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Market Impact: 0.12
New Jersey Governor Sherrill Calls for Her Lieutenant to Resign
Source: Bloomberg
Elections & Domestic PoliticsManagement & GovernanceLegal & Litigation
New Jersey Governor Mikie Sherrill called for Lieutenant Governor Dale Caldwell’s resignation after an independent investigation found sexual harassment and repeated violations of state ethics rules. The allegations create a significant state-government governance and political risk, but are unlikely to have material broad market implications.
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