Stacie McGinn
Party:
Republican
Incumbent:
No
Age:
66
Previous experience in elected office:
None; 2024: ran for N.C. Senate District 42
Occupation:
Former Bank of America executive

Description:
McGinn's main issues include supporting parental rights in children's education, improving student proficiency in math and reading, investing in law enforcement and advocating for low property and personal income taxes. Her goals for economic development include reasonable regulations that "attract well-paying jobs and make it easier to start new businesses." Overall, she aims to maximize economic growth and support while also valuing the quality of life.
Other personal:
McGinn was the former general counsel of the Mecklenburg County Republican Party. As a former partner at the law firm Skadden, she worked on bank mergers and consumer protections. McGinn has a BBA from Baylor University, and a JD from Georgetown Law.
The Election Hub Questionnaire
Please provide demographic information about yourself to help voters (age, education, current occupation, where you live).
I am a lawyer and former business executive. I earned my J.D. from Georgetown University Law Center, cum laude, and my Bachelor in Business Administration with concentrations in Economics and Finance, with distinction, from Baylor University. I have lived in Charlotte for 21 years, having been recruited by Bank of America as a top executive and Deputy General Counsel over their Global Consumer Banking group. In that role, I served on a team of executives that managed a budget of $30 billion, about the same size as our state’s budget.
Why are you running for this role and why should voters pick you? Please share your previous experience in elected office that would be relevant to voters.
I am running to represent the people of Senate District 42 and the state of North Carolina because I want to use my leadership skills and experience to give back to the community and state that I love. As a lawyer and executive, I spent 35 years working on complicated public policy issues. I started with the Reagan Administration, working to eliminate government waste. No stranger to hard work, I then worked during the day as a commercial loan officer and put myself through law school at night. As a partner at a major law firm representing major banking clients; and then as an executive with Bank of America, I regularly appeared before state and federal regulatory and enforcement agencies, and helped prepare clients for Congressional testimony. In my 35+ years as a professional, and a member continuously in good standing with two bar associations, no one ever questioned my honesty or integrity. As such, I am well-qualified to serve in the NC Senate.
My opponent, Senator Woodson Bradley, spent her peak earning years working for “the most prolific pyramid scheme in North America,” as was well-documented by the Charlotte Observer and the Carolina Journal in 2024. The scam cost 20,000 North Carolinians their life savings. After this scheme was shuttered by the FTC and former Attorney General Roy Cooper, Senator Bradley was a spokesperson for a second pyramid scheme, ARRIX. She and her ex-husband ultimately filed for bankruptcy.
As a State Senator, Woodson Bradley has shown herself unwilling to differentiate herself from the most far-left voices in her party. She failed to show up for the final vote on Iryna’s Law, the most consequential anti-crime bill in decades; and while she talks about the need to address affordability, she opposes, and failed to show up to vote for, the referendum on the ballot that would stop the indiscriminate rise in property taxes and cap the personal tax rate in North Carolina at 3.5%. While she sponsored or co-sponsored a record number of bills during her freshman year in office – about 200 bills, or nearly 20% of ALL bills introduced during the session – not a single bill she sponsored became law.
Tell us 1-2 professional accomplishments you have achieved in your work experience (not limited to public service) that give voters a sense of your leadership style or skills.
In the midst of the financial crisis, I worked with a team to devise a strategy, negotiate, and finalize a settlement agreement with numerous state attorneys general over the prior lending practices of a failing mortgage lending company the bank sought to acquire. The terms of that settlement agreement became the basis for future federal loan modification programs adopted by the U.S. Treasury and the Federal Housing Finance Board.
I was the lead regulatory associate at my law firm on the transaction that resulted in the formation of Citigroup (i.e., the merger of Travellers and Citicorp). The transaction was ground-breaking, as insurance and banking companies were not allowed to be owned by the same holding company at the time under the Glass-Steagall Act. Herculean efforts on the part of our team resulted in Travellers and Citicorp receiving regulatory approval for this extraordinary transaction; and Glass-Steagall was repealed shortly thereafter.
What endorsements from any notable NC organizations or people have you received?
The only endorsement that I am working every day to earn is that of the voters of Senate District 42. Unlike my opponent, I am beholden to no special interest groups
How long have you lived in the region/district where you are running for office?
21 years
Tell us something unexpected about yourself that voters may be interested to know.
I am an avid outdoor enthusiast. Among my many adventures, I have hiked to Everest Base Camp and the Inca Trail to Machu Picchu. More recently hiked Mount Fuji in Japan to honor my father, a West Point graduate and decorated veteran of three wars, who climbed Mt. Fuji more than 75 years earlier as a young Army recruit.
Artificial intelligence (AI) is an area of concern for many voters (e.g. government-run chatbots; AI-generated videos, text and images; data centers; license-plate readers; AI to hire and evaluate employees or teach students). How should elected officials in your role or others regulate AI, if you believe they should? How should elected officials in your role use AI?
AI is quickly changing every aspect of our lives and is embedded in core industries and professions, from banking, construction, to the practices of law and medicine. Reasonable regulation of AI may be necessary, beginning with those areas that protect children and our personal information and identities. Regulation needs to be implemented in a way that does not impede significant technological developments. Elected officials can utilize AI as a tool to conduct legislative research, improve government efficiency, as well as assist with critical budget oversight.
