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Democratic candidate for Texas governor Gina Hinojosa joins Kasie Hunt to discuss her views on the death penalty.
Former President Obama endorses David Crowley in Wisconsin governor's race
MADISON (WKOW) — Former President Barack Obama has endorsed Milwaukee County Executive David Crowley for Wisconsin governor.
Texas Launches Expedited Online Business Filing System via SOSPortal
Governor Greg Abbott announced the launch of online Texas Express services, allowing businesses to utilize same-day and next-day filings through the Texas Secretary of State.
Byron Donalds 45%, David Jolly 45%: St. Pete Polls finds the Governor's race deadlocked with four weeks to go
Both candidates gained a point since September; Jolly's lead among independents is now 17.
The Politics Hour: D.C. Attorney General Brian Schwalb on prosecuting 'extreme housing neglect'
D.C. AG Brian Schwalb talks pushing for better housing conditions, suing Amazon, and driving down youth crime. Plus, WAMU's Maryland reporter Jenny Abamu on Governor Wes Moore's political future.
Does Massachusetts have a ‘real race’ for governor?
The answer may hinge on Republican Mike Minogue’s ability and willingness to pivot to the political center.
Phibro Animal Health honored with Governor’s Bioscience Award
Company has maintained a significant presence in Nebraska since acquiring Baltzell Agri Products mineral nutrition business in 2009.
Pa.’s only governor debate spotlights voter ID, gas prices, health care and Donald Trump
In their only debate this year, Gov. Josh Shapiro on Wednesday sought to tie Republican challenger Stacy Garrity to Trump administration policies affecting...
Pa. election 2026: Where Josh Shapiro and Stacy Garrity stand on health care, abortion, trans rights and more
Pennsylvania’s governor will face a challenging health care environment next year as hundreds of thousands lose coverage.
Latest in Lakers legal saga: Jeanie Buss' siblings file opposition
The siblings of Los Angeles Lakers owner Jeanie Buss filed an opposition Wednesday, Oct. 7 as she attempts to remain governor of the team.
WATCH LIVE: Shapiro, Garrity to engage in Pa. governor\'s debate
The two major-party candidates for governor of Pennsylvania will meet in Harrisburg tonight for the only scheduled debate in this year's general election.
Kennedy offers federal support to New York over measles outbreak
New York Governor Kathy Hochul spoke with U.S. Health Secretary Robert F. Kennedy Jr. on Tuesday, and he offered federal support as the state responds to a measles outbreak, the Department of Health and Human Services said on Wednesday.
Kennedy offers federal support to New York over measles outbreak
Oct 7 () - New York Governor Kathy Hochul spoke with U. on Tuesday, and he offered federal support as the state responds to a measles outbreak, the Department of Health and Human Services said on W...
Animal health company awarded 2026 Governor’s Bioscience Award
A global animal health company was named the 2026 recipient of the Governor’s Bioscience Award, which recognizes individuals or companies that make significant contributions to Nebraska’s bioscience industry.
Crowley, Tiffany offer opposing health-care plans | Election 2026
Health care costs are squeezing Wisconsin families — and the candidates for governor have very different ideas about what to do.
ULM grad named America's top independent pharmacist
Louisiana Governor Jeff Landry praised America's top independent pharmacist who graduated from ULM
State investing over $17M in mental health service grants
Governor Josh Stein and the state Department of Health and Human Services made the announcement today.
Donalds blitzes airwaves as governor’s races tightens
TALLAHASSEE — U.S. Rep. Byron Donalds’ gubernatorial campaign is hitting the airwaves with a spate of new ads amid a tightening race, as he seeks to maintain the GOP’s hold
Where Iowa governor candidates stand on cancer, water, property taxes
Republican Zach Lahn and Democrat Rob Sand are running in Iowa's open governor's race. Here's where they stand on key issues.
Trump’s LA and San Diego comments ‘dangerous, if not treasonous’, says Newsom
California governor critcizes president for ‘putting a target on two of our biggest cities and one of America’s largest naval hubs’
Newsom Calls for 25th Amendment After Trump Imagines Iran Attacking California
The California governor and other critics say the President’s comments signal mental instability.
