Thiel To Dump $5M More On Masters After GOP Balks

The Washington Post reports:

Peter Thiel, the billionaire investor who pumped $15 million into a super PAC that helped make Blake Masters the Republican nominee for Senate in Arizona, is planning to spend as much as $5 million more in the race, according to people familiar with the matter. The additional spending would mark a reversal for Thiel, who had previously indicated he was not going to make a financial commitment in the general election.

He previewed his updated plans in talks this week with a representative from a PAC linked to Senate Minority Leader Mitch McConnell (R-Ky.). Thiel suggested he and the PAC each put $5 million behind Masters, a friend and former employee of the venture capitalist’s. But Steven Law, who heads the McConnell-linked group, the Senate Leadership Fund, indicated to Thiel on Thursday that he could not find the resources.

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New @isaacstanbecker SCOOP: Peter Thiel to put $5 million behind Blake Masters as deal to match funds with McConnell super PAC falls through https://t.co/ZzGcWTpxiX

— Isaac Arnsdorf (@iarnsdorf) October 13, 2022