MONEYINPOLITICS.wtf
America’s most comprehensive dictionary of campaign finance jargon
exploratory committee
noun1 a type of political committee that allows a candidate to raise money for a potential run for office; while not required under federal law, exploratory committees are often used by candidates to gauge support
Sen. Tim Scott (R-S.C.) plans to launch a presidential exploratory committee on Wednesday, according to two people familiar with his plans, marking a big step toward officially entering the 2024 White House race.— Washington Post
By launching an exploratory committee, a potential candidate gets dual waves of media attention — the launch of the committee and then the official candidacy.— Associated Press