Unlike a PAC that distributes a few thousand backs to many candidates, Friends of Traditional Banking picks just two (sometimes three) candidates each cycle. This allows us to encourage our 25,000+ members to donate what they can directly to these few key races, providing money bombs that can help tip the scales in a close race!
FOTB Advisory Council members (made up of state banking association leaders) met earlier this week, and FOTB Nationwide Banker Board members (made up of a bank executive from each state) will meet next week. These leaders are coming up with a list of potential candidates that will be closely watched in the months ahead. The list is then winnowed as follows:
APRIL - Initial brainstorm list created by Advisory Council & Banker Board
JULY - List pared down to the Top Ten races to watch
AUGUST - List distilled to a Final Four key candidates
SEPTEMBER - Final two endorsements made and members encouraged to donate
The leaders are looking for either challengers or incumbent members of Congress that are stalwart friends of banking, that have opponents that would be bad for our industry, and that are in close races where our involvement could really make a difference.
IF YOU KNOW OF CANDIDATES FOR THE U.S. HOUSE OR SENATE THAT WE SHOULD BE CONSIDERING, PLEASE RESPOND TO THIS EMAIL AND LET US KNOW!
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