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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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The New Mexico Supreme Court has rejected a Republican challenge to a Democrat Congressional map which will redrawn boundaries to make the state's three Congressional districts more competitive.
- The Washington Post noted last month: "The high court’s ruling could influence which party represents the state’s 2nd Congressional District, where Democratic U.S. Rep. Gabe Vasquez is seeking a second term."
- FiveThirtyEight analysis shows that the new map erases a safe Democrat seat and a Republican-leaning seat. It is updated to include a Democrat-leaning seat and two competitive seats.
- In a normal House election cycle, minor shifts in Congressional maps are of marginal importance to overall control of the chamber. 2024, however, has higher stakes with the GOP defending a four-seat majority, which is likely to shrink to three in the coming weeks as Rep George Santos (R-NY) faces an expulsion vote.
- The Associated Press notes: "The district is one of about a dozen in the national spotlight as Republicans campaign to keep their slim U.S. House majority in 2024. Courts ruled recently in Alabama and Florida that Republican-led legislatures had unfairly diluted the voting power of Black residents. Legal challenges to congressional districts are also ongoing in Arkansas, Kentucky, Louisiana, South Carolina, Tennessee, Texas and Utah."
Figure 1: New Mexico Redistricting Changes
Source: FiveThirtyEight
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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