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McKinney defeats Thanedar in Michigan’s 13th Congressional District primary

▶ Watch Video: Donavan McKinney defeats Shri Thanedar

State Rep. Donavan McKinney has defeated incumbent U.S. Rep. Shri Thanedar in Michigan’s 13th Congressional District, CBS News projects. 

The two Democrats both hold strong progressive policy viewpoints but differ in their backgrounds and values ahead of the Democratic primary. 

Thanedar, who is finishing up his second term in Congress, was largely self-funding his campaign. He was elected to Congress in 2022 after winning the nine-way primary with 28.3% of the vote. McKinney, a member of the Democratic Socialists of America, ran on a platform centered on relatability and everyday people.

The candidates

Thanedar was first elected to Congress in 2022 and was reelected in 2024 after winning the Democratic primary against Mary Walters with 54.9% of the vote.

Thanedar represented Detroit in the Michigan House of Representatives from 2021 to 2023. He was born to a poor family in India and immigrated to the U.S. to pursue his Ph.D. in chemistry in 1979. Starting from nothing, he eventually worked his way up to serve as the CEO of numerous multi-million-dollar pharmaceutical development companies. 

Thanedar is a vocal critic of President Trump, having introduced articles of impeachment against him in April 2025.

Thanedar’s endorsements include those from his congressional colleagues, including House Democratic Leader Hakeem Jeffries, U.S. Rep. Judy Chu and U.S. Rep. Bennie Thompson. 

Throughout his political career, Thanedar has faced criticism for accepting corporate PAC money and spending taxpayer money on advertising. He renounced his Democratic Socialists of America membership in October 2023, citing their failure to condemn Hamas’ terrorist attacks on Israel.

McKinney is a lifelong Detroiter who’s running on a platform centered on relatability and focusing on everyday people. A product of Detroit Public Schools, McKinney graduated from the University of Michigan in 2014 before pursuing a career in organizing and public service.

McKinney has received high-profile endorsements from congressional progressives, including U.S. Sen. Bernie Sanders, U.S. Rep. Rashida Tlaib, U.S. Rep. Ilhan Omar and former U.S. Rep. Brenda Lawrence.

Key issues

The key issues highlighted in Thanedar’s campaign include affordability, housing, universal healthcare and abolishing ICE. He has co-sponsored progressive legislation, including the Medicare for All Act, Raise the Wage Act and American Teacher Act, as well as pro-small business legislation such as the Investing in Main Street Act of 2023.

This is Thanedar’s toughest primary yet, as opponents and colleagues criticize his lack of Detroit roots and his identity as a wealthy businessman who has spent millions on his campaign while representing Michigan’s poorest district.

McKinney’s campaign touches on restoring Black representation in Detroit and putting workers over corporations. His platform has goals of reducing income inequality through taxing the ultra-wealthy, transitioning to clean energy and investing in public schools. Like Thanedar, McKinney also supports Medicare for All.

Other issues McKinney is prioritizing include reducing corporate influence in politics, codifying abortion rights at the federal level and ending military aid to Israel.

Trump Media says Wall Street firms are paying up to $100K for early access to Trump posts

(CNN) — Wall Street has begun to embrace Trump Media and Technology Group’s newest product: instant access to President Donald Trump’s Truth Social posts.Truth Social owner Trump Media, in its first-ever earnings call with analysts Monday evening, said it has signed more than 10 customer agreements, mostly with high-frequency trading companies. Trump Media said those customers are willing to pay between $60,000 and $100,000 a month to gain access to the Truth Social data feed, known as an application programming interface (API). That direct link gives Wall Street a leg up over retail traders by delivering Truth Social posts split seconds faster than the public sees them.For high-frequency trading machines, milliseconds can mean serious money. Their algorithms look for signs that they should buy or sell, and by the time regular traders notice, it’s often too late to take advantage.Truth Social’s most-followed and important poster, Trump, often announces policy decisions on his company’s platform – sometimes even before his own administration is aware. Instant access to proclamations about tariff policy, national security and executive orders that affect the economy could send oil, bonds, stocks or other assets sharply higher or lower.Spending tens of thousands of dollars for speedy access to those market-moving announcements could be a no-brainer for high-frequency trading firms. And apparently, it’s a profitable venture for Trump and his social media company, too.“We recognized a modest amount of revenue from these agreements today,” said Kevin McGurn, interim CEO of Trump Media, on a conference call with analysts. “We believe this can grow into a meaningful, durable contributor.”McGurn announced that the company is in active conversations to grant Truth API access to news organizations and AI companies, including hyperscalers that provide huge amounts of computing powered by massive data centers and large language models.Last month, Democratic Sens. Elizabeth Warren and Adam Schiff urged federal regulators to investigate whether Trump Media’s plan to give Wall Street firms access to Trump’s Social Media posts is legal.The lawmakers described the plan as a “shocking abuse of the office of the President” and called for the Securities and Exchange Commission to determine if the arrangement violates federal securities law.“Early access to President Trump’s social media posts for Wall Street firms, wealthy insiders and high-frequency traders will erode investor confidence in basic fairness of the markets,” Warren and Schiff wrote in a letter to SEC Chair Paul Atkins.Small traffic, big lossesTrump Media launched in 2021 with ambitions of creating a conservative social media counterweight to Big Tech. However, five years later and despite Trump using Truth Social as his principal means of presidential communication, the platform remains a very tiny player that, by some measures, is getting even smaller.In July, Truth Social attracted just 261,300 daily active users, down 40% year over year, according to data shared with CNN by research firm Similarweb.Despite a modest decline in traffic, X (formerly Twitter) averaged 123.5 million daily active users in July – or nearly 500 times more than Truth Social.That small amount of traffic and minuscule advertising revenue led to just $1.7 million in sales last quarter – and a $238 million loss. That was significantly larger than the $20 million loss the company reported in the same quarter a year earlier.The company has never reported a quarterly profit.The-CNN-Wire™ & © 2026 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
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