Peter Thiel offers to double down on Arizona Senate race [View all]
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.
Why it matters: 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. Senate Minority Leader Mitch McConnell's (R-Ky.) team has said they are open to the idea but haven't yet raised the funds.
The big picture: The assumption in GOP political circles was that Thiel and SLF had abandoned Republican nominee Blake Masters, who has consistently trailed Democrat Mark Kelly in polling.
Both sides were motivated by a recent CBS News poll showing Kelly's lead has narrowed to three points, and the potential re-engagement reflects calculations that Masters may be in close enough range for money like this to close the gap
https://www.axios.com/2022/10/12/peter-thiel-arizona-blake-masters-mcconnell
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