finance
Florida Governor DeSantis Signs New Congressional Redistricting Map
Florida Governor Ron DeSantis approved a new congressional map that takes effect immediately and could shift four Democratic-held districts to Republican control. In cryptocurrency markets, stablecoin inflows rose modestly by $173 million from April 27 to May 3, 2026, while trading volumes declined. Biotech firm Latus Bio secured $42 million to launch its first clinical trials.
MA
LO
Fox NewsAudio version
Tap play to generate a narrated version.
U.S. House delegation.
DeSantis announced the approval on X, posting "Signed, Sealed, and Delivered" alongside a photo of the new map. The redistricting, described by The Federalist as another racial gerrymander adjustment, aims to bolster Republican representation ahead of the midterms. Florida Politics reported that the map's immediate implementation positions it to influence upcoming elections without delay.
Fox News noted the potential for Republicans to expand their House edge through these changes. In cryptocurrency markets, trading activity cooled from April 27 to May 3, 2026, with decentralized exchange spot volume plunging about 20 percent and perpetuals trading volume declining, according to on-chain analytics firm Lookonchain.
Stablecoin inflows remained weak at $173 million over the period, matching the increase in the total stablecoin market capitalization.
45 million, with seven companies boosting their holdings. Bitmine, led by Tom Lee of Fundstrat, continued aggressive purchases by acquiring 101,745 Ethereum worth $238 million during the week. In contrast, Michael Saylor's Strategy paused its Bitcoin buys entirely, with Saylor stating that the firm did not add to its holdings this week, as reported by CoinDesk.
Biotech startup Latus Bio raised $42 million in funding to initiate its first clinical trials, focusing on gene therapy approaches that aim to avoid setbacks encountered by a more advanced competitor, STAT News reported. The funding supports efforts to advance treatments in a field marked by prior challenges.
Domka joined CBS News to share her experience, explaining how she and others found alternative ways home amid the disruption. Hawaii's legislative session ended without progress on regulating pesticide use, marking the 13th year of failed efforts and leaving communities with inadequate data and support for related health concerns, Honolulu Civil Beat reported.
