The 2026 midterm elections are shaping up to be a consequential moment not just for American politics, but for business leaders. The outcome could reshape policies affecting trade, immigration, technology, and the economy. And at the same time, state-level elections could have an outsize impact on companies as states increasingly set their own rules on issues ranging from AI and data privacy to climate and energy. This panel will examine the political forces and voting dynamics shaping the election—and what business leaders should be watching.