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Axios Executive Editor Mike Allen hosts Expert Voices Live. Photo: Chuck Kennedy for Axios

Axios hosted a roundtable last week to discuss how the growing Latino demographic (currently at 58 million) is impacting American business, culture, and politics.

One big thing: Guests discussed the Latino community's growing economic power, but expressed frustration in terms of converting that into other kinds of power.

Janet Murgía, President and CEO of UnidosUS, kicks off the conversation. Photo: Chuck Kennedy for Axios
  • Angelo Amador, Senior Vice President of the National Restaurant Association, on culture: “We [the Latino community] have more economic power, more restaurants—the culture is shifting. But this is causing a backlash that we haven’t seen before.”
  • Abigail Golden-Vazquez, Executive Director at the Aspen Institute, on business: “Latinos are starting businesses at 3x the rate as the rest of the population. [...] It’s Latinos who are coming in and starting stores and revitalizing communities."
How do we take our influence, power, and numbers and turn it into something that can turn the tide.
Abigail Golden-Vazquez
Cristòbal Alex, President of Latino Victory Project, shares his view. Photo: Chuck Kennedy for Axios

The power of the Latina

Multiple participants discussed their observations regarding a galvanization particularly among Latinas when it comes to voting and running for office in 2018.

  • From Xochitl Hinojosa, DNC Communications Director: "In Texas and New Mexico we have Latina candidates rising. A lot of our work [at the DNC] in 2018 will be focused on this community."
  • From Cristòbal Alex, President of Latino Victory Project: "More than 70% of [Latino Victory Project's] candidates are going to be women. They're running up and down the ballot: State-wide offices, congressional offices, and local offices.”

On what's at stake in the 2018 midterm elections:

  • Angelo Amador: "Losing moderate Republicans."
  • Abigail Golden-Vazquez: “Our democracy."
  • Eric Rodriguez, Vice President of UnidosUS: "Health care," and “respect for the community."
Axios Political Reporter Alexi McCammond asks the group what's at stake in the 2018 midterm elections. Photo: Chuck Kennedy for Axios

Capricia Marshall, Atlantic Council Ambassador in Residence, on culture: “Latino restaurants, food, and culture is so embraced now in the United states. It’s everywhere. [...] How do we reconcile that with what we're seeing?”

Guests mix and mingle after the event. Photo: Chuck Kennedy for Axios

Thank you UnidosUS for sponsoring this event.

Go deeper

Exclusive: Billionaires back new media firm to combat disinformation

Illustration: Aïda Amer/Axios

A new public benefit corporation backed by billionaires Reid Hoffman, George Soros, and others is launching Tuesday to fund new media companies and efforts that tackle disinformation.

Why it matters: Good Information Inc. aims to fund and scale businesses that cut through echo chambers with fact-based information. As part of its mission, it plans to invest in local news companies.

Dan Primack, author of Pro Rata
1 hour ago - Economy & Business

Scoop: Sequoia Capital just blew up the VC fund model

Illustration: Aïda Amer/Axios

Sequoia Capital, one of the world's oldest and most successful venture capital firms, is forming a single fund to hold all of its U.S. and European investments, including stakes in publicly-traded companies, Axios has learned.

Why it matters: Venture capital is the money of innovation, but the industry itself rarely innovates. This is a radical exception.

Exclusive: Company says it will put Trump back online

Photo Illustration: Rafael Henrique/SOPA Images/LightRocket via Getty Images.

RightForge, an internet infrastructure company that courts conservatives, will host former President Trump's new social media platform, CEO Martín Avila told Axios on Monday.

Why it matters: By relying on a web hosting service that won't cut ties over controversial comments, Trump's new platform could avoid the problems conservative network Parler faced when Amazon pulled its web services following the Capitol insurrection.