Republican Resistance Litigation
−0.3%
Texas Republicans pivot from Abbott’s concession to institutional resistance, using the legislature, courts, and statewide offices to constrain the incoming governor. The result is not a constitutional crisis, but it raises policy uncertainty for Texas-regulated sectors.
What it moves
- Utilities−0.4%
- Finance−0.3%
- Market volatility
- Riskier companies' borrowing costs
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