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Asian Coalition of Massachusetts organizer Fiona Phie takes a moment of silence after placing an offering to honor those who have experienced violent anti-Asian hate crimes. Photo: Erin Clark/The Boston Globe via Getty Images

The House voted 364-62 on Tuesday to pass the COVID-19 Hate Crimes Act and send it to President Biden's desk, who has said he will sign the measure into law.

Why it matters: Introduced by Rep. Grace Meng (D-N.Y.), the bill is Congress' first substantial effort to address the rise of anti-Asian hate this past year, which has included stabbings, sexual assault and elder abuse.

  • The Senate cleared the legislation — which would train law enforcement to better identify anti-Asian racism, among other measures — with a rare bipartisan vote last month.

What they're saying: "Those of Asian descent have been blamed and scapegoated for the outbreak of COVID-19, and as a result, Asian Americans have been beaten, slashed, spat on and even killed," Meng said in a statement commending her colleagues. "Asian Americans are tired of living in fear."

  • "[W]e cannot fight hate crimes without fully understanding the scope of the problem," Rep. Judy Chu (D-Calif.), chair of the Congressional Asian Pacific American Caucus, said in a statement. "That is why we need more tracking and reporting of these incidents, which is exactly what this bill will do."
  • "The epidemic of anti-AAPI violence is a challenge to the conscience of our country, and with today’s vital vote, Congress is taking bold, effective action to strengthen our nation’s defenses against hate crimes, save countless lives and advance justice," Speaker Nancy Pelosi (D-Calif.) said.

The Stop AAPI Hate reporting center expressed support for the bill's investment in community-based solutions, but called on Congress to pass new legislation targeting the "root causes of systemic racism. "

  • "[B]ecause the Act centers criminal law enforcement agencies in its solutions, it will not address the overwhelming majority of incidents reported to our site which are not hate crimes, but serious hate incidents."

Over 75 Asian and LGBTQ organizations urged Congress to oppose the legislation last week, arguing it would only bolster policing and disproportionately hurt marginalized communities.

  • Lawmakers have maintained the bill improves hate crime tracking and not policing.

The big picture: In America's largest cities, anti-Asian hate has jumped 164% compared with this time last year, according to data from the Center for the Study of Hate & Extremism at California State University, San Bernardino.

  • 24% of white Americans, however, don’t believe anti-Asian racism is a problem that should be addressed, per recent polling by the nonprofit Leading Asian Americans to Unite for Change.

Go deeper... Pew: Over 80% of Asian adults say violence against them is increasing

Editor's note: This story has been updated with comments from lawmakers and Stop AAPI Hate.

Go deeper

Investors fear inflation, labor shortages in second half of 2021

Illustration: Sarah Grillo/Axios

Investors entered 2021 concerned about the transition to a new U.S. president, the form of new fiscal stimulus, the distribution of vaccines and the reopening of the economy. Now, top risks include supply chain bottlenecks, labor shortages, inflation and slower GDP growth.

Why it matters: Stocks have rallied almost unabated for over a year, leaving many to wonder if the market is overdue for a big selloff. Last week's declines amplify those concerns.

Mike Allen, author of AM
2 hours ago - Politics & Policy

Scoop: Trump works refs ahead of book barrage

Graphic: Axios Visuals

Former President Trump has given at least 22 interviews for 17 different books since leaving office, with authors lining up at Mar-a-Lago as he labors to shape a coming tsunami of Trump tomes, Axios has learned.

Why it matters: Trump advisers see the coming book glut as proof that interest in "POTUS 45," as they call him, has never been higher. These advisers know that most of the books will paint a mixed picture, at best. But Trump is working the refs with charm, spin and dish.

Bryan Walsh, author of Future
3 hours ago - Economy & Business

The swoon in college enrollment

Expand chart
Data: National Student Clearinghouse Research Center; Chart: Danielle Alberti/Axios

The pandemic's effects, along with a decline in the number of young adults, have depressed college enrollment, with community colleges bearing much of the brunt.

Why it matters: A college degree is becoming more important as the demand for higher skills sharpens. The drop in college enrollment — which is especially steep for Black and Latino students — is bad news for both the higher education industry and broader social mobility.