Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Joe Raedle/Getty Images

At a Trump rally back in February in El Paso, Texas, the campaign saw an unexpected pattern in the attendee data — a large crowd of New Mexicans crossed the state line to be there.

  • "That was our first glimpse into the idea that there might be something happening," the Trump campaign's Tim Murtaugh told Axios.

Why it matters: Since then, New Mexico has become an unlikely target for the 2020 Trump campaign. It's the state with the highest percentage of Hispanics and Latinos (about 1 in 2 residents), and it's gone with Democrats in 6 of the last 7 general elections.

Reality check: Demographers and pollsters tell Axios it's highly unlikely Trump can win New Mexico's 5 electoral votes.

  • The state Latino population is overwhelmingly Democratic.
  • Major New Mexico cities are booming and moving left politically, while Republican strongholds are losing their share of the population.
  • Trump lost New Mexico in 2016, and his net approval rating has plummeted from +17 when he first took office to -13 as of July. The blue wave hit New Mexico hard in 2018.
  • America First — a prominent pro-Trump group — told Axios it doesn't have plans at this point to poll in New Mexico.

But it's an inexpensive bet to take for the RNC, given its relatively small population and centralized media, said Brian Sanderoff, president of Research & Polling Inc.

  • The state economy was one of the last to recover from the recession, but has been doing well for the past year and a half, Sanderoff said.
  • The state was untapped in 2016, RNC spokesperson Rick Gorka told Axios.
  • New Mexico Democrats tend to have more conservative views than other Democrats on religious freedom, LGBTQ+ rights and abortion, and there are signs of rising Latino support for Trump, Gorka and Murtaugh said. The Democrat-led state Senate voted to keep a law that criminalizes abortion.
  • The percentage of immigrants is lower than other border states such as California, Texas and Arizona, according to Census data.
  • Trump's immigration policy and rhetoric may resonate in eastern New Mexico, aka "Little Texas," said Gabriel Sanchez of the University of New Mexico.

Go deeper

Senate Armed Services chair dismisses Trump threat to veto defense bill

Sen. Jim Inhofe. Photo: Anna Moneymaker/Pool/AFP via Getty Images

Sen. Jim Inhofe (R-Okla.), chair of the Senate Armed Services Committee, told reporters Wednesday that he plans to move ahead with a crucial defense-spending bill without provisions that would eliminate tech industry protections, defying a veto threat from President Trump.

Why it matters: Inhofe's public rebuke signals that the Senate could have enough Republican backing to override a potential veto from Trump, who has demanded that the $740 billion National Defense Authorization Act repeal Section 230 of the Communications Decency Act.

Scoop: Uber in talks to sell air taxi business to Joby

Illustration: Sarah Grillo/Axios

Uber is in advanced talks to sell its Uber Elevate unit to Joby Aviation, Axios has learned from multiple sources. A deal could be announced later this month.

Between the lines: Uber Elevate was formed to develop a network of self-driving air taxis, but to date has been most notable for its annual conference devoted to the nascent industry.

Setting the Biden-era cybersecurity agenda

Illustration: Annelise Capossela/Axios

The Biden administration will face a wide array of cybersecurity challenges but can take meaningful action in at least five key areas, concludes a new report by the Aspen Cybersecurity Group.

Why it matters: Cybersecurity policy is a rare refuge from Washington's hyperpartisan dysfunction, as shown by the recent work of the bipartisan Cyberspace Solarium Commission. President-elect Joe Biden should have a real opportunity to make progress on shoring up the nation's cybersecurity and cyber capabilities without bumping up against a likely Republican-controlled Senate.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!