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DOW (DIA) $519.36 +0.43%S&P 500 (SPY) $758.27 +0.34%NASDAQ 25,437 -2.86%10Y 4.94% -4 bpBITCOIN $77,666 -0.86%NASDAQ 100 (QQQ) $694.77 +0.62%30Y MORTGAGE 7.24% -0.08Hundreds of candidates undermine election confidence despite repeated findings of fairnessDemocratic congresswoman backs Republican in Michigan Senate raceMorgan Stanley strategist says midterm election outcome unlikely to impact marketsDeutsche Bank predicts another tech stock rebound amid slow earnings growth expectationsGerman Chancellor Merz expresses hope for Korean reunification during Asia visitSecond trial begins for man accused of starting deadly Palisades fireEuropean grocery stores report fridge-freezer temperature spikes linked to cyberattacksRetired MLB star Matt Holliday lists $11.6 million Arizona estateDOW (DIA) $519.36 +0.43%S&P 500 (SPY) $758.27 +0.34%NASDAQ 25,437 -2.86%10Y 4.94% -4 bpBITCOIN $77,666 -0.86%NASDAQ 100 (QQQ) $694.77 +0.62%30Y MORTGAGE 7.24% -0.08Hundreds of candidates undermine election confidence despite repeated findings of fairnessDemocratic congresswoman backs Republican in Michigan Senate raceMorgan Stanley strategist says midterm election outcome unlikely to impact marketsDeutsche Bank predicts another tech stock rebound amid slow earnings growth expectationsGerman Chancellor Merz expresses hope for Korean reunification during Asia visitSecond trial begins for man accused of starting deadly Palisades fireEuropean grocery stores report fridge-freezer temperature spikes linked to cyberattacksRetired MLB star Matt Holliday lists $11.6 million Arizona estate
San Francisco

San Francisco voters likely to approve billionaire-backed ballot measure

A ballot measure funded by billionaires could limit San Francisco voters' power to place legislation on ballots.

Nov 2, 2026, 4:06 AM By the Genius Eye newsroom (City Reporter) · Fact-checkedHow we report
Photo: King of Hearts / CC BY-SA 3.0, via Wikimedia Commons

San Francisco voters appear poised to approve a ballot measure that would restrict their ability to place legislation directly onto the ballot, according to Mission Local.

The ballot measure has received nearly $14 million in funding, mostly from wealthy donors, and has been heavily promoted through mail, cellphone, and television advertisements.

This change would alter a right granted to San Francisco voters in 1898, which allowed them to directly propose legislation, a right that predates women's suffrage in California by 13 years.

The measure is part of a broader political trend in the city, where voters are expected to support a slate of policies favored by affluent donors, despite San Francisco's image as a progressive and countercultural city.

If the measure passes, it would represent a significant shift in local governance and reduce direct democratic participation by residents.

Sources
  1. Mission Local: The U.S. midterms could be a big swing left. San Francisco is poised to double down on its gilded age.
We read public reporting and official data, confirm what we can, and write our own story. See something wrong? Request a correction.

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