
Why Kamala Harris could run for California governor and bypass another White House bid
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To run for governor, 'you have to have a burning 'Why?' ' Newsom said on the 'Next Up with Mark Halperin' podcast.
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'And if you can't enunciate that, the answer is 'No,'' Newsom added. 'Why the hell would you want this job?'
Here are some reasons why she might want it — and why she might not. Her office did not respond to requests for comment for this story.
Pro: She can skip a fractious 2028 primary
Harris would have to convince national Democrats that she's the face of the party's future, despite losing to President Donald Trump last fall. She's also tied to former President Joe Biden, whom Democrats are increasingly criticizing as new books drive further discussion about his age and physical and mental readiness during his time in office.
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The 2028 presidential contest is expected to attract a large field, likely to include Newsom. Any candidate will have to unify a fractious Democratic Party with low approval ratings and struggling to slow Trump's agenda in Washington.
Democratic consultant Bill Burton, who was national press secretary for former President Barack Obama's 2008 campaign, said Harris would enter a presidential primary with a proven fundraising network, strong recognition with voters and the experience of operating in a Trump-fueled media environment.
But the looming question for Democrats is likely to be, 'Who is the best person to stand up to the MAGA movement and exhibit a strength that is going to need to be really formidable?' Burton said.
Could Harris make that case? Some think her time has passed.
'She's had her chance,' Adam Green, co-founder of the Progressive Change Campaign Committee, said in a statement.
'Voters want authentic outsiders who will shake up our broken political system and challenge an economic status quo rigged for billionaires against working people,' Green added. 'That's why Kamala Harris lost, and it's why Democrats must turn elsewhere for leadership.'
Pro: California governor might be a safer bet
Harris calls herself a proud daughter of California, and after serving as vice president and in the Senate, she doesn't need to chase another title. That said, California is one of the world's largest economies by itself, and its governor becomes, by default, a national figure.
She would most likely run as a proven hand with the experience to lead California's tussles with Trump — the state is known as the epicenter of the so-called Trump resistance — while dealing with its many problems, among them homelessness and a punishing cost of living.
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In her San Francisco speech last month, she said the nation was witnessing a 'wholesale abandonment' of American ideals under Trump.
The contest to replace Newsom in California is crowded, with leading candidates including former US Representative Katie Porter, former Los Angeles Mayor Antonio Villaraigosa and former Biden administration health secretary Xavier Becerra.
It's expected that at least some of her rival Democrats would bow out rather than compete against her, including Porter, who in 2012 was appointed by then-attorney general Harris to be the state's independent bank monitor in a multibillion-dollar nationwide mortgage settlement.
Democratic consultant Roger Salazar, who was a delegate in the party's 2024 presidential convention, said Harris would stand better odds in a race for governor in her home state.
With multiple election wins in California, 'there is just more certainty,' Salazar said. 'I think she's got a leg up right now, but this race hasn't solidified' with the primary more than a year away.
Con: Will voters welcome her back?
How will voters view her? As a favorite daughter of California returning home? Or a two-time presidential also-ran looking for a soft landing?
Republican consultant Kevin Madden, who was a senior adviser to Mitt Romney's presidential campaigns in 2008 and 2012, was dubious about her chances in either race. It's unusual for a candidate to capture the presidency after two losses — Biden was one example.
As for governor, 'the California electorate is about as ideal as it gets for Harris, but nothing about her current electoral record indicates that primary or general election candidates should be scared off,' Madden added.
Con: She won't necessarily run against a Republican in November
Unlike many other states, California doesn't automatically advance a Democrat and a Republican to the November election.
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The state's open primary system has tormented many candidates — critics call it the 'jungle primary.' All candidates appear on a single ballot, regardless of party, and the top two vote-getters advance to the general election.
The system can lead to strategic gambles. Last year's US Senate race included three prominent Democrats — US Reps. Adam Schiff, Porter and Barbara Lee. Schiff ran TV ads in the primary that spotlighted Republican Steve Garvey, presumably a weaker contender in the general election than either of his Democratic rivals. Garvey ended up advancing to November, where he was soundly defeated by Schiff, who now holds the seat.