Florida poll: Republicans lead in the races for governor and Senate
The new survey shows the state’s Hispanic voters shifting away from President Donald Trump after Republicans made gains in 2024.
Arnold Schwarzenegger, James Patterson team up on new book 'The Protector'
Former California Governor Arnold Schwarzenegger speaks to students after he received an honorary degree from the Hertie School on Sept. 17, 2024, in Berlin, Germany. The award is in honor
Michigan’s narrow legislative majorities are up for grabs. Here are races to watch.
At stake is who sets the governing agenda for the next two years and, depending on who wins the governor’s race, whether there is divided government or one-party dominance in Lansing.
Georgia governor debate: Bottoms, Jackson clash over health care, data centers
Democrat Keisha Lance Bottoms and Republican Rick Jackson faced off Tuesday night in Doraville for their only televised debate.
Seneca gaming compact fight spills into New York governor’s race
New York election officials can now choose to use an expanded federal database to verify the citizenship of people on voter rolls.
Seneca gaming compact fight spills into New York governor’s race
New York election officials can now choose to use an expanded federal database to verify the citizenship of people on voter rolls.
Hochul, AOC stump on data center ban common ground
Less than a month from Election Day, Hochul needs better numbers among city voters, according to recent polls.
Hochul, AOC stump on data center ban common ground
Less than a month from Election Day, Hochul needs better numbers among city voters, according to recent polls.
Californians are in a sour mood but don’t want to change the political status quo
All of the statewide offices, including the governorship, will remain in Democratic hands.
Voters in 12 states face tight races for governor
The Cook Political Report has labeled four governor races as "lean Democrat" and three as "lean Republican."
Voters in 12 states face tight races for governor
The Cook Political Report has labeled four governor races as "lean Democrat" and three as "lean Republican."
Voters in 12 states face tight races for governor
The Cook Political Report has labeled four governor races as "lean Democrat" and three as "lean Republican."
WATCH: Gov. Wes Moore, GOP challenger Dan Cox face off in Maryland governor’s debate
Gov. Wes Moore, a possible 2028 Democratic presidential candidate, is set to face a familiar GOP opponent, former state Del. Dan Cox, in a debate Tuesday, as he bids for a second term as Maryland’s chief executive.
Health officials mobilize following governor’s measles mandate
Gov. Kathy Hochul declared a state of the emergency, citing the growing rate of measles cases throughout New York.
Could Texas Elect a Democratic Governor for the First Time in More Than 30 Years? Polls Show a Tight Race
Republicans have led the state for more than 30 years. But Gov. Greg Abbott appears to be facing an unusually competitive bid from his Democratic challenger.
Arkansas Advocate on Ozarks at Large: Maternal health, Kentucky's governor and political debates
Arkansas Advocate Editor-in-Chief Andrew DeMillo joined Ozarks at Large Senior Producer Matthew Moore on KUAF this week to discuss recent grants for maternal health, Kentucky's governor rallying Democrats and the history of political debates.
Arkansas Advocate on Ozarks at Large: Maternal health, Kentucky's governor and political debates
Arkansas Advocate Editor-in-Chief Andrew DeMillo joined Ozarks at Large Senior Producer Matthew Moore on KUAF this week to discuss recent grants for maternal health, Kentucky's governor rallying Democrats and the history of political debates.
Analysis | The midterm battle for power in the states
Republicans are on defense in governor and state legislative races.
Pulse of Politics: Less than a month until Election Day
Detroit News Columnist Kaitlyn Buss joins FOX 2 Detroit Live Host Aaron Jordan to discuss the races for senate and governor, with less than a month to go until Election Day.
Rating the Governor Races: The States Where Democrats Are Poised for Victory
Election Day this year will determine who holds the keys to influential executive mansions across the country. Thirty-six states have gubernatorial contests on the ballot, and the results in November will determine whether Democrats control a majority of the nation’s governorships for the first ...
