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Reporting on Montana’s 2026 Senate race continues to frame Kurt Alme as the likely Republican nominee after Steve Daines stepped aside and backed him, with Trump also endorsing Alme. Separate coverage notes independent candidate Seth Bodnar is trying to attract disaffected voters. There are no new, concrete developments in the Democratic primary in these updates. The news is mostly about the GOP field, not the Democratic primary, so it may not move this Democratic-nominee market much. It could slightly increase uncertainty if traders think an independent bid changes the overall race dynamics.
M. WolfMichael Black Wolf
A. BankheadAlani Bankhead
M. HummertMichael HummertSource: FEC
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We're monitoring and will update when new data impacts the race.