Feb 9, 2019

Elizabeth Warren officially announces 2020 run

Photo: Joseph Prezioso/AFP/Getty Images

Sen. Elizabeth Warren (D-Mass.) officially announced her 2020 presidential run at a rally in Lawrence, Mass. on Saturday, pledging her place in "a fight to build an America where dreams are possible, an America that works for everyone."

What she said: Warren promised "big, structural change," calling President Trump "the latest — and most extreme — symptom of what's gone wrong in America." She added, "It won’t be enough to just undo the terrible acts of this administration. We can’t afford to just tinker around the edges — a tax credit here, a regulation there."

  • The senator laid out a policy agenda that includes tackling corruption and a sweeping economic platform that features a wealth tax and Medicare for All. "There'll be plenty of doubters and cowards and armchair critics this time around," Warren said. "But we learned a long time ago, you don't get what you don't fight for."
  • Warren has branded herself as a progressive populist, speaking of a "middle-class squeeze [in which] millions of families can barely breathe. ... People will say it's 'extreme' or 'radical' to demand an America where every family has some economic security and every kid has a real opportunity to succeed. I say to them, 'Get ready, because change is coming faster than you think.'"

Watch the video of her announcement:

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Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 2:30 p.m. ET: 1,506,936 — Total deaths: 90,057 — Total recoveries: 340,112Map.
  2. U.S.: Total confirmed cases as of 2:30 p.m. ET: 432,596 — Total deaths: 14,831 — Total recoveries: 24,235Map.
  3. Federal government latest: President Trump is preparing to launch a second coronavirus task force focused on reviving the U.S. economy.
  4. Public health latest: U.S. has expelled thousands of migrants under coronavirus public health orderDr. Anthony Fauci said social distancing could reduce the U.S. death toll to 60,000.
  5. Business latest: The Fed will lend up to $2.3 trillion for businesses, state and city governments — Another 6.6 million jobless claims were filed last week.
  6. World update: Boris Johnson is moved out of ICU but remains in hospital with coronavirus
  7. 🎧 Podcast: Your hydroxychloroquine questions answered.
  8. What should I do? Pets, moving and personal healthAnswers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk.
  9. Other resources: CDC on how to avoid the virus, what to do if you get it.

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Boris Johnson moved out of ICU but remains in hospital with coronavirus

Johnson last December. Photo: Kate Green/Anadolu Agency via Getty Images

U.K. Prime Minister Boris Johnson has been moved out of intensive care but is continuing to be monitored at St. Thomas' Hospital in London, according to a Downing Street spokesperson.

Why it matters: It's a sign of improvement after Johnson spent three nights in intensive care for coronavirus. Foreign Secretary Dominic Raab remains in charge of the government.

Go deeperArrow7 mins ago - World

A pause button for debts

Illustration: Aïda Amer/Axios

Governments have forcibly put much of the U.S. and the global economy on pause in recent weeks, for very good reason. Factories, offices, sporting arenas, restaurants, airports and myriad other institutions have closed down. But one thing hasn't been paused: monthly debt-service obligations.

The big picture: The less movement and activity there is in an economy, the more the coronavirus curve is flattened. But the obligations in bond and loan contracts can't be paused. That's worrying CEOs who fear a wave of business failures if economic activity doesn't pick up next month.