Months before the first Senate primary vote will be cast this year, there’s a spending spree unrivaled by any election cycle in history
Jane Timken, then-chair of the Ohio Republican Party, speaks at the Hamilton County Board of Elections in Norwood, Ohio in 2020. Timken kicked off her Senate bid with an initial $2 million personal loan. | Aaron Doster/AP Photo.
“Going for broke in these nominations, in this election year, is the right decision to make,” said Terry Nelson, a Republican strategist and ad maker who noted that favorable political conditions for the GOP have attracted competitive fields of candidates across the country. Ohio state Sen. Matt Dolan is pictured in June 2021. Dolan has contributed $10.5 million to his campaign. | Andrew Welsh-Huggins/AP PhotoGibbons and Dolan aren’t the only millionaires throwing cash at the contest to replace GOP, who is retiring. Timken, a former Ohio Republican Party chair, kicked off her bid with an initial $2 million personal loan. A spokesperson for Timken declined to say if she has put any more in the race since that investment.
Then there is the case of former Ohio state treasurer Josh Mandel and “Hillbilly Elegy” author J.D. Vance, both of whom are boosted by super PACs. Mandel, who is backed by the Club for Growth, had close to $6 million cash on hand at the end of September. Vance is one of two 2022 Senate candidates whom billionaire entrepreneur Peter Thiel has pledged to help with $10 million super PAC donations — the other is Blake Masters, running in Arizona’s Republican Senate primary.
“Self-funders have always been around, but they often came with the political baggage of appearing to buy their elections,” said Caleb Burns, a partner at Wiley Rein who specializes in campaign finance.
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