But Harris could come out of the June 2, 2026, primary facing a Democrat who ends up criticizing her in much the same way she'd have faced in a 2028 bid.
San Francisco-based Democratic consultant Eric Jaye recalled another Californian who, after losing a presidential race, sought to rebound in his home state: Richard Nixon. After being narrowly defeated in the 1960 election by then-Sen. John F. Kennedy, Nixon lost the 1962 race for California governor. (Of course, Nixon ended up winning the White House six years later.)
While Harris is a favorite with Democrats, a slice of the electorate has deeply negative views of her, Jaye noted. That doesn't leave her with many voters to gain, and the Democratic primary vote could be divided among multiple candidates.
'I don't think it's in any way guaranteed that she would win,' Jaye said. 'She's a highly polarizing figure.'
Con: Does she want to go to Sacramento?
Harris would be coming home to a long list of problems.
The homeless crisis is playing out daily on the streets of Los Angeles and other big cities. Newsom this month said the state is facing a $12 billion deficit and he wants to freeze enrollment in a state-funded health care program for immigrants living in California without legal status. There is a home insurance crisis and a continuing threat from destructive wildfires.
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And as the last election made clear, Republicans will attempt to saddle her — fairly or not — with her home state's reputation for confiscatory taxes, gas prices and utility bills, seven-figure home prices and liberal social policies.
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Goldman Sachs out this morning with a subdued outlook on the US consumer following Friday's lackluster jobs report. Good read on the consumer from the WSJ today, mirrors what Procter & Gamble's (PG) CEO told me on earnings day. Goldman's chief economist Jan Hatzius: "We expect the weakness in consumer spending to continue in the second half of the year and forecast 0.8% real spending growth in 2025H2. Our view is underpinned by the expectation of a sharp slowdown in real income growth from its elevated pace in 2025H1. Income growth will be hit in Q3 by the phasing out of the one-off 2025H1 government transfer payments and in Q4 by the Medicaid and SNAP benefit cuts included in the new fiscal bill, which will take effect in 2025Q4 and affect lower-income households in particular. We also see higher tariff-driven inflation to impose a drag on real income growth in the second half of the year. Finally, we expect weak job growth due to lower immigration, cuts in government and healthcare hiring, and a tariff-related decline in activity. We expect declines in both business and residential investment in the second half of the year." Swiss stocks decline on US tariffs, push for lower drug prices Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact from President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. Bloomberg News reports: Read more here. Swiss stocks took a hit on Monday as the market reopened after a holiday. Worries about the impact from President Trump's 39% export tariffs and a push for drugmakers to lower prices have caused tension in the market. Bloomberg News reports: Read more here. Gold steady with weak job data bolstering the precious metal Gold (GC=F) held gains after a two month run of positivity as weak jobs data gave another reason to look towards haven assets. Bloomberg reports: Read more here. Gold (GC=F) held gains after a two month run of positivity as weak jobs data gave another reason to look towards haven assets. Bloomberg reports: Read more here.
