logo
Ohio Lt. Gov. Jim Tressel confirms he's considering a run for governor

Ohio Lt. Gov. Jim Tressel confirms he's considering a run for governor

Yahoo09-05-2025

CLEVELAND — Ohio Lt. Gov. Jim Tressel, a Republican and a former Ohio State football coach, confirmed Thursday that he is considering a run for governor in 2026.
Tressel, who previously said he was not thinking about a bid but stopped short of ruling one out, indicated in a statement first shared with NBC News that his thinking has changed.
'What has been a surprise, and it has been humbling, is how many people are encouraging me to run for Governor,' Tressel said in the statement, after emphasizing how much he was enjoying his current job.
'I have not decided yet, but when I became Lieutenant Governor in February, Ellen told me that it seemed like God had more work for me to do, and she was right,' Tressel added, referring to his wife. 'While I have not ruled out a run for Governor — and there will be a time in the future for those conversations — for now, I will remain focused on helping Ohioans get off the sidelines and into our workforce so they can reach their full potential.'Tressel's statement came ahead of a meeting Friday at which the Ohio Republican Party's state central committee will consider issuing an early endorsement for the May 2026 primary.
Allies of Vivek Ramaswamy, a biotech entrepreneur whose candidacy for governor is backed by President Donald Trump and Vice President JD Vance, are pushing hard to win the endorsement over state Attorney General Dave Yost. But term-limited Gov. Mike DeWine has been calling committee members urging them to hold off, citing the possibility that other candidates could jump in the race, NBC News reported this week.
DeWine's effort has been viewed by many party insiders as a move to keep the state party from committing advertising and organizational resources to Ramaswamy before Tressel makes a decision. The governor picked Tressel to be his deputy less than three months ago, immediately triggering speculation that he was grooming him for even higher office.
'I think he would like to forestall an endorsement taking place, because I think he would like to see if he can convince Jim Tressel to run for governor,' one Republican leader in the state said of DeWine this week.
DeWine chose Tressel in February after he appointed his previous lieutenant governor, Jon Husted, to fill the Senate vacancy Vance left when he became vice president. In a statement Tuesday, DeWine stressed that it is too soon to take sides in the race to succeed him.
'As far as who I endorse in the Republican primary for Governor, it is much too early, as we do not even know who all will be in the race,' he said. 'We are now 364 days away from the primary and 293 days away from the filing deadline. In politics, this is a lifetime!'
Tressel, 72, won multiple national championships as a college football coach, first guiding the lower-division Youngstown State Penguins to four titles in the 1990s before jumping to the Big Ten and winning the 2002 national championship with the Ohio State Buckeyes in his second year as head coach there. He resigned from Ohio State in 2011 with the football program mired in controversy and an NCAA investigation involving players selling memorabilia to a tattoo parlor.
Public and internal polling has shown Ramaswamy, 39, with a sizable lead over both Yost and Tressel. An outside group supportive of Ramaswamy has already spent millions to amplify Trump's endorsement in TV ads. And Vance has directed some of his top political advisers to help steer Ramaswamy's campaign.
Donald Trump Jr. urged state central committee members Wednesday to ratify his father's choice, while conceding that 'early endorsements aren't the norm.'
'We have a country to save, and we don't have any time or money to waste,' Trump Jr. wrote in a post on X. 'President Trump endorsed Vivek, in one of his very first 2026 endorsements, for a reason: We need Vivek in Ohio, and Ohio needs Vivek as its Governor.'
On the Democratic side, Dr. Amy Acton, who was DeWine's health director in the early days of the Covid pandemic, has launched a campaign for governor. Former Sen. Sherrod Brown, who lost his Senate seat last year, and former Rep. Tim Ryan, who lost to Vance in the 2022 Senate race, are among the other Democrats considering running.
Democrats have not won the governorship in Ohio since 2006, and the state has leaned even further to the right in recent cycles, with Trump winning by comfortable margins in all three of his presidential campaigns.
This article was originally published on NBCNews.com

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Crisis Averted—But What Was The Section 899 Revenge Tax Proposal?
Crisis Averted—But What Was The Section 899 Revenge Tax Proposal?

