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Photo: Brandon Dill/Getty Images

Republican Lt. Gov. Tate Reeves overcame a tough challenge from Democratic Attorney General Jim Hood to be elected Mississippi’s governor late Tuesday, AP reports.

The big picture: Both Hood and Reeves seemed within striking distance of the seat leading up to Tuesday's vote in the traditionally red state.

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Between the lines: A Jim Crow-era law requires a candidate to win the majority of the popular vote and the majority of the state's 122 state house districts to secure the governorship.

  • A Democrat has not held the gubernatorial seat since 1999.

Go deeper:

Go deeper

Dan Primack, author of Pro Rata
15 mins ago - Politics & Policy

Biden starts negotiating to raise capital gains tax rate

Illustration: Aïda Amer/Axios

President Biden wants to nearly double the capital gains tax paid by wealthy Americans, as first reported yesterday by Bloomberg and confirmed by Axios.

Counterintuitive: Biden's plan is better for private fund managers (hedge, PE, VC, etc.) than what he proposed during the campaign.

Scoop: Caitlyn Jenner makes it official for California governor

Caitlyn Jenner. Photo: Paul Archuleta/Getty Images

Former Olympic decathlete and reality TV star Caitlyn Jenner has filed her initial paperwork to run for governor of California and will officially announce her bid later today, her campaign tells Axios.

The big picture: Jenner, a longtime Republican, is seeking to replace Democratic Gov. Gavin Newsom in a recall election, hoping her celebrity status and name recognition can yield an upset in the nation's most populous state.

Kendall Baker, author of Sports
1 hour ago - Sports

New laws, new rules bring big changes to college sports

Illustration: Sarah Grillo/Axios

The college sports landscape could change more in the next six months than it has in the last 50 years, as the NCAA grapples with new competition, new laws and new rules.

How it works... 1. Startup leagues: Investors are flocking to new leagues that aim to compete with the NCAA, evidence of just how much opposition there is to the amateurism model — and how much belief there is in new ones.