SCOOP: Billionaire venture capitalist Peter Thiel has told the McConnell-aligned Senate Leadership Fund he is willing to make a multimillion-dollar investment in the Arizona race on the condition the super PAC finds matching funds, Axios has learned.
Billionaire venture capitalist Peter Thiel has told the McConnell-aligned Senate Leadership Fund he is willing to make a multimillion-dollar investment in the Arizona race on the condition the super PAC finds matching funds, Axios has learned.With less than a month until the midterms, a late cash injection of this scale could prove decisive in one of 2022's key Senate battlegrounds. McConnell's team has said they are open to the idea but haven't yet raised the funds.
Thiel spent $15 million to support Masters in the GOP primary, but hasn't donated additional money to his Saving Arizona PAC since then. Earlier Wednesday, the PAC went up with aThe National Republican Senatorial CommitteeSLF spokesman Jack Pandol declined to comment., confident that other outside conservative groups would make up the difference.
The move was preceded by a pair of phone calls in which Senate Minority Leader Mitch McConnell and SLF president Steven Law urged Thiel to re-engage on behalf of Masters, fearing the candidate's dismal fundraising and low favorability ratings would cost Republicans a key pickup opportunity, according to theThiel rejected a proposal at the time to split the cost of funding Masters through the general election, citing his investments early in the cycle and concerned that the financing would...
The Ohio race against Democratic Rep. Tim Ryan is rated "lean Republican" by the Cook Political Report, while Arizona is rating "lean Democratic."
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