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Joe Biden campaigns in Minnesota. Photo by Drew Angerer/Getty Images

Former Vice President Joe Biden has won Minnesota, a battleground state in the race for the presidency, AP projects.

Why it matters: Minnesota’s 10 electoral votes were on President Trump’s radar as a potential GOP pickup, despite Hillary Clinton winning the state by 1.5% in 2016. Biden had a lead of about 9% in the state the day before Election Day, according to FiveThirtyEight's average of polls.

What to watch: Incumbent Minnesota Sen. Tina Smith (D) is up for re-election against Republican challenger Rep. Jason Lewis.

Go deeper: Follow Axios' full live election coverage

Go deeper

Jan 29, 2021 - Axios Twin Cities

Scoop: Karin Housley weighing run for Minnesota governor

Karin Housley conceding her Senate race in 2018. Photo: Jerry Holt/Star Tribune via Getty Images

Former U.S. Senate candidate Karin Housley is the latest Republican to acknowledge she's considering a run against Minnesota Gov. Tim Walz next year.

What she's saying: "We're talking about it," Housley, a state senator from St. Mary's Point, confirmed to Axios. "We haven't completely ruled it out."

Dion Rabouin, author of Markets
34 mins ago - Economy & Business

The digital dollar is now high priority for the Fed

Illustration: Aïda Amer/Axios

The U.S. is starting to get serious about a central-bank-backed digital currency, with recent comments from top officials laying out the strongest support yet.

Driving the news: On Tuesday Fed chair Jerome Powell told Congress that developing a digital dollar is a "high priority project for us," but added that there are "significant technical and policy questions."

Dan Primack, author of Pro Rata
2 hours ago - Economy & Business

Coinbase files to go public

Illustration: Eniola Odetunde/Axios

Cryptocurrency exchange Coinbase on Thursday filed to go public via a $1 billion direct listing.

Why it matters: This comes in the midst of a crypto boom, and the listing may further legitimize the industry.