banking committees. The Centerfor Responsive Politics reportedthat the PAC run by the AmericanBankers Association has contributed 31% of its money to Democrats and 69% to Republicans.
As Election Day creeps closer,here are some of the hottest racesto watch, which could have a tremendous impact on credit unionpolicy in the next Congress.
Senate Races to Watch
Sen. Martha McSally (R-Ariz.):McSally, a member of the Senate Banking Committee, is running for reelection against retiredastronaut Mark Kelly, a Democrat, in a high-profile contest. Themost recent polls showed Kellywith a sizeable lead for the seatonce held by Sen. John McCain(R-Ariz.).
McSally was appointed tocomplete McCain’s Senate termshortly after she was defeated byDemocrat Krysten Sinema for Arizona’s other Senate seat.
Sen. Cory Gardner (R-Colo.):Gardner is running for reelectionagainst former Democratic Gov.John Hickenlooper. Gardner maybe best known in the credit unioncommunity for being the mainSenate sponsor of legislation thatwould provide a safe harbor forfinancial institutions that providefinancial services to marijuana-related companies in states wherecannabis is legal.
Some political analysts havesaid Gardner’s political fortuneswould improve if Senate MajorityLeader Mitch McConnell (R-Ky.)allowed that legislation to cometo the Senate floor. The legislation has passed the House, but itremains bottled up in the Senate.
Sen. Joni Ernst (R-Iowa): Thevice chairwoman of the SenateRepublican Conference, Ernst isrunning against Democrat TheresaGreenfield. Ernst has tied her fortune closely to President Trump.
Ernst is a member of the Senate Judiciary Committee and herparticipation in the confirmationhearings for Amy Coney Barrettlikely will raise the senator’s visibility just weeks before ElectionDay.
Sen. Susan Collins (R-Maine):Collins is one of four senators forwhom CUNA has made ads independent of the candidate’s campaign. Collins is running againstDemocrat Sara Gideon, speaker ofthe Maine House.
Polls have shown Gideon with alead and Collins is considered oneof the Senate’s most endangeredRepublicans.
Sen. Gary Peters (D-Mich.):Trump carried Michigan in 2016and Peters is running for a second term against Republican JohnJames. CUNA has created digitalvideo ads and direct mail on behalf of the senator. One video adapplauded Peters for having takenCOVID- 19 seriously very earlyand having supported efforts toprotect people from it. NAFCUhas contributed directly to Peters’campaign as well.
Sen. Tina Smith (D-Minn.):
Smith was appointed to the Sen-
ate in 2018 to complete the term
of Sen. Al Franken (D-Minn.),
who resigned. Smith is a member
of the Senate Banking Committee.
Her opponent is Republican Jason
CUNA identified this race asa high-profile contest, has madedigital ads and is sending out direct mail on behalf of the Democrat’s campaign. NAFCU also hassupported Smith.
Sen. Steve Daines (R-Mt.):Daines is running in one of themarquee events this year since heis locked in a close contest withthe state’s Governor, Steve Bullock. Daines has been a staunchconservative and outspoken inhis support of Trump’s reelectioneffort.
CUNA has paid for direct mailand digital ads touting the senator’s campaign. One of the digitalads noted Daines’ support of thePaycheck Protection Program.
Sen. Thom Tillis (R-N.C.): Tillis’ campaign may have beendealt a setback when he wasdiagnosed with COVID- 19around the same time PresidentTrump was diagnosed with thecoronavirus.
Tillis is a member of the Sen-
ate Banking Committee and is
running for another term against
Democrat Cal Cunningham.
Sen. Lindsey Graham (R-S. C.):
Graham’s race against DemocratJaime Harrison has emerged asone of the closely watched Senateraces in the nation – a surprisingdevelopment in deeply red SouthCarolina.
As chairman of the Senate Judiciary Committee, Graham will beat the center of the panel’s confirmation hearings for Coney Barrettin the closing weeks before Election Day.
House Races to Watch
Rep. Rodney Davis (R-Ill.): Thecampaign arms of House Republicans and House Democrats aretargeting this race since Davis defeated Democrat Betsy Londriganby a 0.8% margin in 2018. She isDavis’ opponent again this year.
CUNA has been spending independently on Davis’ behalf.
Rep. Ann Wagner (R-Mo.): Amember of the House FinancialServices Committee, Wagner isrunning for reelection againstDemocrat Jill Schupp.
The Democratic CongressionalCampaign Committee targetedthis race – adding it to its “Red toBlue” effort to flip congressionaldistricts. Noted campaign analystCharlie Cook rated this race as a“toss-up.”
Rep. Don Bacon (R-Neb.): Bacon is running against DemocratKara Eastman, who was his opponent in 2018. In that race, Baconreceived 51% of the vote, whileEastman received 49%.
CUNA is sending out directmail and running digital video adson behalf of Bacon. NAFCU also issupporting Bacon’s reelection.
Rep. Andy Kim (D-N. J.): CUNAis sending out direct mail and using digital video ads in supportof Kim’s reelection. Kim defeatedtwo-term incumbent Rep. TomMacArthur in 2018. His opponent this year is Republican DavidRichter.
Rep. Xochitl Torres Small (D-N.M.): Torres Small was electedin 2018, when Republican incumbent Steve Pearce decidedto run for governor. Her opponent is Yvette Herrell, who alsoran against her in 2018. CUNA issending direct mail and producing digital ads on her behalf.
Rep. Ben McAdams (D-Utah):
McAdams is a member of theHouse Financial Services Committee, having defeated Republican Rep. Mia Love in 2018.
His Republican opponent isformer National Football Leagueplayer Burgess Owens, an outspoken supporter of PresidentTrump. n
RacesCONT. FROM PAGE 1
Y Less than a month until Election Day, CUNAand NAFCU have a list of credit union-friendlycandidates they are supporting.
Y CUNA and NAFCU roughly donate toRepublicans and Democrats in a 50-50 split.
Y Both organizations are looking at candidateswho support issues such as marijuana bankingand the Paycheck Protection Program.
‘CUNA identifiedthis race as a high-profile contest, hasmade digital ads andis sending out directmail on behalf of theDemocrat’s campaign.’