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Entrepreneur Andrew Yang. Photo: Win McNamee/Getty Images

Andrew Yang's 2020 presidential campaign told Politico on Monday that more than 450,000 people entered its universal basic income raffle, raising $1 million in the 72 hours after Yang's appearance in last week's third Democratic debate.

Why it matters: Yang raised $2.8 million during the second quarter, making the contest, which will give 10 families $120,000 over a year, a huge boon for his fundraising efforts.

  • Politico also reported that 90% of the entrants to the contest provided email addresses that were not previously on Yang's list and that he gained the most Twitter followers of any candidate during the debate.

Yes, but: Yang's contest could potentially run afoul of FEC rules that prohibit campaign funds from being used on "personal expenses." However, the agency likely will not be able to investigate the situation because it is virtually shut down after the resignation of one of its commissioners last month prevented it from establishing a quorum.

What they're saying: "We've got a 21st century candidate and we're running a 21st century campaign. ... That's something not many of our competitors can say," Yang's campaign manager Zach Graumann told Politico.

Go deeper: Andrew Yang gets media cold shoulder

Go deeper

AT&T in talks with Discovery to combine media assets

Illustration: Annelise Capossela/Axios

AT&T is in talks with media giant Discovery about merging its media assets, like CNN, TBS and TNT, according to two sources familiar with the discussions.

Why it matters: A potential merger could allow AT&T and Discovery to better compete with entertainment giants like Disney and Netflix in the video streaming wars.

Updated 4 hours ago - Politics & Policy

Franklin Graham worries Trump too old to run in 2024

Graham and Trump at a rally in 2017. Photo: Ralph Freso/Getty Images

The Rev. Franklin Graham says a potential 2024 presidential bid by Donald Trump would "be a very tough thing to do," the prominent Christian leader told "Axios on HBO."

Why it matters: Graham, the president of the Billy Graham Evangelistic Association and Samaritan's Purse, was among Trump's earliest and most prominent evangelical defenders.

4 hours ago - Axios on HBO

Cameo CEO says he would let Trump join platform

Cameo CEO Steven Galanis doesn't want the app he built to be used explicitly for politics, but said he would allow former President Trump on the platform.

  • "Trump has done nothing on our platform to violate our terms of service," Galanis says in an interview with "Axios on HBO" that aired Sunday.

Why it matters: Cameo's approach is different than some of its Big Tech peers.