Beg, borrow, or Thiel: Billionaire gives in to McConnell request to host Masters fundraiser

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Beg, borrow, or Thiel: Billionaire gives in to McConnell request to host Masters fundraiser
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Some help from a billionaire GOP megadonor could soon be on the way for Senate Republicans rocked by abating cash reserves in their campaign arm.

Peter Thiel, who reportedly demurred on requests from Senate Minority Leader Mitch McConnell to open his coffers for his favored primary contenders, will host a fundraiser for Arizona Senate hopeful Blake Masters later this month, CNBC reported.The fundraiser is slated for Sept. 30 at his swanky home in California, with tickets ranging from $1,500 to $11,600 a couple, according to the report.

After Vance crossed the finish line and began shifting gears to the general election, McConnell called Thiel and asked him to continue chucking cash at Vance in the general, but Thiel balked, the Washington Post reported. Thiel reportedly confided in associates of his that he did not intend to unleash much more of his fiscal firepower during the midterm elections and merely wanted to prop up younger Republicans in the party instead of squaring off against Democrats.

Donations to Masters or Vance could alleviate some of the GOP's money crunch, allowing the party to divert resources elsewhere. Masters is massively outflanked by his rival Sen. Mark Kelly , having raised a meager $4.9 million compared to Kelly's whopping $54 million, according to the report. He is also trailing Kelly by about 3.3 points, according to the latest RealClearPolitics polling aggregate.

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