House redistricting plan would overhaul North, Central Florida districts
The House Redistricting Committee voted 15-9 to advance to the full House a pair of revised congressional maps that Democrats and other critics said fall short of requirements under a 2010 “Fair Districts” constitutional amendment.
Trump wins Florida; voters raise minimum wage to $15
— District 3: Republican Kat Cammack has won Florida’s U.S. House seat held by her former boss, retiring Florida Republican Rep. Ted Yoho. He defeated Democrat Donna Deegan, a former television news anchor who has worked to raise money for breast cancer research and to help patients. — District 15: Republican Scott Franklin has won Florida Rep. Ross Spano’s seat in the U.S. House. Deutch was first elected in 2010 and represents a firmly Democratic district that includes parts of Broward and Palm Beach counties. A supermajority of Florida voters approved the amendment to the Florida Constitution that will raise Florida’s minimum wage from the current $8.56 an hour to $15 an hour by 2026.
Too risky? Fed pressed to expand aid to some businesses
Lawmakers are pressing the central bank to deliver more aid to struggling small and mid-sized businesses. And now many lawmakers are asking the Fed to expand its lending to small and medium-sized businesses, by allowing companies to offer assets such as commercial properties as collateral. The decision is on the doorstep of Fed Chairman Jay Powell and Steven Mnuchin, the Trump administrations treasury secretary. Its risky because it can be hard for the Fed to accurately appraise assets right now, he told The Associated Press. If it makes riskier loans, the Fed may be seen as propping up teetering zombie businesses that could default on payments.