Sen. Tim Scott (R-SC) “will announce his candidacy for president on Monday and will enter the race with around $22 million cash on hand, making him one of the most serious competitors for the front-runner, Donald Trump, even as Mr. Scott has hovered around 2 percent in Republican primary polls,” the New York Times reports.
The Washington Post reports Scott is launching a $6 million advertising buy set to begin next week.
Associated Press: “The ad buy, valued at about $5.5 million, is scheduled to run through the first GOP presidential debate in late August and marks the most significant advertising expenditure by a potential or declared candidate in the early stages of the 2024 nominating campaign.”