Kanye West Says He's Running for President, Yeezy Receives $2M-Plus From Federal Pandemic Loan | THR News - video Dailymotion

Kanye West announced on the Fourth of July that he plans to run for president in 2020.

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00:00Is Kanye West really running for president? Well, on July 4th, the rapper and clothing

00:03designer tweeted, we must now realize the promise of America by trusting God, unifying our vision,

00:08and building our future. I am running for president of the United States. Hashtag 2020

00:13vision. The announcement was quickly endorsed by Tesla CEO Elon Musk, who tweeted at the 43-year-old,

00:18you have my full support. West once again used the hashtag 2020 vision on Sunday when he tweeted

00:23this photo, writing Yeezy shelters in process. This comes five years after West promised he would

00:28run for president in 2020 during his Video Vanguard Award speech at the 2015 MTV VMAs.

00:33It is unclear if West has filed any paperwork necessary to run for president this election

00:38year, which would mean he'd likely have to run as a write-in candidate. The Hollywood Reporter

00:41has reached out for comment. This announcement came just days before the Small Business Administration

00:46disclosed on Monday that Kanye's Yeezy company received more than $2 million through the Paycheck

00:51Protection Program. Yeezy, an LLC formed by the musician and clothing designer, received a loan

00:56between $2 and $5 million, according to the SBA. The company disclosed that it saved 160 jobs

01:02because of the program meant to help businesses struggling during the novel coronavirus pandemic.

01:06A rep for West did not immediately reply to a request for comment concerning the PPP loan.

01:11For more on this story, head to THR.com. For The Hollywood Reporter News, I'm Tiffany Taylor.