Republican Senator Tim Scott of South Carolina is expected to announce that he will run for president in 2024.
"Scott is taking steps to position himself at a run for president in 2024, and his massive war chest and fundraising prowess could give him a solid head start," reports Fox News.
"Speculation of a Scott presidential bid increased after the South Carolina lawmaker hired former Republican Colorado Sen. Cory Gardner and political operative Rob Collins to lead his super PAC, Opportunity Matters Fund Action, to back his endeavors," reported Fox News.
"The super PAC, which launched in September, has raised $17 million," reports Fox News. "Federal filings show the super PAC spent millions aiding a handful of senatorial candidates between late September and early November. In December, it dropped $250,000 into digital advertisements for Scott."
Scott is the only black Republican in Congress's upper chamber. If Scott chooses to run, his large war chest could provide him with a boost from the start.
"Since Haley appointed him to the Senate in 2013, he has grown into a fundraising powerhouse. Scott faced a special election in 2014 and garnered just under $7 million in contributions that cycle. But during his 2022 election, that number skyrocketed to just over $43 million in donations, according to Federal Election Commission records," reported Fox News.
Source: Fox News