Governor Candidate Amy Acton (D-OH) Visits Small Business in Columbus
Candidate for governor Amy Acton (D-OH) visits a small business in Columbus.
Rating the Governor Races: The States Where the GOP Is Poised for Victory
Election Day this year will determine who holds the keys to influential executive mansions across the country. Thirty-six states have gubernatorial contests on the ballot, and the results in November will determine whether Democrats control a majority of the nation’s governorships for the first ...
Wisconsin governor candidates offer opposing plans to address rising health care costs
Republican U.S. Rep. Tom Tiffany and Democratic Milwaukee County Executive David Crowley say they want to lower health care costs and make care more accessible. But they’re offering different views on how to do that.
In Texas governor’s race, Abbott spends big to try to stay in office
Democratic challenger Gina Hinojosa has ramped up her fundraising.
Republican Hilton's ‘Just try it' ad courts liberals — and angers his own base
A suggestive campaign ad from California Republican governor candidate Steve Hilton pushes buttons; some conservatives say it goes too far.
Wisconsin governor candidates offer opposing plans to address rising health care costs
Republican U.S. Rep. Tom Tiffany and Democratic Milwaukee County Executive David Crowley say they want to lower health care costs and make care more accessible. But they’re offering different views…
Crowley says Black infant health is a priority; Tiffany silent
We asked David Crowley and Tom Tiffany how they would address Wisconsin’s Black infant mortality crisis if elected governor. Tiffany didn’t respond.
California governor condemns Trump's 'let 'em take Los Angeles' comments
By Steve Gorman LOS ANGELES, Oct 5 (Reuters) - California Governor Gavin Newsom has lashed out at President Donald Trump for remarks to a crowd of his supporters in Nebraska's farm belt suggesting
Dan Cox and Wes Moore face off in a governor debate Tuesday. Here’s what to know.
The hourlong debate will be prerecorded and broadcast on local news channels and radio stations and streamed online at The Banner at 7 p.m. Tuesday.
Democrats could win majority of governor’s offices for first time in 16 years
As the political prospects for Republicans worsen ahead of November’s midterm elections, the GOP is increasingly playing defense over its yearslong grip on state governments. That’s particularly true for gubernatorial elections, as Democrats could win a majority of governorships for the first time since 2010. Currently, Republicans boast a 26-24 gubernatorial advantage over Democrats. This […]
UMBC poll: Moore leads Cox by 27 points in Maryland governor's race
Gov. Wes Moore leads Republican Dan Cox 51% to 24% among Maryland likely voters, according to a new UMBC poll.
Hochul, Blakeman campaign in Erie County as governor’s race enters final month
With less than a month until Election Day, the race for New York governor ran through Western New York Monday.
Election Day nears without Senate, governor debate in Texas
No general election debates would be a dramatic departure from past Texas elections.
Wisconsin voters to decide limits on governor’s partial veto power
LA CROSSE, Wis. (WXOW) – Wisconsin voters will see three proposed constitutional amendments on their Nov. 3 ballot, including one dealing with the governor’s partial veto power.
DEEP DIVE: How Politics Is, and Is Not, Addressing Domestic Violence and Sexual Assault
In a conversation with U.S Senate candidate Peggy Flanagan last week with members of our young Future Forward editorial board, we talked about how powerful it is for four Minnesota women to be running for the two highest offices in the state — including Governor. We also talked about
New York declares first US measles disaster emergency since 2025 surge
New York Governor Kathy Hochul declared a statewide disaster emergency on Monday over a measles outbreak, the first such declaration by a U.S. state since cases began surging in 2025.
Hochul declares emergency over measles outbreak
The governor declared the state of an emergency in an executive order issued Monday, citing a growing number of cases.
Hochul declares emergency over measles outbreak
The governor declared the state of an emergency in an executive order issued Monday, citing a growing number of cases.
Ohio Democrats’ path to governor’s office runs through rural areas that have turned against party
Democrats say their nominee for governor in Ohio, Dr. Amy Acton, represents the party’s best chance in years to win that office.
