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Photo: Alex Brandon / AP

Minnesota Sen. Al Franken announced his decision to resign "in the coming weeks" during a speech on the Senate floor. More than 30 of his Democratic Senate colleagues called for him step down yesterday after a seventh allegation of sexual misconduct against Franken (which was followed shortly by an eighth). Franken referenced both President Trump and Roy Moore during his announcement, saying: "There is some irony that I am leaving while a man who has bragged on tape about his history of sexual assault sits in the Oval Office and a man who has repeatedly preyed on young girls campaigns for the Senate with the full support of his party."

What's next: Democratic Gov. Mark Dayton will choose Franken's immediate replacement. He said he'll make that decision "in the next couple of days," but his pick is rumored to be Lt. Gov. Tina Smith, according to the Minneapolis Star-Tribune. A special election for the remainder of his term will be held in November 2018, opening the seat for the midterm elections during what Democrats hope to be an electoral wave in their favor.

Video of the Trump-Moore moment:

A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

More from Franken's speech:

  • "Some of the allegations against me are not true. Others I remember very differently."
  • "I am proud that during my time in the Senate I have used my power to be a champion of women…I know there's been a very different picture of me painted over the last few weeks, but I know who I really am."
  • "I know in my heart that nothing I have done as a senator — nothing — has brought dishonor on this institution, and I am confident that the Ethics Committee would agree."
  • "I have faith — or at least hope — that members of this Senate will find the political courage necessary to keep asking the tough questions, hold this administration accountable, and stand up for the truth."
  • "Even on the worst day of my political life, I feel that it has all been worth it...I would do it all over again in a heartbeat."

Go deeper

19 mins ago - Technology

Facebook Oversight Board overturns 4 of its 5 first cases

Illustration: Aïda Amer/Axios

Facebook's independent Oversight Board published its first set of decisions Thursday, overturning 4 of the 5 cases it chose to review out of 20,000 cases submitted.

Why it matters: The decision to go against Facebook's conclusions in 4 out of 5 instances gives legitimacy to the Board, which is funded via a $130 million grant from Facebook.

New York AG: State severely undercounted COVID nursing home deaths

Gov. Andrew Cuomo. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

Data from New York's public health department undercounted COVID-19-related deaths in nursing homes by as much as 50%, according to a report released Thursday by state Attorney General Letitia James.

The big picture: Gov. Andrew Cuomo's administration did not include nursing home patients who died after being transferred to the hospital in its tally of over 8,500 nursing home deaths, according to the report. Data provided to the attorney general's office from 62 nursing homes "shows a significantly higher number of resident COVID-19 deaths can be identified than is reflected" in the official count.

Trading platforms curb trading on high-flying Reddit stocks

Major trading platforms including Robinhood, TDAmeritrade and Interactive Brokers are restricting — or cutting off entirely — trading on high-flying stocks like GameStop and AMC Entertainment.

Why it matters: It limits access to the traders that have contributed to the wild Reddit-driven activity of the past few days — a phenomenon that has gripped Wall Street and the country.

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