Big Money at Stake: Billionaires Pour Millions into Montana Senate Contest
A highly contested U.S. Senate seat in Montana has attracted unprecedented spending from billionaires and groups, with over $160 million poured into the closely watched contest so far. The aim is to sway the outcome in favor of a Republican majority, which could significantly impact the balance of power in the Senate.
Citadel CEO Kenneth Griffin, among others, are backing a Republican newcomer, Tim Sheehy, who is challenging three-term incumbent Democrat Jon Tester. If Sheehy wins, it could give the GOP control over the Senate, currently held by Democrats with a narrow majority of 51-49 seats.
Tester’s seat is one of several critical battlegrounds that could flip and lead to a Republican-controlled Senate. This development has significant implications for the passage of legislation backed by the Republican Party, should Donald Trump be elected president.
Source: https://www.marketwatch.com/story/with-senate-control-at-stake-these-billionaires-and-groups-have-spent-over-160-million-on-this-one-montana-race-93fdc13a