Clarence Thomas failed to fully repay $267,000 loan for luxury RV, inquiry finds

The US supreme court justice Clarence Thomas failed to repay much – or possibly all – of a “sweetheart deal” to borrow more than $267,000 to buy a luxury motor home, a Senate committee

Senate Democrats have proposed such reform but it has little chance of success, given Republican opposition. The chief justice, John Roberts, has resisted calls to testify. But on Wednesday the Senate finance committee said it had now seen documents that showed an annual interest rate of 7.5% but no obligation to pay down the principal, only annual interest payments of $20,042. The committee also“None of the documents reviewed by committee staff indicated that Thomas ever made payments to Welters in excess of the annual interest on the loan,” the panel said.

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