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☆ Tim Scott drops out of GOP primary race after girlfriend reveal
▼ + stars: | 2023-11-13 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Despite ample financial resources, his platform didn't resonate among GOP voters. Details of Scott's relationship with Noce surfaced after he faced criticism over being unmarried — with some insinuating he is gay. AdvertisementAdvertisement"It's like a different form of discrimination or bias," the 2024 GOP presidential candidate told The Washington Post . Scott's campaign began with $22 million before his announcement and received substantial backing from Larry Ellison, the cofounder of Oracle Corporation. AdvertisementAdvertisementA spokesperson for Scott's campaign did not immediately respond to a request for comment from Insider.

Persons: Tim Scott, —, Scott, Trey Gowdy, Mindy Noce, Axios, Larry Ellison Organizations: Service, GOP, Republican, Fox News, Washington Post, South, Oracle Corporation, senator's, Opportunity Matters Locations: South Carolina, America, Iowa

☆ Tim Scott drops out of race mere hours after girlfriend reveal
▼ + stars: | 2023-11-13 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

I am suspending my campaign," Scott said during an interview on Fox News' "Sunday Night in America with Trey Gowdy." Details of Scott's relationship with Noce surfaced after he faced criticism over being unmarried — with some insinuating he is gay. AdvertisementAdvertisement"It's like a different form of discrimination or bias," the 2024 GOP presidential candidate told The Washington Post . Scott's campaign began with $22 million before his announcement and received substantial backing from Larry Ellison, the cofounder of Oracle Corporation. AdvertisementAdvertisementA spokesperson for Scott's campaign did not immediately respond to a request for comment from Insider.

☆ Peltz, Druckenmiller, Navarro give big to Tim Scott PACs as DeSantis falters
▼ + stars: | 2023-07-31 | by ( Brian Schwartz | ) www.cnbc.com time to read: +2 min

A super PAC backing Republican presidential candidate Sen. Tim Scott, R-S.C. on Monday disclosed major donations from some of the nation's wealthiest business leaders. Between April and June this year, he gave $80,000 to the PAC backing Scott, who only officially entered the race in May. He also gave $15 million to Club for Growth Action, a separate super PAC that is taking on Trump's latest run for president. Rowan donated $250,000 to a different pro-Scott super PAC, Trust In The Mission (TIM) PAC, last quarter. Ben Navarro, a South Carolina businessman and CEO of Sherman Financial Group, donated $5 million to the same committee.

Persons: Sen, Tim Scott, Scott, Nelson Peltz, Jeffrey Yass, Stanley Druckenmiller, Peltz, Trump, Ron DeSantis, GOP megadonor, Druckenmiller, Marc Rowan, Rowan, Ben Navarro Organizations: PAC, Wall Street, Scott Opportunity, Federal, Commission, Trump, Trian Fund Management, Capitol, Florida Gov, GOP, Susquehanna International Group, Scott, for Growth, Opportunity Matters, Hamptons, Apollo Global Management, Trust, Sherman Financial Group Locations: Florida, Yass, South Carolina

Which Presidential Candidates Are Leading the 2024 Money Race? Federal disclosures on Saturday provided a first glimpse of the money race between the presidential candidates for 2024, showing who has amassed the most campaign cash so far. Joint Fund-Raising Committees Joint Fund-Raising Committees Allow two or more political committees to raise money together and pass the proceeds along to their member committees. Generally, a leadership PAC cannot spend money directly on the candidate’s campaign. DONATIONS FROM: Other PACs Individuals $5,000 limit $5,000 limit Leadership PAC $5,000 limit $5,000 limit Other PACs Campaign Committees Limit to campaign committees is for the primary election.

Persons: Donald J, Tim Scott, Joseph R, Biden, Ron DeSantis, Vivek Ramaswamy, Trump, Tim Scott of, Mike Pence, Doug Burgum, Burgum, Nikki Haley, Kennedy, Chris Christie, Suarez, Asa Organizations: Trump, Republican, Biden, Gov, Republicans, Fund, Democratic National Committee . Campaign, Trump Save America, America, Inc, Mr, Save, PAC, Campaign, Opportunity, Win Data, America Data, America PAC, SFA, SOS America PAC Locations: Tim Scott of South Carolina, Florida, North Dakota, Biden’s

☆ Oracle's Larry Ellison gears up to spend millions to back Tim Scott's 2024 run
▼ + stars: | 2023-05-22 | by ( Brian Schwartz | ) www.cnbc.com time to read: +3 min

Oracle co-founder and Republican megadonor Larry Ellison is preparing to spend millions of dollars backing Sen. Tim Scott's run for president. The Opportunity Matters Fund PAC has been rebranded for Scott's White House run with a new name: Trust In The Mission PAC, or TIM PAC. Another veteran Republican fundraiser told CNBC that Ellison is already planning to donate up to $10 million to the TIM PAC in the early going of Scott's run. Ellison has signaled to allies that he could give at least between $20 million and $30 million more this cycle, this person said. Ellison admires Scott a great deal for the senator's strong support for Israel, according to a lobbyist who's worked with Oracle and has known Ellison for years.

☆ Tim Scott's biggest financial backer is Larry Ellison, a tech billionaire who owns the sixth-largest island in Hawaii and has poured $35 million into the senator's super PAC
▼ + stars: | 2023-05-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Ellison has pumped $35 million into Scott's super PAC, and could legally give him millions more. On Monday, Ellison attended Scott's campaign launch in North Charleston, where Scott described him as one of his mentors. Trump's political operation includes the "MAGA, Inc" super PAC, while Florida Gov. Ron DeSantis has enjoyed the support of the "Never Back Down" super PAC. Scott's campaign isn't the first time a Republican presidential candidate has heavily relied on a single megadonor.

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