An exploratory committee is an organization established to help determine whether a potential candidate should run for an elected office in United States electoral politics. They are most often cited in reference to candidates for president of the United States prior to campaign announcements and the primaries. Exploratory committees allow prospective candidates to raise money and hire staff, and they do not have to report financial activity to the Federal Election Commission. Forming an exploratory committee for president almost always precedes an official candidacy, though some, such as Paul Wellstone in 2000 and Evan Bayh in 2008, have declined to formally run.