's chief rival for the Democratic nomination.
Lincoln decided to give the money to charity rather than back to the firm's PAC for redistribution. It represents the amount she received for the current election cycle.
Lincoln announced last week that her campaign would no longer accept contributions linked to Goldman Sachs. The bank faces federal fraud charges filed by the Securities and Exchange Commission.