"California Senate Race: Katie Porter Concedes Amid Billionaire Backlash and GOP Challenger's Success"

California Democrat Katie Porter blamed billionaires and campaign "lies" in her concession speech after losing the open Senate primary, accusing Rep. Adam Schiff's campaign of spending millions on "peddling lies" and boosting the Republican candidate, Steve Garvey. Despite touting her record of not accepting corporate PAC money, Porter herself received millions from big donors, including Wall Street and tech companies. The highly contested seat, previously held by Sen. Dianne Feinstein, saw Porter raise just under $28 million, trailing slightly behind Schiff's $31 million, with Garvey raising just over $2 million. Schiff and Garvey will face off in the general election in November.