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- Yahoo
American Eagle stock surges after Trump weighs in on viral Sydney Sweeney ad
American Eagle (AEO) stock rose as much as 21% on Monday after President Trump waded into the discussion about the company's viral ad campaign featuring Sydney Sweeney. "Sydney Sweeney, a registered Republican, has the 'HOTTEST' ad out there," Trump wrote in a post on Truth Social, the social media platform he owns. "It's for American Eagle, and the jeans are 'flying off the shelves.' Go get 'em Sydney!" The campaign features a play on homophones — "Sydney Sweeney has great jeans" and "Sydney Sweeney has great genes" — that quickly generated controversy around the potential ambiguity of the ad's message. American Eagle responded to the accusations on Sunday in a post on its Instagram page: "'Sydney Sweeney has great jeans' is and always about the jeans. Her jeans. Her story." Read more about American Eagle's stock moves and today's market action. Shares of the retailer have been volatile since the ad campaign was rolled out in late July. Late last month, the stock was lumped in with other meme plays, a trade that has begun to fizzle out over the past week. Trump's post on Monday also alluded to recent advertising campaigns from companies including Jaguar and Bud Light, which saw both brands embroiled in controversies around messaging derided by critics as "woke." Last week, Jaguar Land Rover announced its CEO Adrian Mardell would step down from the top job after three decades with the company, attributing the move to Mardell's wish to retire. A successor has not yet been announced. "The tide has seriously turned — Being WOKE is for losers, being Republican is what you want to be," Trump wrote. Jake Conley is a breaking news reporter covering US equities for Yahoo Finance. Follow him on X at @byjakeconley or email him at Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Can Brandon Scott run again? Baltimore mayor to fundraise in Martha's Vineyard
BALTIMORE — Baltimore Mayor Brandon Scott will headline a major campaign fundraiser on Martha's Vineyard this month, suggesting he may try to run for a third mayoral term in 2028. An invitation to the Aug. 20 fundraiser in Oak Bluffs, Massachusetts, describes the event as 'a reception in support of' Scott. The online link to donate shows its purpose is to 'reelect' Charm City's mayor. To attend Scott's fundraiser, it will cost $250 to go as a 'Friend,' $500 as a 'Patron,' $1,000 as a 'Sponsor,' and $2,500 as a 'Host.' A group called 'People for Brandon M. Scott,' based at 1215 E. Fort Ave. in Baltimore, is accepting check donations. Scott's office did not immediately respond to The Baltimore Sun's questions about the cost of other city officials attending the fundraiser and what the mayor hopes to gain from soliciting donations on wealthy Martha's Vineyard. Maryland Gov. Wes Moore and Sen. Angela Alsobrooks visited the island for campaign fundraisers in 2022 and 2024, respectively. The fundraiser is coordinated by ActBlue, the major Democratic Party-aligned political action committee that President Donald Trump has threatened to investigate for alleged 'campaign finance violations.' The group raised nearly $800 million in the first half of 2025, according to federal campaign finance reports. Can Scott run in 2028? First elected in 2020 and reelected last year, Scott is eligible to run for a third term despite Baltimore voters approving Question K in 2022. This ballot initiative established a limit of two terms in a 12-year period for various city positions, including the mayor, comptroller, and all Baltimore City Council members. But because Question K rules did not take effect until 2024, Scott is currently serving his first term under the new system — meaning he could serve until 2032 and became the first Baltimore mayor since Kurt Schmoke to hold the job for 12 consecutive years. Scott has not formally announced his intent to run for a third term in 2028, but is expected to do so. Funds from his local campaign account could also be used to run for other positions in Maryland, but not for federal office. Like Scott, City Comptroller Bill Henry was first elected in 2020, reelected in 2024 and could win a third term in 2028. City Council President Zeke Cohen, who was first elected to that position in 2024, and freshman councilmen like District 11's Zac Blanchard, would not be eligible to run for a third term in 2032 — though they could try again in 2036. Scott's second term The first Baltimore mayor to be reelected since Martin O'Malley, Scott's second term has seen significant reductions in violent crime so far. Through July 2025, homicides in the city dropped by nearly one-quarter and shootings by nearly one-fifth compared to 2024 levels. Scott has credited his Group Violence Reduction Strategy with improving public safety, while others have also pointed to State's Attorney Ivan Bates' aggressive approach to prosecuting criminals. Scott's proposed budget for the 2026 fiscal year, which partially sought to close an $85 million deficit by raising various 'fines and fees' while boosting pay for top staffers, drew some criticism from some city leaders. Ultimately, the City Council passed the budget in a decisive 13-2 vote with most of the mayor's original proposals intact. Under Scott, Baltimore continues to grapple with an opioid crisis among the nation's worst — a problem made evident by last month's mass overdose in Penn North. The city is planning to put $400 million in settlements from pharmaceutical companies toward harm reduction efforts, a strategy that tries to meet drug addicts 'where they are' instead of forcing treatment or incarceration. _____ Solve the daily Crossword