1. What are the two reasons for a person to form an exploratory committee, according to this article?

Candidates get to prepare for the campaign before announcing candidacy and receive two cycles of media attention.

2. What do the candidates do during the "exploratory phase"?

They raise money and start hiring staff.

3. What do candidates have to do with the bureaucracy to make their exploratory committee official?

They file a statement of their candidacy with the Federal Election Commision.

4. Why did Elizabeth Warren's exploratory committee hire staff in Iowa?

Iowa is an important early state in the primary.

5. What is the most important task of the exploratory committee for the candidate?

To raise money.

6. Why are Joe Biden and Bernie Sanders less likely to use an exploratory committee?

They don't feel like they need the glide path an exploratory committee provides; they are well known.