In 2008, Folwell sought the Democratic nomination for state treasurer, but dropped out of the race; then in December 2011, he announced that he would not seek election to a fifth term in the North Carolina state House.
In 2008, Folwell sought the Democratic nomination for state treasurer, but dropped out of the race; then in December 2011, he announced that he would not seek election to a fifth term in the North Carolina state House.