Debt Desk — Debt Desk — November 12, 2026: Election Aftershocks and Fresh Capital Across the Stack
Good morning. It is Thursday, November twelfth.
We begin with the national brief.
Democrat Scott Colom has won the U.S. Senate race in Mississippi, becoming the state’s first Black senator since Reconstruction and giving Democrats fifty-five seats in the next Congress. The Associated Press called the race Wednesday evening after a new batch of votes from Jackson County left Republican incumbent Cindy Hyde-Smith without a realistic path back. She later conceded.
Colom’s margin was narrow, about forty-seven hundred votes out of more than nine hundred sixty-two thousand counted when the race was…
The skinny
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