Protect Our Future
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Protect Our Future (POF) is a Democratic
political action committee In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The l ...
(PAC) started in 2022. It was funded primarily by
Sam Bankman-Fried Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a ...
.


Funding

In 2022 Bankman-Fried provided initial financial support for Protect Our Future PAC. Protect Our Future was launched as a Democratic
political action committee In the United States, a political action committee (PAC) is a tax-exempt 527 organization that pools campaign contributions from members and donates those funds to campaigns for or against candidates, ballot initiatives, or legislation. The l ...
with $10 million in initial funding aiming to support "lawmakers who play the long game on policymaking in areas like pandemic preparedness and planning", according to ''Politico''. Bankman-Fried had provided the majority of the $14 million raised by May 2022 for the PAC. A spokesperson for the PAC said Bankman-Fried had donated $13 million, while Nishad Singh had donated $1 million. As of June 2022, Bankman-Fried contributed over $23 million to the PAC.


2022 Democratic primary

POF spent funds in several 2022 Democratic primaries. In the 2022 Democratic primary between
Shontel Brown Shontel Monique Brown (born June 24, 1975) is an American politician who has served as the United States House of Representatives, U.S. representative for Ohio's 11th congressional district since 2021. A member of the Democratic Party, Brown pre ...
and
Nina Turner Nina Hudson Turner ( Hudson; born December 7, 1967) is an American politician and television personality. A member of the Democratic Party (United States), Democratic Party, she was a Cleveland City Council member from 2006 to 2008 and a member ...
, POF spent at least $1 million in support of Brown, largely on radio, TV, and digital ads. This amount was significant, given that the Brown campaign itself raised $4 million. POF spent at least $2 million for Georgia Representative
Lucy McBath Lucia Kay McBath (née Holman; born June 1, 1960) is an American politician who has served in the United States House of Representatives from a district in the suburbs of Atlanta, Georgia, since 2019. She represented from 2019 to 2023 and since ...
. POF spent at least $7 million in the 2022 Carrick Flynn campaign for Oregon district 6 Representative. An opposing candidate alleged that POF coordinated with a Flynn campaign, an action illegal under federal law. POF denied this allegation. The Flynn campaign may have coordinated with POF through a strategy called red-boxing, whereby the campaign highlights particular language on its website in a red box that POF replicated in its advertising.


References

{{Reflist Campaign finance in the United States United States political action committees Lobbying in the United States Sam Bankman-Fried