GOP donors may pull funds from Trump's sinking campaign to try to save the Senate: report
Senate Majority Leader Mitch McConnell (R-KY, left) and President Donald Trump (right). Image via screengrab.

On Monday, The New York Times reported that Republican megadonors are quietly considering abandoning President Donald Trump's re-election campaign as a lost cause, and instead redirecting their resources into preventing a Democratic takeover of the Senate.

"Almost no one is talking openly about abandoning Mr. Trump at this point. A total collapse at the top of the ticket, Republican strategists and donors agree, would only make holding the Senate harder," reported Shane Goldmacher. "But maintaining the Senate is an urgent imperative for the G.O.P.: A Democratic Senate could offer a glide path for liberal Supreme Court nominees from a President Biden, or block Mr. Trump’s judges if he won a second term. And right now, Senate Republican incumbents and candidates are losing badly in the money chase not just in the top Senate battlegrounds — states like Maine, Arizona, Colorado and North Carolina — but also in deep red states, such as Montana, where seats are now increasingly up for grabs."

This news comes as Senate Majority Leader Mitch McConnell (R-KY) is also reportedly considering coaching his Senate incumbents to distance themselves from Trump. He reportedly believes Trump is doomed and is currently strategizing how to sabotage an incoming Biden administration.

"Five of the most endangered Republican senators up for re-election were out-raised by a combined $18.5 million in the second quarter by their Democratic challengers, recent campaign filings show," said the report. "The private discussions about whether to shift resources toward imperiled Republican Senate candidates reflect a mix of factors: a lack of confidence that Mr. Trump will beat Joseph R. Biden Jr.; fear that the president is already a drag on down-ballot candidates; desire to maintain a G.O.P. 'firewall' on Capitol Hill if Mr. Biden prevails; and the belief that money is not among Mr. Trump’s myriad problems."

“We could be in big trouble in the Senate,” said Texas GOP fundraiser Fred Zeidman. “If we lose the White House, then we’ve lost everything. The Senate has to be the firewall.”

“We recognize that the Senate is the backstop,” agreed U.S. Chamber of Commerce strategist Scott Reed. He added that he believes a unified Democratic government would “put the entire business community on the menu.”