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Patrick J. Toomey

Michael Bloomberg jolts Senate battle with $20M for Democrats, five weeks before midterms

Michael Bloomberg, the billionaire former mayor of New York City who is considering a 2020 presidential campaign, will give $20 million to the main Democratic Senate super PAC this week - jolting the national battle for control of the chamber just five weeks away from the midterm elections.

Bloomberg's intervention bolsters the Democrats' Senate chances by infusing significant late-season capital into the Senate Majority PAC, a group that had $29 million on hand at the end of August and has been purchasing advertising in expensive media markets.

Bloomberg - a former Republican and declared political independent - says the emotional national debate over sexual assault...