Massachusetts Governor Urges No Vote on Cannabis Prohibition Measure
Gov. Maura Healey said she opposes Question 8, a ballot measure that aims to wipe out the state’s adult-use legalization laws.
Obama to campaign with El-Sayed in Detroit as ex-president gets more involved in midterms
Obama is upping involvement in the midterm election. He taped two dozen ads last week for Democratic candidates for governor and Senate that will be released in the coming days and weeks.
Your Vote 2026 Maine Calling candidate interview: Bobby Charles, Republican for governor
Maine Calling host Jennifer Rooks interviews Republican gubernatorial candidate Bobby Charles ahead of the November election.
'Here & Now' Highlights: Charles Franklin, Jason Stein
A month before the 2026 election, the Marquette Law School Poll shows candidates for governor neck-and-neck — poll director Charles Franklin explained where voters stand and why. Enrollment caps for ...
Governor Ivey Proclaims Alabama Girls in Sports Day -
MONTGOMERY – Governor Kay Ivey on Monday proclaimed Saturday, October 10, 2026, as Alabama Girls in Sports Day, recognizing the female athletes throughout the state and reaffirming Alabama’s commitment to ensuring women and girls have the right to participate, compete … Continued
Column: Becerra on cruise control, Hilton offers contrived fixes for California's problems
Look, Xavier Becerra could cruise to a South Pacific island and bask on the beach until election day and Californians would still choose him as their next governor.
Ohio Democrats’ path to the governor’s office runs through rural areas that had turned against them
Democrats say their nominee for governor in Ohio, Dr. Amy Acton, represents the party’s best chance in years to win that office.
Ohio Democrats’ path to the governor’s office runs through rural areas that had turned against them
Democrats say their nominee for governor in Ohio, Dr. Amy Acton, represents the party’s best chance in years to win that office.
Delta Health Center Receives Funding
Delta Health Center, Inc. has received four awards totaling $4,660,331.59 through the Mississippi Rural Health Transformation Program, a state initiative funded by the Centers for Medicare & Medicaid Services. Governor Tate Reeves announced the four RHTP awards on September 14, as part of 167 awards totaling more than $104 million statewide. The awards announced will […]
Delta Health Center Receives Funding
Delta Health Center, Inc. has received four awards totaling $4,660,331.59 through the Mississippi Rural Health Transformation Program, a state initiative funded by the Centers for Medicare & Medicaid Services. Governor Tate Reeves announced the four RHTP awards on September 14, as part of 167 awards totaling more than $104 million statewide. The awards announced will […]
Governor’s advisory council discusses Youth Risk Behavior Survey ahead of final policy recommendations
Gov. Stein's advisory council is finalizing recommendations on youth well-being before the legislature decides how to use Meta settlement funds.
A week of politics, preaching and personalities
Students at UW-Whitewater know what they’ll see as they walk across campus. A couple oversized squirrels in the grass, students shuffling from classes and, if you’re lucky, a few spaced out tables handing out fun prizes. But for students, the week of Sept. 28 looked a little different. As the 2026 Wisconsin governor’s race continues...
Gubernatorial candidate Byron Donalds speaks to FAMU for first townhall
The FAMU community gathered at Lee Hall to ask questions and hear from Byron Donalds, republican candidate for governor.
New Center Aims To Ease Political Discourse
National Governors Association CEO, Dr. Brandon Tatum, joined Ryan Schmelz on LiveNOW from FOX to discuss the Center for Dignity in Politics. The new center is working to promote civil discourse across the country and encourage bipartisan partnerships.
Crowley, Tiffany Offer Opposing Health Care Plans in Race for Governor
Affordability is an issue. Wisconsin's hospital prices among highest in the nation.
Christa Pike’s attorney calls on governor to commute her sentence: She’s been through ‘some really really bad’ torture
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
‘Let’s put together some incentives’: Spike welcomes Ferguson’s space council as chance to attract businesses
Explore how Governor Bob Ferguson's space council aims to boost Washington's business landscape.
Democrats Lead Governor Races Deep in Republican Territory, Polls Show
Democratic advantages in the races for governor in Texas, Iowa, Ohio and Alaska reflect deep unhappiness with President Trump and the economy. A Republican leads in Kansas.