Forbes

time26 minutes ago

  • Forbes

Crisis Averted—But What Was The Section 899 Revenge Tax Proposal?

WASHINGTON, DC - APRIL 23: U.S. Treasury Secretary Scott Bessent delivers remarks during the ... More International Finance Institute Global Outlook Forum at the Willard InterContinental Washington on April 23, 2025 in Washington, DC. The forum is being held alongside the 2025 spring meetings of the World Bank Group (WBG) and International Monetary Fund (IMF). (Photo by) There are myriad ways to express displeasure with international tax policy: you can file a complaint at the Organisation for Economic Co-operation and Development (OECD), leverage a charm offensive, or, if you're looking for a quick fix, you can slap a retaliatory tax on foreign investors, spook the market, and call it a day. The Trump administration opted for the latter—albeit briefly—with the seemingly now-defunct Section 899 provision, branded by some as the 'revenge tax.' This provision, tucked into the One Big Beautiful Bill Act, levied a targeted tax meant to punish countries that impose 'discriminatory' taxes on American firms – particularly tech giants. Now however, after some handshakes and a flurry of posts on social media, it seems the revenge tax has been scrapped. Quietly scuttled, its political usefulness exhausted—for now. What Was the Section 899 'Revenge Tax?' At its core, Section 899 was a legislative jab aimed squarely at America's trading partners. Buried in the GOP's sweeping policy bill, the provision would have authorized the U.S. to impose punitive taxes on companies headquartered in countries that were, in the view of the Trump administration, treating American firms unfairly. The sweeping new section of the tax code would have been titled 'Enforcement of Remedies Against Unfair Foreign Taxes'—not exactly a subtle start. Section 899 didn't go after governments that it felt had treated U.S. firms unfairly, but instead targeted people and businesses with ties to 'discriminatory foreign countries.' That included foreign individuals, corporations not majority-owned by U.S. persons, private foundations and trusts, and just about any other foreign partnership or structure that Treasury didn't like the looks of. The goal was clear: foreign investors from offending jurisdictions were going to be made to feel real economic pain. The core mechanism was an annual ratcheting-up of tax rates by 5% on the U.S. income of 'applicable persons' – everything from dividends and royalties to capital gains and even real estate sales. Exceptions were few – the legislation even explicitly overrode Section 892, which exempts sovereign wealth funds from taxation. The triggering mechanism for the tax was any broadly-defined 'unfair foreign tax,' which included the Undertaxed Profits Rule from OECD's Pillar 2, Digital Services Taxes (DSTs), and any other tax Treasury later deemed discriminatory or deliberately burdensome to U.S. persons. In sum, it would have been sweeping. If passed, Section 899 would have been a weaponization of the tax code into a tool of transparent foreign policy enforcement. It would have marked a sea change in international tax policy, shifting tax rates away from economics and towards the punishment of deemed foreign policy sins. What Prompted this 'Revenge?' Likely the most salient policy shift that triggered this revenge tax was the OECD's Pillar 2. Championed by the Biden administration, Pillar 2 aims to impose a 15% global minimum tax on the profits of multinationals—regardless of where they are headquartered or what markets they serve. On paper, it was intended to end the race to the bottom of low-tax jurisdictions; in practice, it creates a complex web of policies and enforcement rules that can allow foreign governments to tax U.S. companies in situations where the U.S. does not. The Undertaxed Profits Rule allows other countries to claim the ability to tax if a company's home jurisdiction does not sufficiently tax its own domestic entities. Think of it as a foreign state saying, well, if you aren't going to tax your companies at 15%, we'll gladly make up the difference for you. To the Trump administration, this was unacceptable—a path to the European Union skimming revenue from American companies. The final straw was likely the imposition of DSTs—levies aimed at the revenue of tech giants like Meta and Google, often imposed by European countries that have grown tired of waiting for the U.S. to sign on to Pillar 2. Of course, countries considering and ultimately passing DSTs were merely exercising their right to tax American companies selling into their markets—but that is neither here nor there. Why Section 899 Was a Problem—And Why It Died For all its bluster, Section 899 had one main flaw: it was bad policy masquerading as tough politics. From the moment the bill hit the docket, or more accurately folks found it swimming around in the One Big Beautiful Bill Act, alarms went off across the market. As it turns out, foreign investment doesn't like uncertainty. Section 899 would have injected a lot of uncertainty into the foreign investment market. The tax hikes weren't automatic, and there was no schedule that could be consulted by any one individual state; they turned on vague determinations like what was and wasn't an 'unfair tax.' Treasury could label a state a discriminatory foreign country based on opaque criteria and ramp up rates immediately—all without Congress lifting a finger. As is to be expected, trade groups warned of chilling effects on capital markets. Foreign governments viewed it as a backdoor sanctions regime. So it died – not with a bang, but with a post. Scott Bessent publicly called for the provision's removal, citing diplomatic progress. The death of the Revenge Tax doesn't mean this particular international tax skirmish is over, however, only that the battle was paused temporarily in favor of diplomacy. If global talks stall, or DSTs raise their heads again, no one should be surprised if a future Congress pulls out this playbook again.

