New York Stock Exchange exec mulling Michigan Senate bid

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New York Stock Exchange exec mulling Michigan Senate bid
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The vice chair of the New York Stock Exchange is considering a run for Senate in Michigan, where Republicans have been searching for a candidate for retiring Sen. Debbie Stabenow’s seat.

John Tuttle , vice chair of the New York Stock Exchange, is in the early stages of exploring a run for Senate. | Andres Kudacki/AP PhotoThe vice chair of the New York Stock Exchange is considering a run for Senate in Michigan, where Republicans have been searching for a candidate for retiring Sen.Southeast Michigan native John Tuttle is weighing a bid, according to two people familiar with his thinking who were granted anonymity because they were not authorized to discuss his plans.

The Michigan Senate seat is so far the only open seat in a swing state this cycle, and it promises to attract massive sums of money as both parties battle for control of a closely divided chamber. Tuttle is only in the early stages of exploring a run. But his interest comes as Republicans have so far struggled to field any serious contenders for the seat. Democrats, meanwhile, have united quickly behind Rep., a strong fundraiser who ousted an incumbent GOP representative in 2018. Her launch spooked a slew of other prominent Michigan Democrats out of the race, though a handful of other potential candidates are still considering jumping in.

With his work based in Manhattan, Tuttle splits his time between New York City and Michigan. He is from Milford, Mich. in Oakland County and maintains deep ties to the state. He was the commencement speaker last year at Eastern Michigan University, his alma mater. Tuttle, 41, has considered a run for Congress in the past. And he’s been somewhat politically active too. In his role as president of the NYSE Institute, he hosted Speaker Kevin McCarthy in April on Wall Street when he visited the stock exchange to give a speech on the debt limit. Tuttle conducted a brief question-and-answer session with McCarthy afterward.

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