In this episode of Regulatory Oversight, Ashley Taylor and Clayton Friedman, co-leaders of Troutman Pepper Locke’s State Attorneys General (AG) team, welcome Democratic Attorneys General Association (DAGA) President Sean Rankin for a wide-ranging look at the 2026 state AG elections and a landscape he says has shifted significantly over the course of the cycle.

Rankin examines the races he sees as bellwethers and wild cards, from Arizona, Kansas, Wisconsin, and Georgia to Iowa, Florida, and Oklahoma. He discusses the 20% to 30% voter drop-off AG candidates can experience from top-of-the-ticket races and explains why the national political environment tells only part of the story. Rankin explains how state-specific concerns, including water rights in Arizona, tourism and affordability in Nevada, and environmental issues in Iowa, can shape AG races alongside national political trends.

With a large class of new AGs taking office, the conversation also turns to what turnover could mean for the “chemistry in the room,” emerging leadership, and coalition building among AGs.

The group wraps up by discussing how state AGs serve as leading consumer regulators and often work across party lines, including on multistate matters that bring together a large majority of Democratic and Republican AGs.