AGP Executive Report
Last update: 11 hours agoBanking Deal: Hancock Whitney agreed to acquire Jackson-based Trustmark in an all-stock deal valued at about $3.2 billion. The combined bank would have $58 billion in assets, with the merger expected to close in early 2027. Colom’s Historic Win: Mississippi’s Scott Colom will become the state’s first Black U.S. senator since Reconstruction after defeating Cindy Hyde-Smith in a narrow race. Voting advocates say rising Black turnout reflects years of organizing, not just a midterm surge; Black voters cast an estimated 33% of ballots. Post-Election Politics: President Trump praised Colom for campaigning among Trump supporters at a rally in Corinth, despite attacking him during the race. State Auditor Shad White has also entered the 2027 governor’s contest. River Commerce: An aging inland barge fleet could raise grain shipping costs. CoBank projects the fleet will shrink about 17% by 2035, adding pressure on farmers and Mississippi River exports.
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