Former Treasury Secretary Lawrence Summers “dismissed the idea of the government setting up a reserve of Bitcoin assets, and cautioned about the political challenge ahead in scaling down federal spending in the way billionaire and President-elect Donald Trump ally Elon Musk plans,” Bloomberg reports.
Said Summers: “Some of what is being said — this idea that we should have some kind of national Bitcoin reserve — is crazy.
“Just weeks after winning reelection to her House seat, Rep. Nancy Mace is already looking at a statewide bid in 2026,” NOTUS reports.
“The sources said Mace has been discussing two positions: South Carolina governor or a Senate race. (Sen. Lindsey Graham is up for reelection in 2026.)”
“But three of the sources said Mace is particularly looking at the governor’s seat, which Henry McMaster has held since 2017 when he replaced Nikki Haley after she was appointed to be Donald Trump’s ambassador to the United Nations.
Just for members: The latest edition of Inside Elections.
This issue takes a look at how pre-election expectations matched — or didn’t match — the final results. It also includes analysis of which states have shifted the most toward Republicans and Democrats over the last two and 10 years.
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