Pragmatic Divided Government
+0.1%
Hinojosa enters office facing a Republican-controlled Texas Senate and a narrowly divided or GOP-leaning House, making incremental deals more likely than sweeping policy change. The immediate focus is likely grid reliability, property taxes, public schools, and border funding oversight rather than a rapid reversal of Abbott-era laws.
What it moves
- Utilities+0.2%
- Finance+0.1%
- Market volatility
- Riskier companies' borrowing costs
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