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Tennessee election finance board to subpoena members of Constitutional Republicans | Chattanooga Times Free Press

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Tennessee election finance board to subpoena members of Constitutional Republicans | Chattanooga Times Free Press

Dissatisfied with a Tennessee attorney general’s investigation, the Registry of Election Finance is set to subpoena members of two Constitutional Republican groups to have them explain how they operate without registering as a political action committee.

The registry board voted Tuesday to order members of the Tennessee and Sumner County Constitutional Republicans to answer questions about their political activity at an upcoming “show cause” hearing. A sworn complaint filed by Goodlettsville businessman Wes Duenkel in November accuses the groups of acting like a PAC by making expenditures for candidates or issues but refusing to register with the state.

Five people spoke to the state investigator, but three others declined.

Registry board Chair Hank Fincher said Tuesday, “If they’re not going to talk to us, they’re going to have to assert the Fifth Amendment,” the right to avoid self-incrimination.

Registry board members requested the attorney general’s office investigate the matter in February and in late June received the results. The report amounted to short interviews in which four members denied raising or spending money for candidates. The investigation did show the group’s Facebook page at one point offered a link to donate money. The group also vetted and supported candidates for local and state elections, in addition to holding breakfasts and other political gatherings.

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(READ MORE: Tennessee Senate incumbents face opponents calling them not conservative enough)

Co-founder Chris Spencer, who is challenging Republican Sen. Ferrell Haile, of Gallatin, in the Aug. 1 primary, caught the ire of some board members because he told the AG’s office investigator, after being asked about monthly meetings and refreshments, “I am done with questions. This is such a waste of time.”

Spencer declined to comment after Tuesday’s meeting.

Kurt Riley, another co-founder, claimed in his interview that breakfasts were free and that the sale of Tennessee Constitutional Republicans merchandise did not benefit candidates or the group’s platform. He also said the group was formed to pay for his travel and expertise.

The attorney general office’s investigation was accompanied by a letter from the deputy attorney general saying the office is not an “investigative agency” and doesn’t have the resources to conduct full-scale probes for the registry. The letter also said the registry, based on a new state law, could use other options for investigations if it is unsatisfied with the AG’s Office.

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(READ MORE: Sumner County, Tennessee, poised to scrap human resources department)

Fincher, a Democrat, said Tuesday he was “surprised” at Attorney General Jonathan Skrmetti’s “abdication” of statutory duties to investigate campaign finance issues. He noted the registry board opted to investigate matters itself and added that the board will be seeking more funding from the legislature to hire investigators.

Registry member Tom Lawless, who previously questioned the length of time it took the AG’s office to produce the report, challenged the quality of the investigation and called the AG’s action “repugnant” and “reprehensible.”

If subpoenaed members of the Constitutional Republicans decline to testify before the board, it could take “corrective actions,” Lawless said.

“Nobody is above the law, and they’re required to do certain things. And if they don’t do it, we’ll assist them with the maximum ability that we can,” Lawless added.

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The attorney general’s office has declined to respond to questions about the letter it sent to the registry with its investigation.

Read more at TennesseeLookout.com.

    “If they’re not going to talk to us, they’re going to have to assert the Fifth Amendment,” said Registry of Election Finance member Hank Fincher. (John Partipilo/Tennessee Lookout)
 
 
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Finance

Texas restaurants feel financial strain as costs continue to rise, report shows

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Texas restaurants feel financial strain as costs continue to rise, report shows

Texas restaurant operators are continuing to face mounting financial pressure as rising food and fuel costs impact businesses across the state, according to the latest quarterly economic report from the Texas Restaurant Association.

The association’s 2026 first-quarter report shows that many restaurant owners are struggling to keep up with increased operating expenses while trying to avoid passing those full costs on to customers.