How Roy Cooper became Democrats’ best chance to flip a Senate seat
The former North Carolina governor is running in a state that for decades has more often preferred Republicans for federal office.
Trump, campaigning in Ohio, says the midterms will bring a ‘big surprise’
The president rallied Saturday for Sen. Jon Husted, who faces a tough race against Democrat Sherrod Brown, and for Vivek Ramaswamy, the state’s GOP candidate for governor.
Latino Dems urge Democratic Governors Association to put money behind Gina Hinojosa as Texas governor's race tightens
Trump rallies in Ohio to boost Jon Husted in a tight Senate race against Sherrod Brown
Saturday's rally is just outside Dayton, Ohio, where he'll stump for key candidates in competitive races for the House, Senate and the governor’s mansion in Columbus.
How elections forecasters rank Florida races for governor, Congress
Tampa Bay is home to two of the country’s most competitive U.S. House races.
Governor candidate Bernadette Wilson has been sued repeatedly over unpaid bills, records show
Alaska judges have ordered the Republican candidate to pay thousands of dollars for overdue business and personal debts.
David Jolly clears $1M raised in a week with help of matching funds, but can't keep pace with Byron Donalds
It's now or never if national Democrats want to flip the Governor's Mansion.
Democrats dream of putting Florida back in play. Are they squandering their chance?
Democrats have struggled to compete in the state for years, but a surprisingly tight race for governor has their hopes up — despite a huge financial deficit.
Gov. Gordon will visit Jackson for mental health workshop
Gov. Mark Gordon is coming to Jackson next week to host a mental health workshop for the Western Governors’ Association.
South Korean official says Trump announcement on Alaska LNG went ‘far beyond what was agreed’
The governor and Republican incumbents in competitive U.S. Senate and House races said they expect South Korea to ultimately invest $54 billion. Some industry observers cast doubt on that prospect.
Politics Unplugged Podcast: Breaking down the Arizona Governor’s race with Howie Fischer
The dean of the Arizona capitol press corps, Howie Fischer, comes in to break down the Governor’s race. Then Dennis and Colin talk about the “redemption” of Deshaun Watson.
Politics Unusual: Governor's race, NY consent laws
In this episode of Politics Unusual, FOX 5 NY's political reporter Morgan McKay speaks with Nassau County Executive Bruce Blakeman about his campaign for the governor's office. Also, a conversation with NYS Assemblymember Catalina Cruz about New York's consent laws.
Governor Proclaims October 2026 Law Enforcement Appreciation Month
AUSTIN - Governor Greg Abbott proclaimed October 2026 as Law Enforcement Appreciation Month in Texas during a press conference at the Governor’s Mansion, honoring the brave men and women of law enforcement who serve and protect communities across the state.
The race for NH governor is heating up. Here’s what to know.
As this campaign enters the home stretch, the outcome may hinge on what voters find least distasteful.
Abbott ramps up attacks on Democratic challenger, Gina Hinojosa, as Texas governor’s race tightens
Gov. Greg Abbott is escalating attacks on Gina Hinojosa as some polls show a closer race and Republicans confront voter concerns about the economy.
Beshear, Calipari share the stage in Arkansas during KY governor’s book tour
The two discussed Gov. Andy Beshear’s veto of Senate Bill 150 in 2023.
$1 million state grant awarded to SFM Skatepark in Rome
The SFM Memorial Skatepark in Rome has been awarded a $1 million grant through the Dormitory Authority of the State of New York, which will help push forward Phase 2 of the project to include more amenities such as seating, landscaping and a modified access road, according to Governor Kathy Hochul.
Kathy Hochul doesn't have a political home in NY: Erin Maguire
Former Trump 2020 press director Erin Maguire reacts to Israeli PM Benjamin Netanyahu's warning over the Islamist Marxist alliance, Hasan Piker's political influence and New York Governor Kathy Hochul.
Report shows $1B Maine budget gap
The report comes as Republicans and Democrats battle for control of the Legislature and governor’s mansion.