Cuomo will stay in NYC mayor's race after conceding Democratic primary to Mamdani, CNN has learned
Cuomo will stay in NYC mayor's race after conceding Democratic primary to Mamdani, CNN has learned

CNN

time33 minutes ago

  • CNN

Cuomo will stay in NYC mayor's race after conceding Democratic primary to Mamdani, CNN has learned

Andrew Cuomo will not drop out of the New York City mayoral race by the Friday deadline to remove himself from the general election ballot, sources tell CNN. That leaves in place contingency plans he had established before the Democratic primary to challenge Zohran Mamdani and incumbent Mayor Eric Adams in November. The former New York governor, who quickly conceded the Democratic primary race on Tuesday night to Mamdani, has not fully committed to running an active campaign through the summer and fall. But Cuomo will keep the place he already secured on the 'Fight & Deliver' ballot line for the November election, three sources say. Cuomo is calculating that the full city's electorate would be significantly different from Democratic primary voters who were energized by Mamdani's focus on affordability and his campaign's online videos. His camp also believes Mamdani and his policy ideas, from a rent freeze to city-operated grocery stores, will receive increased scrutiny now that Mamdani is positioned to secure a Democratic primary win once ranked-choice votes are allocated next week. Notably, New York Gov. Kathy Hochul as well as Senate Minority Leader Chuck Schumer and House Minority Leader Hakeem Jeffries have praised Mamdani since Tuesday but declined to endorse him. And two House Democrats from swing districts in the New York suburbs criticized him after Tuesday's results put him in position to win the primary, while Republicans have sharply criticized Mamdani and tried to tie national Democrats to him. Mamdani is poised to face Adams, who opted out of this year's Democratic primary and is running as an independent himself, as well as Republican Curtis Sliwa. Cuomo staying on the November ballot leaves the door open for the former governor to resume his bid for a political comeback, four years after he resigned amid allegations of sexual harassment that he has denied. Cuomo was long considered the front-runner in the mayoral race but faced progressive anger over the sexual harassment cases as well as his handling of the Covid-19 pandemic while mayor, driving much of the liberal enthusiasm for Mamdani. Cuomo's bet would be that he could become a safe harbor for moderates and progressives concerned about Mamdani, a 33-year-old democratic socialist, or Adams, who was indicted on federal bribery charges before President Donald Trump's administration dismissed them contingent on Adams' cooperation with immigration enforcement. He could also keep his ballot line without campaigning, as he did in 2002 when he dropped a Democratic primary bid for governor but remained on the ballot as the Liberal Party candidate. For now, however, Cuomo has not set a timetable for making a final decision on whether to actively campaign or when to re-launch a prospective campaign. 'There's no clock ticking,' one source said.

