Jan 30, 2018

RNC will keep Wynn donations unless probe finds him guilty

Wynn Resorts Chairman and CEO Steve Wynn. Photo: Ethan Miller/Getty Images

RNC chairwoman Ronna Romney McDaniel told Fox News that donations made by its former finance chair Steve Wynn, who has been accused of sexually assaulting his employees, will only be returned if he’s found guilty of wrongdoing.

Why it matters: The RNC has been scrutinized for not taking immediate action after the Wall Street Journal reported dozens of sexual harassment and assault allegations against Wynn. And the RNC demanded the DNC return donations made by movie mogul Harvey Weinstein after he was accused of sexual assaulting a number of women.

  • Former White House Press Secretary, Sean Spicer told MSNBC on Monday the RNC should return recent contributions — specifically, "any money that happened this cycle" — from Wynn.

The backdrop: As Axios' Dan Primack reports, Wynn Resorts shares plunged on Monday by nearly 19% after the allegations surfaced about its founder and CEO. That's a loss of about $462.55 million.

McDaniel's interview with Fox News:

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