member Login

Minnesota Credit Union Network

  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 23
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy >
      • Advocacy Fund
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • GAC
    • Accelerate 23: Annual Conference
    • CEO Conference
    • Peer-to-Peer
    • Webinars
    • MnCUN Mobile App
    • Chapters
    • Committees >
      • Committee Applications
    • Trailblazers
    • Tristate Mentorship Match
    • The CREW
    • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • Elder Financial Abuse Prevention
    • CU FORWARD
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year >
        • Professional of the Year Form
        • Director of the Year Form
      • Marketing Awards
      • National Awards
  • About
    • About MnCUN >
      • Contact Us
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Impact Report
    • Partner with Us
    • CU Green
    • Health Savings Account Finder
  • Jobs
  • Solutions
    • Partner with Us
    • TruLync
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder >
      • CU Builder - Previous
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council
  • Advocacy
    • Advocacy Programs >
      • GAC
      • Impact 23
      • Hike the Hill
    • Grassroots Action Center >
      • GREAT
      • Grassroots Coordinator Program
      • Project Zip Code
    • Support CU Advocacy >
      • Advocacy Fund
    • Regulatory Affairs
    • Political Publications
  • Professional Development
    • Calendar >
      • Event Policies
    • GAC
    • Accelerate 23: Annual Conference
    • CEO Conference
    • Peer-to-Peer
    • Webinars
    • MnCUN Mobile App
    • Chapters
    • Committees >
      • Committee Applications
    • Trailblazers
    • Tristate Mentorship Match
    • The CREW
    • Women's Leadership Network
  • Member Resources
    • Online Member Tools
    • MN CU Employee Benefits Plan >
      • Benefits Plan | Requesting a Quote
      • Guardian Life
    • Compliance >
      • Compliance and Audit Services
      • Submit a Compliance Question
      • PolicyAid
      • Elder Financial Abuse Prevention
    • CU FORWARD
    • DEI >
      • CDFI Resources
    • News
    • Publications
    • The Pulse
    • Awareness Campaign
    • Awards >
      • Professional and Director of the Year >
        • Professional of the Year Form
        • Director of the Year Form
      • Marketing Awards
      • National Awards
  • About
    • About MnCUN >
      • Contact Us
      • Our Team
      • Board of Directors
    • About Credit Unions >
      • Impact Report
    • Partner with Us
    • CU Green
    • Health Savings Account Finder
  • Jobs
  • Solutions
    • Partner with Us
    • TruLync
  • Foundation
    • Capital Drive Village Financial
    • Contribute
    • Apply for a Grant >
      • DEI Grant Application
      • CUDE Grant Application
      • Financial & Audit Professional Grant Application
      • GAC Scholarship Application
      • Financial Education Grant Application
      • Professional Development Grant Application
      • Pandemic Relief Grants
    • Financial Education Resources
    • CU Builder >
      • CU Builder - Previous
    • Foundation Programs >
      • Enhanced FiCEP Program
    • CU4Kids
    • Scholarship Council

The Pulse

Governmental Affairs News: Preliminary Election Results

11/4/2020

 
While there are elections results still forthcoming and many races could still change as more votes are counted, here is the situation as it stands.

There are still millions of votes to be counted across several states so there is no winner to be announced in the Presidential race, but former Vice President Joe Biden has won the vote in Minnesota by about 8 points. Senator Tina Smith won her re-election bid against former U.S. Rep. Jason Lewis, with about 49% of the vote as it stands now. Nationally, the GOP appears to have held control of the Senate, though seats in Maine, Michigan and North Carolina remain to close to call.

The most notable result of the Congressional races saw longtime DFL incumbent Colin Peterson lose by about 13 points. Incumbent U.S. Representatives Hagedorn (CD-1 R) and Craig (CD-2 DFL) appear to have won their respective races by about three points, while Representatives Phillips, McCollum, Omar, Emmer and Stauber easily defeated their challengers. If the current results hold, the Minnesota Congressional contingent will be evenly split at 4-4 along party lines. The Democrats have held the U.S. House but have lost seats, trimming their majority by at least a handful of seats.

Prior to the election, the Minnesota state Senate had a 35-32 Republican majority. Currently, it appears that 2 DFL and 2 Republican-held seats have flipped, which keeps the GOP-controlled chamber at the same split. DFL incumbents Dan Sparks (SD 27) and Matt Little (SD 58) were unable to win re-election while GOP races in SD 44 (Open) and SD 56 (Dan Hall) came up short.

There are still many races with uncounted votes in the state House, but it appears that the DFL will retain control, albeit with a smaller majority Prior to the election, Democrats held a 75-57 majority. Democrat incumbents in 5A, 6A, 19A, 54A, 55A, 57A and 57B have all either lost or are currently trailing which would leave the DFL with a much slimmer 69-63 margin.

While the state of the race is still in flux, credit unions are well positioned going into the next legislative session in January. Many of our champions won their races and we still enjoy strong support on both sides of the aisle. We’ll have a more in-depth analysis during the Election and Recap Analysis webinar next week on Thursday, November 12 at 9 AM. If you haven’t yet, you can register online. 

Comments are closed.

    The Pulse

    The Pulse is MnCUN's newsletter that keeps credit union professionals and board members updated on current news and information. 

    ​The publication is delivered to credit unions weekly and offers timely and relevant credit union news, compliance updates and political information.

    You can subscribe to the Pulse by updating your subscriptions in the Member Portal

    Archives

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020

    Categories

    All
    Awareness
    Chapters
    COVID 19
    COVID-19
    Credit Unions In The News
    DEI
    Foundation
    Governmental Affairs
    Network News
    Products & Solutions
    Professional Development
    Regulatory & Compliance

    RSS Feed

Partner with Us
Contact Us
Request login credentials
About MnCUN
​
About Credit Unions
​CUNA
Picture
Copyright Minnesota Credit Union Network.  All Rights Reserved.
555 Wabasha Street North, Suite 200 |  Saint Paul, MN 55102
Phone: (651) 288-5170 | info@mncun.org | sitemap
If you are using a screen reader and are having problems using this website, please call (800) 477-1034 or email info@mncun.org for assistance.


Picture