Mitch McConnell asked Peter Thiel to split the cost of supporting Trump Senate nominee Blake Masters before his PAC pulled funding from the race, per WaPo

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Billionaire Peter Thiel and Arizona GOP Senate candidate Blake Masters.Marco Bello/Getty Images and Bill Clark/CQ-Roll Call, Inc via Getty Images

  • Mitch McConnell has asked billionaire Peter Thiel to split expenses in Blake Masters’ AZ Senate race, according to the Washington Post.

  • Thiel reportedly pushed back against McConnell and the related PAC pitch.

  • Some in the GOP have begun to express concern about Masters’ viability as a winner.

Senate Minority Leader Mitch McConnell failed to garner outside financial support from businessman Peter Thiel last week for GOP candidate Blake Masters of Arizona, according to the Washington Post, days before McConnell’s affiliated Super PAC pulled a $8 million worth of scheduled TV, radio and digital. ads meant to promote the Masters before midterms.

Thiel, who made billions as the co-founder of PayPal and an early investor in Facebook, has made a name for himself in the Republican fundraising world in recent years, pumping millions of dollars into both Ohio Senate candidate JD Vance’s primary race and at the Masters. ‘. But the businessman has made it clear that he prefers to back his preferred candidates early in the race and through independent financial support — not in concert with the GOP’s official fundraising arm.

Thiel’s leanings combined with limited funds in McConnell’s affiliated Super PAC, the Senate Leadership Fund, have led to a deadlock between the two Republican power brokers, according to The Post, as the GOP scrambles to retake Congress in November.

The report said McConnell and Steven Law, who runs the Senate Leadership Fund, spoke with Thiel in two phone calls last week in an effort to get Thiel to release more funds for his friends and former aides, Vance and Masters. , in the final months of their games.

McConnell told Thiel during their phone call that Vance’s Ohio match was costing more than originally expected, requiring Thiel to “come to Arizona in a big way” for the Masters, a source familiar with the situation said. in The Post.

McConnell and Law during their talks with Thiel essentially suggested that the tech billionaire split the rest of the cost of the Masters match, according to the newspaper, with Thiel matching the funds provided by the Senate Leadership Fund. McConnell and Law also gave Thiel an option in which his super PAC would take control of ad bookings originally made by McConnell’s affiliated PAC, according to The Post.

But Thiel reportedly refused.

Neither a spokesman for McConnell nor a representative for the Senate Leadership Fund immediately responded to Insider’s request for comment. Thiel also did not immediately respond to a request for comment.

Thiel is still hosting Masters fundraisers in the coming weeks, and the Senate Leadership Fund has reserved $8 million in Arizona for the month of October, according to The Post. But many in the party have begun to lament Masters’ disappointing prospects in his race against incumbent Democratic Sen. Mark Kelly.

Law in his phone call with Thiel expressed concern about Masters’ viability as a winning candidate, according to The Post, and other political sources shared similar sentiments with the paper.

Masters made headlines earlier this month after blasting his website with more controversial views, including extreme positions on abortion and the sanctity of the 2020 election.

Read the original article on Business Insider

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