Wall Street Executive Considering Running

The vice chairman of the New York Stock Exchange is considering a run to replace retiring Michigan Democrat Senator Debbie Stabenow in 2024, Politico reported on Monday.

Michigan Republicans have been looking for a contender to run for the open seat. And according to Politico, Michigan native John Tuttle is giving it serious consideration.

Tuttle, who once served on President George W. Bush’s Political Affairs Office, joined the New York Stock Exchange in 2007.

Stabenow’s Michigan seat is the only open Senate seat in the 2024 election so far and will likely attract large sums of cash as both parties consider it a key seat in the fight to control the Senate.

According to Politico, Democrats have already coalesced behind Michigan Congresswoman Elise Slotkin, who is a strong fundraiser who unseated an incumbent Republican in the 2018 Blue Wave. Other Michigan Democrats who were considering a run were spooked out of the race when Slotkin announced her campaign.

While Tuttle is only in the exploratory stages of launching a run, his interest in the race is encouraging to Republicans in the state who have struggled to find any serious contender, Politico reported.

Two-time Michigan Republican Senate candidate John James, now a member of the House, declined to run a third time in 2024.

Former Republican Rep. Peter Maijer, who was defeated in the 2022 primary by a Trump-endorsed challenger who went on to lose in November, is also considering taking a stab at Stabenow’s seat. However, some in the Michigan GOP fear that Maijer’s defeat in 2022 coupled with his vote to impeach Trump could hurt his chances in 2024.

While it is unclear if and when Tuttle would announce a run, Politico reported that he has been speaking with Republicans in Michigan and Washington about throwing his hat into the ring.

According to Politico, the National Republican Senatorial Committee (NRSC) is showing some interest in Tuttle.

NRSC chairman Montana Republican Senator Steve Daines told Politico that Tuttle would be a strong recruit for the Michigan Senate race.