check mark

Michael Bloomberg Jolts Senate Battle with $20 million for Democrats

Michael R. Bloomberg, the billionaire former mayor of New York City who is considering a 2020 presidential campaign, will give $20 million to the main Democratic Senate super PAC this week — jolting the national battle for control of the chamber just five weeks away from the midterm elections.

Bloomberg’s intervention bolsters the Democrats’ Senate chances by infusing significant late-season capital into the Senate Majority PAC, a group that had $29 million on hand at the end of August and has been purchasing advertising in expensive media markets.

Bloomberg — a former Republican and declared political independent — says the emotional national debate over ­sexual-assault allegations against President Trump’s Supreme Court nominee Brett M. Kavanaugh has energized Democratic voters and provides an opening for the party to be more competitive in rallying women and swing voters, his advisers said Tuesday, adding that he sees last week’s contentious hearings as a tipping point.

View entire article here