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Photo by Joe Raedle/Getty Images

Presidential hopeful and South Bend, Indiana, Mayor Pete Buttigieg has soared to the top of the latest Des Moines Register/CNN/Mediacom Iowa Poll of 2020 Democratic candidates, released Saturday evening.

The big picture: He's the first choice for 25% of Democratic caucus-goers polled in the latest survey — with a 9-point lead over his closest rival, Sen. Elizabeth Warren. Buttigieg also topped a Monmouth University poll released Tuesday, where he's the favored candidate among 22% of those surveyed.

Between the lines: Buttigieg's surge comes on the back of significant "investment of time and money in Iowa," reports CNN, which notes that he's spent the past few months building "one of the largest on-the-ground operations in the state, supplemented by a robust advertising campaign and strong public appearances."

Worth noting: While former Vice President Joe Biden has continued to slip in the poll that he thrice led at the start of the 2020 caucus cycle, he's still regarded by those surveyed as the candidate who's "almost certain to beat" President Trump (25%).

By the numbers: The results from Des Moines Register/CNN/Mediacom Iowa Poll:

  • Buttigieg: 25%
  • Warren: 16%
  • Biden: 15%
  • Sen. Bernie Sanders: 15%
  • Sen. Amy Klobuchar: 6%
  • Sen. Cory Booker: 3%
  • Rep. Tulsi Gabbard: 3%
  • Sen. Kamala Harris: 3%
  • Tom Steyer: 3%
  • Entrepreneur Andrew Yang: 3%
  • Former New York City Mayor Mike Bloomberg: 2%
  • All other candidates received 1% or less

Read the full poll results:

Go deeper: Pete Buttigieg on the issues, in under 500 words

Editor's note: This article has been updated with new details throughout.

Go deeper

Biden to meet with U.S. financial regulators on Monday

Photo: Drew Angerer via Getty Images

President Biden will meet with financial regulators on Monday.

Driving the news: "The meeting will cover regulatory priorities including climate-related financial risk and agency actions to promote financial inclusion and to responsibly increase access to credit," said press secretary Jen Psaki, according to a press pool report.

Updated 3 hours ago - Economy & Business

The next worker fight: Time off for Juneteenth

Illustration: Annelise Capossela/Axios

Who gets paid time off to celebrate Juneteenth in the years to come will be uneven and complicated, if history is any guide.

Why it matters: Corporate America hasn't grappled with a new federal holiday since Martin Luther King Jr. Day was authorized almost 40 years ago. How they responded took years to evolve.