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Eric Trump told the Post that his father could fund all this because he had “incredible cash flow and built incredible wealth…he didn’t need to think about borrowing for every transaction. We invested in ourselves.” But in Fear, Woodward casts doubt on that claim. He recounts a campaign-trail conversation between Kushner and then-Trump campaign CEO Steve Bannon. As Trump gained ground on Hillary Clinton in the polls, Bannon told Kushner they needed Trump to donate $50 million to his own campaign for a big television ad buy.

“He’ll never do it,” Kushner reportedly responded, unless Bannon could prove they would win.

“Maybe we can get $25 million out of him,” Kushner added, according to Woodward. “He doesn’t have a lot of cash.”

In October, just three weeks ahead of the election, they brought that proposal to Trump, Woodward reports. “No way,” he said. “Fuck that. I’m not doing it.”

The next day, Kushner and Bannon reduced their request to a $10 million loan, which would be repaid to Trump as small cash donations came in from his supporters. After two days of negotiating the sum, Trump eventually acquiesced, writes Woodward: “Okay, fine, get off my back. We’ll do $10 million.” They signed a terms sheet that stipulated Trump would be paid back when the campaign had more cash.

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