Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Chuck Kennedy for Axios

Experts in media, tech, business and politics came together in D.C. on February 7th to discuss the status of trust in institutions. Thought leaders dialogued about what affects trust over breakfast at The Lincoln—a restaurant filled with subtle (and obvious) nods to the president remembered for his honesty.

Why it mattered: This year, Edelman's annual trust barometer report revealed that the U.S. is facing the biggest decline in institutional trust since the report started in 1999.

The highlights:

Axios Managing Editor Kim Hart kicks off the conversation, asking the group what it thinks is driving the trust decline and how it can be fixed. Photo: Chuck Kennedy for Axios
Lisa Ross, the president of Edelman's D.C. office, outlines some of the report's key findings and what institutions can do to earn trust. Photo: Chuck Kennedy for Axios

Richard Edelman, the CEO of Edelman, says the lack of trust in institutions is now correlated to the lack of trust in information.

Sara Fischer's analysis: A lack of trust in some countries where the GDP remains strong, like the U.S., U.K., Japan, France and Brazil, show that trust declines are no longer linked to economic factors, but rather political ones. 

Steve Schmidt, Edelman's vice chairman of public affairs, says some conservative media outlets are now peddling “outright misinformation” to the American people. Photo: Chuck Kennedy for Axios
"Getting [facts] in front of people feels like it's getting harder and harder."
Craig Gordon, Washington bureau chief of Bloomberg News

Ashley Gold, a reporter at POLITICO, points out the negative impact dying local journalism has on trust and advocates for doing "more to equip people in the heartland."

Analysis from Kim Hart and Sara Fischer: People are struggling to distinguish real facts from fake news, driving a collapse of trust in the media and government as institutions.

But, but, but... while trust in media and platforms is declining, trust in journalism is on the rise. And trust in one institution has inched up: employers. According to the report, 79% of U.S. employees trust their employers to do what's right.

John Buckley, the CEO of Subject Matter, predicts: “We’re probably going to have a calamitous event that is going to lead to some sort of truth reconciliation." Photo: Chuck Kennedy for Axios

Why it matters: CEOs and employers are in a unique position to foster trust and fill the void other institutions have left open.

People used to trust folks like themselves, and not CEOs. And now that’s flipped.
Dean Garfield, CEO of the Information Technology Industry Council
“This is a moment of truth for corporations. The monkey’s now on the backs of corporations to show that they’re in it for their country, not just in it for themselves.”
Steven Hollingworth, President and CEO of the Grameen Foundation
Scales of justice/salt & pepper. Photo: Chuck Kennedy for Axios

How to rebuild trust, according to the attendees:

  • An emphasis on reviving local news outlets, so people across the country have access to accurate information about their own communities.
  • A responsibility of businesses and employers, which have a higher level of trust than other institutions, to provide information and be involved in the communities in which they operate.

Go deeper:

Thank you to everyone who joined us, and thank you to Edelman for sponsoring this event.

Go deeper

House votes to ban imports from Xinjiang over forced labor concerns

House Speaker Nancy Pelosi. Photo: Anna Moneymaker/Getty Images

The House voted 428-1 on Wednesday to pass a bill that would ban all imports from the Chinese region of Xinjiang unless the U.S. government determines that the products were not made with forced labor.

Why it matters: Both the Trump and Biden administrations, as well as several foreign parliaments, have recognized China's repression of Uyghurs and other Muslim minorities in Xinjiang as genocide.

Mark Meadows sues Pelosi, Jan. 6 committee

Then-White House chief of staff Mark Meadows speaks with reporters after a meeting with Senate Majority Leader Mitch McConnell on Nov. 18, 2020. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Former White House chief of staff Mark Meadows sued House Speaker Nancy Pelosi and all nine members of the Jan. 6 select committee on Wednesday.

Why it matters: The move comes less than a day after the committee moved to hold Meadows in contempt for refusing to cooperate with its investigation of the Capitol riots.

2 hours ago - Technology

The four key moments from Instagram's Hill hearing

Adam Mosseri. Photo: Yasin Ozturk/Anadolu Agency via Getty Images

Instagram head Adam Mosseri testified before Senate lawmakers Wednesday and was pressed on the app's impacts on young children and teens.

Why it matters: Legislation to protect kids online is one area Congress has shown it's willing to regulate, as Axios previously reported. Wednesday's back-and-forth gave momentum to lawmakers eager to make more rules for social media platforms and how children and teens can use them.