Ohio Senate Showdown: Moreno Backers Outspend Brown by a Staggering $67M

The Ohio Senate race between Republican Bernie Moreno and Democratic incumbent Sherrod Brown has seen a dramatic shift in funding, with outside PACs backing Moreno outspending those supporting Brown by $67 million.

This influx of cash is fueling a close race that could decide the Senate majority.

PAC Spending Powers Moreno’s Campaign

According to recent data, pro-Moreno PACs have spent nearly $90 million on the race, while pro-Brown groups have contributed $22.5 million.

Defend American Jobs, a crypto-backed PAC, leads the charge for Moreno with $35 million, while the Senate Leadership Fund has spent $20 million. In contrast, Brown’s main ally, WinSenate PAC, has spent around $20 million on attack ads.

Despite trailing in PAC support, Brown’s campaign has a significant fundraising edge, collecting $53 million compared to Moreno’s $15 million.

The financial backing from these PACs is helping to narrow the polling gap, with some surveys showing Moreno pulling ahead.

Key Issues at Play

Moreno’s campaign focuses on immigration and the economy, while Brown emphasizes reproductive rights—a key issue since Ohio voters passed an amendment protecting abortion access in 2023.

Moreno has faced backlash over his remarks on abortion, potentially swaying suburban women voters.

Tight Polls Signal a Toss-Up Race

Recent polls show the race as a toss-up. FiveThirtyEight’s polling aggregate gives Brown a narrow 2.4-point lead, while other polls show Moreno slightly ahead.

With Ohio’s race classified as a toss-up by the Cook Political Report, both parties view this contest as pivotal in determining control of the Senate.

Key Insights

  • PACs supporting Moreno have spent $90 million, compared to $22.5 million for Brown.
  • Brown leads in fundraising with $53 million raised versus Moreno’s $15 million.
  • Polls show a tight race, with some indicating a slight lead for Moreno.
Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies
ABOUT THE AUTHOR See More
Avatar
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.
Related Articles
Comments
0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments