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GOVERNMENT & PUBLIC FINANCES31 OCT 2026 · 05:00

Democrats try to win back South Texas' Latino vote ahead of US midterm elections

Party seeks to reverse Trump's defeat in four counties in the valley, a region with a Latino majority and Democratic tradition, betting on the economy and fears about immigration measures

BY THE X-TRADER NEWS NEWSROOM · REPORTING FROM EXAME · 2 MIN

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Democrats want to win back the Latino electorate of South Texas in the United States legislative elections, scheduled for November 3. According to Exame, the party is trying to recover an area that was decisive for the result of the last presidential contest.

In 2024, Donald Trump won the four counties in the valley, in the extreme south of the state. The region has a Latino majority and a Democratic tradition, which makes the result a sign of a change in electoral behavior in a territory that used to lean towards the party, according to what Exame found.

To try to turn this game around, Democrats are focusing on two themes: the economic difficulties faced by families and the fear caused by measures linked to migration policy. The report highlights that the strategy directly targets voters who have felt the impact of these issues on a daily basis.

Recent surveys cited by Exame indicate dissatisfaction with the economy and the Trump administration. This public mood offers the Democratic campaign an argument that goes beyond the region and can be replicated in other states with a similar profile.

What is at stake is the party's ability to reverse losses in an electorate that historically supported it. For Republicans, maintaining gains in areas like the Rio Grande Valley would demonstrate that the Latino base does not move automatically.

What changes for the investor

Legislative elections can change the balance of forces in Washington and, with it, the pace of decisions on spending, taxes and rules that affect companies and markets. If the economy continues to be the government's main source of stress, the result could influence the perception of risk regarding American economic policy, with possible impacts on interest rates, the dollar and the appetite for risky assets, such as the Nasdaq. The concrete effect depends on factors that the report does not detail, and the scenario is still uncertain.

Automatically translated from Portuguese.

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