“You know, what we’re seeing a lot of in Texas from these quarterly economic reports that we do is that food costs continue to rise,” said Texas Restaurant Association Chief Marketing Officer Tony Abroscato. “We all know that it’s up 35% since the pandemic. And so that’s an impact on our restaurant.”

According to the report, 77% of restaurant operators reported increased costs of goods, while 66% said suppliers have added fuel surcharges as gas prices continue to climb.

“We’re seeing that 90% of consumers start to adjust their habits based upon rising gas prices,” said Tony Abroscato. “Then also those gas prices impact the cost of food because everything is trucked and shipped and a variety of different things.”

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In addition to rising costs, labor shortages remain a major concern for restaurant owners. More than half of association members reported difficulties finding enough workers.

“You know, immigration is difficult and has had an impact on the restaurant industry, the farming industry, which again, then raises prices along the way,” said Abroscato.

Despite the financial challenges, the Texas Restaurant Association’s 2026 first-quarter report shows that Texas restaurants are only passing a portion of those increased costs on to customers while absorbing the rest through reduced profits.

Some restaurant owners have been making changes to adjust, like limiting menu items or even turning to QR code ordering, Abroscato said.

Copyright 2026 by KSAT – All rights reserved.

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Household savings, income and finances in Spain: how did they fare in 2025 and what can we expect for 2026?

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Household savings, income and finances in Spain: how did they fare in 2025 and what can we expect for 2026?

In 2025, GDI grew above the rate of average annual inflation (2.7%) and the growth in the number of households (1.3% according to the LFS), which allowed for a recovery in purchasing power. In this context, real household income has grown by 4.5% since before the pandemic, highlighting that households have continued to gain purchasing power in real terms.

The strong financial position of households is reflected not only in the high savings rate but also in their financial accounts. In this regard, households’ financial wealth continued to increase in 2025: their financial assets amounted to 3.4 trillion euros at the end of the year, versus 3.1 trillion at the end of 2024. This increase of 292 billion euros is broken down into a net acquisition of financial assets amounting to 95 billion, higher than the 21.5-billion average in the period 2015-2019, when interest rates were very low, and a revaluation effect of 194 billion. When breaking down the net acquisition of assets, we note that households invested 42 billion euros in equities and investment funds, just under 9.6 billion less than in deposits, while they disposed of debt securities worth 6 billion following the fall in interest rates.

On the other hand, households continued to deleverage in 2025, and by the end of the year their financial liabilities stood at 46.9% of GDP, compared to 47.8% in 2024, the lowest level since the end of 1998. This decline reflects the fact that, in 2025, households took advantage of the interest rate drop to prudently incur debt: net new borrowing amounted to 35 billion euros, representing an increase of 3.8%, which is lower than the nominal GDP growth of 5.8% and the GDI growth of 5.3%.

As a result of the increase in financial assets and the decrease in liabilities as a percentage of GDP, the net financial wealth of households recorded a notable increase of 7.3 points compared to 2024, reaching 156.8% of GDP.

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Fresno Mayor Jerry Dyer touts ‘strong financial outlook’ in city’s budget proposal

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Fresno Mayor Jerry Dyer touts ‘strong financial outlook’ in city’s budget proposal

FRESNO, Calif. (KFSN) — Mayor Jerry Dyer has unveiled his 2026- 2027 budget proposal at Fresno’s City Hall.

The overall budget total is $2.55 billion, with a majority of the funding going to public works, utilities, police and FAX.

The mayor also highlighted several investments, including a 10-year tree trimming cycle, the Homeless Assistance Response Team and an America 250 celebration.

Dyer says that despite some challenging circumstances, the City of Fresno’s long-term financial condition remains healthy.

“We’re pleased to say that based on increasing revenues and sound financial management, as well as a very healthy reserve, the city of Fresno has a strong financial outlook,” he said.

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Dyer’s office says the budget is a comprehensive financial plan that reflects the city’s ongoing commitment to the “One Fresno” vision.

Copyright © 2026 KFSN-TV. All Rights Reserved.

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