Most critical 3 races for banking

All 3 Endorsed Candidates Meet With FOTB Leadership

All three endorsed candidates of Friends of Traditional Banking this cycle met last week with FOTB's l eadership teams in an unprecedented Zoom call. These have been named the "Three Most Critical Races for Bankers" this fall: banker Eric Hovde (Senate candidate in Wisconsin), Rep. David Schweikert (Congressman from Arizona), and Rep. Zach Nunn (Congressman from Iowa).

All three candidates were super impressive and in super tight races that could really go either way. "Races like mine in Wisconsin will determine whether the chair of the Senate Banking Committee is Tim Scott or Elizabeth Warren," noted senate candidate Eric Hovde, who is also chairman and CEO of Sunwest Bank.

"We need to really take seriously what is in play right now," pointed out Rep. David Schweikert, who serves on the powerful House Ways and Means Committee and discussed how razor thin margins in the House will affect tax policy.

"Farm credit is essential life blood," pointed out Rep. Zach Nunn, who serves on the House Financial Services Committee and discussed ways we can finally get ACRE through.

It was quite a call! I think Texas Bankers Association CEO Chris Furlow said it best on the call: "Our efforts to get these three across the finish line to victory will be huge in helping to raise the banking IQ in Congress." We need these three to win.

We invite YOU to join us in kicking in what you can to support all three of these outstanding candidates. Here are the links so that every penny goes directly to their races:

Donate directly to Hovde HERE.

Donate directly to Schweikert HERE.

Donate directly to Nunn HERE.

You can also learn more about our three great candidates on FOTB's website HERE.

A couple of our candidates were recently featured in American Banker. Check it out:

Join State Banking Assn Leaders in Urging the FCC to Stop Text Scams

This month, fifty-two state bankers associations urged the Federal Communications Commission to issue new rules to help stem the flow of illegal texts and calls to consumers. “Texts that impersonate a bank were the most common form of text message scam reported to the Federal Trade Commission in 2022,” the state bankers associations said.

“Banks are committed to stopping criminals who seek to defraud their customers, but banks cannot achieve this goal alone. We urge the Commission to combat illegal texts and calls by adopting the order without delay.”

Read their full letter HERE.

See how YOU can also weigh in to the FCC HERE.

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Want to provide content in our Sponsor's Corner? Reach out about being a partner! mike@friendsoftraditionalbanking.com

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PAID for by Friends of Traditional Banking. NOT authorized by any candidate or candidate's committee.

Friends of Traditional Banking is a non-partisan grassroots effort organized by bankers in 2012 to improve the political and regulatory environment for the traditional banking industry in the U.S. FOTB is the inverse of a PAC--instead of spreading a little bit of money to a lot of campaigns, they focus a lot of money on a couple of key campaigns.