Connie Chan has conceded to Scott Wiener in the SF congressional race, despite the fact that the contest has not yet been officially called. The Chronicle's Joe Garofoli suggests that her loss was, at least in part, a sign of Nancy Pelosi's waning political influence, but he notes that Pelosi likely saw the writing on the wall and did not even attend Chan's election night party. [Chronicle]
The Bay Area Air District board voted Wednesday to delay a ban on natural gas water heaters until January 2028. The ban will mean that property owners will need to replace broken or aging gas water heaters with more expensive heat pump models, which can run as much as $3,500 more than their gas counterparts. [Chronicle]
Dia de Los Muertos was, as always, celebrated with a procession in the Mission District Monday night, and the 34th annual Festival of Altars in Potrero del Sol Park, and Hoodline has photos.
National:
Victories by moderate Democrats in Republican-leaning districts around the country mean greater clout in Congress for the moderate wing of the party. [New York Times]
Trump lost $168 million in net worth in the last 24 hours, thanks to the stock price tumbling on the parent company of Truth Social (again). [Forbes]
Voters on Tuesday largely rejected AI and data centers, and new data center projects around the country stand in the balance. [New York Times]
Video:
If you missed the live parade today, ESPN has coverage and a highlight reel of the Golden State Valkyries' victory parade on the Embarcadero Wednesday afternoon.