Kentucky Senate hopeful Nate Morris pledges his loyalty to President Trump
Kentucky Senate hopeful Nate Morris pledges his loyalty to President Trump

Associated Press

time34 minutes ago

  • Associated Press

Kentucky Senate hopeful Nate Morris pledges his loyalty to President Trump

LOUISVILLE, Ky. (AP) — Republican businessman Nate Morris entered Kentucky's competitive campaign Thursday to succeed longtime Senate power broker Mitch McConnell, branding himself as a political outsider and loyal supporter of President Donald Trump's MAGA movement. Morris joins U.S. Rep. Andy Barr and ex-state Attorney General Daniel Cameron as GOP heavyweights vying for their party's nomination next spring in the Republican-leaning Bluegrass State. He said his campaign would become a referendum on McConnell's Senate record, and he tried to link his two Republican rivals to the longtime senator, though Morris has his own past ties to McConnell. 'You have two McConnellites who owe everything to Mitch McConnell versus the outside business guy that's running as the MAGA candidate,' Morris said in a campaign release. 'I think that contrast is gonna be very, very striking to Kentuckians all over the state because they've had enough of Mitch.' Morris joins the Senate race with far less name recognition than his main rivals but has his own advantage — he can tap into personal wealth he accumulated as a tech entrepreneur to unleash an advertising blitz to make himself more of a household name in the coming months. He staked out a hard line on immigration in announcing his candidacy. He said he supports a moratorium on immigration into the United States until every immigrant currently in the country illegally is deported. The GOP contenders are following the same playbook — lavishing praise on Trump in hopes of landing the president's prized endorsement — seen as potentially decisive in determining who wins the primary. Morris hopes to connect with Kentuckians by touting his family's blue-collar roots, plus his staunch support for Trump in a state where Trump dominated the past three presidential elections. Morris — a ninth-generation Kentuckian with family ties to Appalachia — was raised in a union household by a single mother and attended public schools, his campaign bio said. Many of his relatives worked at an auto plant, including his grandfather, who headed the local auto union, it said. 'I have been able to live the American dream because of how great this country is,' Morris said. Morris founded Rubicon, one of the country's largest waste and recycling companies. Starting with a $10,000 line of credit, Morris served as CEO for more than 12 years, growing the company to nearly $700 million in annual revenue while creating hundreds of jobs, the bio said. The company later ran into financial difficulties, which could provide fodder for Morris' rivals. Barr's campaign immediately went on the attack, questioning Morris' authenticity by pointing to a campaign donation it says Morris gave to Nikki Haley, a Trump campaign rival in 2024. And Barr's team claimed Morris championed diversity initiatives as a businessman, contrary to Trump's policies. 'Nate Morris is pretending to be MAGA now, but he can't run from all the liberal trash in his past,' Barr's campaign said Thursday in a statement. 'Kentucky conservatives won't fall for this fraud.' The wide-open race was set in motion when McConnell — the longest-serving Senate party leader in U.S. history — announced in February, on his 83rd birthday, that he wouldn't seek reelection in 2026 and will retire when his current term ends. His departure will end an era in Bluegrass State politics. Through the decades, McConnell ensured that his home state received plenty of federal funding. Back home, he was a key architect in his party's rise to power in a state once dominated by Democrats. But McConnell has drawn criticism from fellow Republicans wanting to succeed him as they jockey for support from Trump and his supporters. Morris' attacks on McConnell were by far the most caustic, blasting the senator earlier this year for opposing a handful of Trump's nominations. All three leading GOP contenders, however, have ties to the venerable Kentuckian. Cameron is a former McConnell aide and the senator helped launch Cameron's political career. Barr has referred to the senator as a mentor and Morris worked as an intern in McConnell's office. The state's two Democrats holding statewide office — Gov. Andy Beshear and Lt. Gov. Jacqueline Coleman — have both said they will not enter the Senate race. Beshear is seen as a potential presidential candidate in 2028, while Coleman is viewed by many as a looming candidate for governor in 2027. A top legislative Democrat, state House Minority Floor Leader Pamela Stevenson, is seeking the Senate seat. Kentucky hasn't elected a Democrat to the Senate since Wendell Ford in 1992. ___

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store