Meanwhile, Rayna shows up at Soundcheck Nashville and tries on a pretty red dress. She is quite enamored of it, and Bucky suggests that she might wear it on the cover of her new Greatest Hits album. She says that she already pushed over the dark side to do the commercial that must be featuring the red dress, and tells him not to push his luck. Rayna has apparently forgotten that she is old, or at least old enough to have a greatest hits album. Bucky calls it a peace offering from label head Marshall Evans, but Rayna is set on her next album being new, original and great. That didn't seem to work out so well with her current album, did it? Rayna then gets a call from Teddy, who's prepping for a debate with Coleman. His poll numbers are still down, and Rayna tells him to go give 'em hell. Or heck at least. They say I love you and stuff, and sound like they actually mean it, more or less. As Bucky leaves, Rayna tells him that she needs a new collaborator AND a new guitar player. She seems happy enough about this, even though I think she knows deep down that you can't FIRE the LOVE OF YOUR LIFE.
We then cut back to Teddy, who's meeting with Peggy on a rooftop balcony of some sort. She's freaking out, and says that even though no one suspects anything now, they will, and she can't go to prison. Teddy assures her that no one is going to prison, but she's quite concerned because the auditors will be questioning her this week and going over all of her accounts. And then she gets down to the dirty deed that actually occurred: they "borrowed" over $2 million. Teddy says that they returned every penny of it, but apparently it's still embezzlement. What is Peggy's job, exactly, that she has access to all this cash? Embezzlement associate? In any case, she wants to go to the feds and try to cut a deal, and Teddy is all like, "Um, I am TRYING to be MAYOR here." He asks her for a day to work something out, and although she's scared he says he'll find a way to protect both of them. I'm guessing that way starts with an "L" and ends with "Amar," and booms, "Mwah ha ha!" up to the sky a lot.