Paraguay bank collapse triggers Peña impeachment

Democrats secured key Senate and House seats in the 2026 midterms, with several high-profile victories reported.

4 stories450 sourcesUpdated Nov 7, 2026

In this storyline:Scott Colom Senate of Paraguay Congress of Paraguay Keisha Lance Bottoms Cindy Hyde-Smith Paraguay

Paraguay bank collapse triggers Peña impeachment — Photo: Presidencia de la República del Ecuador / Wikimedia Commons (Public domain)

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Key developments

Nov 7, 2026
Democrat Juliana Stratton won Illinois’ U.S. Senate race, defeating Republican Don Tracy.
Nov 7, 2026
Democrat Debbie Wasserman Schultz won Florida’s newly redrawn 20th Congressional District.
Nov 7, 2026
Democrats projected to win Wisconsin and Colorado governor races.
Nov 7, 2026
Democrat Jessica Killin defeated Republican incumbent Jeff Crank to flip Colorado’s 5th Congressional District.
Nov 7, 2026
Democrats made sweeping midterm gains, taking control of both chambers of Congress.

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Stories in this storyline

World

Paraguay Opposition Seeks Peña Impeachment Over Ueno Collapse

Ueno Bank entered resolution Nov. 3, 2026, freezing accounts for nearly 3 million customers (~60% of adults) as 35 lawmakers moved to impeach Peña.

229 sources

World

Paraguay Senate Impeaches Peña 44-0 Over Bank Allegations

Paraguayan President Santiago Peña resigned as Ueno Bank’s collapse and frozen customer deposits triggered public protests and an impeachment push in Congress. Peña apologized and said ensuring depositors recover their savings was a priority.

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Colom Leads Mississippi Senate Race Amid Ballot Fight

Democrat Scott Colom narrowly leads Republican Sen. Cindy Hyde-Smith in Mississippi’s still-undecided Senate race, with thousands of absentee and provisional ballots left to count and both campaigns preparing for possible legal challenges; the state has no automatic or candidate-requested recount. A Colom victory would make him Mississippi’s first Black U.S. senator since Reconstruction, and he has called for expanded early voting, an Election Day holiday and an end to partisan gerrymandering.

6 sources

Politics

Bottoms names King to lead Georgia transition team with Perry, Blank

Georgia Gov.-elect Keisha Lance Bottoms named John King to lead her Georgia’s Promise transition team, with business, political and civic figures including Tyler Perry, Arthur Blank and Rosalind Brewer serving as co-chairs. Bottoms said Gov. Brian Kemp offered support for an orderly handoff, and her team will prepare for January while focusing on affordability, health care and public education.

22 sources