Tim Walz will not seek reelection as Minnesota governor

Tim Walz will not seek reelection as Minnesota governor

CNBCgeneral

Key Points:

  • Minnesota Governor Tim Walz announced he is dropping his bid for reelection, citing the need to focus on addressing a major fraud scandal in the state rather than campaigning.
  • Walz’s decision follows intense criticism over a $9 billion social services fraud scheme that emerged during his tenure, with a disproportionate number of those charged coming from the state's Somali community.
  • The scandal has sparked political fallout, including President Donald Trump's anti-Somali rhetoric and renewed attacks on Democratic Rep. Ilhan Omar.
  • Senator Amy Klobuchar is reportedly considering a gubernatorial run in Minnesota following Walz's withdrawal, with the two having discussed the situation recently.
  • The Trump administration has responded to the scandal by freezing all federal childcare payments to