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Photo: Frederic J. Brown/AFP via Getty Images

Andrew Yang's 2020 presidential campaign said Thursday that it raised $16.5 million during 2019's fourth quarter, reports the New York Times.

Why it matters: It's Yang's best quarter yet, topping the $10 million he raised in the third quarter, and is likely to put him among the top fundraisers in the crowded Democratic field.

  • The strong fourth-quarter performance also shows how quickly Yang has built a fundraising machine — as he raised just $2.8 million in the second quarter.

The state of play: Yang's campaign said that New Year's Eve ended up being his best fundraising day of the year, raking in more than $1.3 million.

  • It also said that he's received donations from 400,000 people who have together given more than 1 million donations over the course of the campaign.

The big picture: Yang is one of the first candidates to release his Q4 fundraising totals. Pete Buttigieg released his on New Year's Day, touting a $24.7 million haul that also looks set to put him among the top fundraisers in the field.

Yes, but: Despite Yang's big quarter, he may not find himself on the debate stage this month thanks to the DNC's polling requirements.

  • It rejected his request to commission more early-state polls in order to help a more "diverse set of candidates" qualify for the next debate.

Go deeper: Andrew Yang on the issues, in under 500 words

Go deeper

3 hours ago - Health

Biden administration to lift travel ban for fully vaccinated international travelers

Photo: Win McNamee/Getty Images

White House COVID-19 response coordinator Jeff Zients announced on Monday that the Biden administration will allow fully vaccinated travelers from around the world to enter the U.S. beginning in November.

Why it matters: The announcement comes as President Biden seeks commitments from countries to donate vaccines to the global COVAX initiative. He is expected to host a COVID summit on the sidelines of the UN General Assembly this week, and many of the countries attending have expressed frustration with the travel ban.

Dan Primack, author of Pro Rata
3 hours ago - Economy & Business

Gen Z breaks into VC

Illustration: Aïda Amer/Axios

When Meagan Loyst joined VC firm Lerer Hippeau, less than two years out of Boston College, she was still living with her parents. She had virtually no online brand presence, and the pandemic made it impossible to build a professional network via in-person meetings.

Why it matters: Loyst wasn't alone. Venture firms have accelerated hiring in line with record deal activity, often seeking younger investors who can spot trends that fly below the radar (or intrinsic understanding) of older partners.

White House aims to protect workers from extreme heat

Two pear pickers in Hood River, Ore. on Aug. 13. Photo: Michael Hanson/AFP via Getty Images

The White House announced a slew of actions Monday, including the start of a rule-making process at the Occupational Safety and Health Administration (OSHA), to protect American workers from extreme heat.

Driving the news: The U.S. just had its hottest summer on record, with triple-digit-temperatures killing hundreds in the Pacific Northwest and exposing outdoor workers to dangerous conditions.