Mr Gingrich, whose campaign was left for dead after his staff resigned en masse in June, has risen to second place behind Mitt Romney in a handful of national surveys, after support for Rick Perry and Herman Cain declined.
But he faced allegations yesterday that he was paid up to $1.8 million (£1.14 million) for advising Freddie Mac, the government-backed mortgage lender at the centre of the 2008 financial meltdown.
Meanwhile a leaflet detailing his infidelity and two divorces — which came as his wives were suffering from cancer and multiple sclerosis respectively — was circulating in Iowa, a crucial early-voting state.
Mr Gingrich was previously said to have received $300,000 (£190,000) for advising Freddie Mac in 2006, as the organisation lobbied Congressmen to not dismantle it.
In fact, Mr Gingrich received up to six times this figure, according to Bloomberg, and argued for it to expand lending to more risky borrowers — blamed by many economists for the financial crisis.
It later had to be bailed out with its sister agency Fannie Mae for $170 billion (£107 billion) following the US housing market collapse. » | Jon Swaine, Washington | Wednesday, November 16, 2011
