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Meta made a deal to keep Mark Zuckerberg from leaving California over its billionaire tax.

It said in a filing that Zuckerberg “was evaluating relocating his primary residence” if California’s Proposition 40 passes. As Bloomberg reports, Meta’s board issued special shares so that he wouldn’t have to leave: > Zuckerberg gets non-voting shares he can sell for liquidity without reducing his voting control. In return, he has committed to remain in California — or wherever Meta is headquartered — for eight years while he remains in a full-time leadership role.

Former officials urge Congress to reform permitting

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Former officials urge Congress to reform permitting A group of economic and national security officials across multiple presidential administrations are urging Congress to pass permitting reform legislation. © Greg Nash In a letter to Senate Majority Leader…

Trump to hold rally in Mississippi

President Trump is scheduled to hold a rally in Mississippi next Monday, a notable choice for a last-minute midterm event given the state’s reliably Republican history. The visit is raising alarm that even redder GOP strongholds are in play weeks out from the election. The Republican National Committee (RNC) announced on Wednesday that Trump is…

Wednesday, October 21, 2026

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