CCUL Headlines: Political

Midterm elections position credit union advocacy for new opportunities, relationships

Thursday, November 8, 2018   (0 Comments)
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The 2018 Midterm Election set the stage for a dramatic change in both state and national politics. Even divided, Democrat-controlled U.S. House and Republican-controlled U.S. Senate, the 116th Congress holds a credit union-friendly majority. CCUL Advocacy has an overview of North Carolina and South Carolina election results below with in-depth coverage to appear in next week’s The Advocate newsletters.

North Carolina

Despite the change of control in Washington, D.C. from Republican to Democrat, the Tar Heel Congressional Delegation maintained the Republicans’ hold on current 10-3 split.

Credit union friend Congressman Ted Budd defeated challenger Kathy Manning in the contest for NC’s 13th District. CUNA and the League supported Congressman Budd by sending mailers to voters in the district. In the 9th District, Republican Mark Harris narrowly defeated Democrat Dan McCready. Rev. Harris earned the slot in the general election by defeating incumbent Republican and credit union friend Robert Pittenger in the primary. The Democratic Congressional Campaign Committee had high hopes for McCready, who was a rising star among the candidate pool nationally. McCready conceded the race to Rev. Harris Nov. 7.

With the political environment guaranteed to be different in 2019, major changes are in store for lawmakers on Jones Street in Raleigh. House and Senate Democrats won sufficient gains in state legislative races to break the supermajority held by Republicans, paving the way for more influence for Gov. Roy Cooper (D). While the votes are still being counted in some races, the Democrats’ pick-ups are sufficient to break the supermajority needed to override gubernatorial vetoes. Since Gov. Cooper took office, 20 of his 27 vetoes were overridden.

South Carolina

While Republicans swept election victories in South Carolina holding on to all seven statewide offices, Democrats flipped a U.S. House seat from Republican to Democrat.

Democrat Joe Cunningham’s defeat of Republican state Representative Katie Arrington in the coastal 1st District means SC's U.S. House consists of five Republicans and two Democrats.

State Senator William Timmons won the election for the 4th District congressional seat left vacant by Trey Gowdy’s retirement.

“Tuesday’s election will definitely alter the political landscape, but we look forward to getting to know our newly-elected officials and building those relationships while strengthening those with current credit union friends,” said CCUL President/CEO Dan Schline.

Please direct any questions to Evelyn Hawthorne or Billy Boylston and read the Nov. 13 The Advocate newsletters for more information.

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