Photo: Scott Eisen/Getty Images

Sen. Bernie Sanders (I-Vt.) on Thursday became the first 2020 contender to announce reaching 1 million individual donors, according to Politico.

Why it matters: Donor sourcing is a hot-button issue for Democrats, with several progressive candidates opting to only accept grassroots donations during the primary. Sanders' campaign staff said he pledged not to accept high-dollar contributions into the general election as well, should he get the Party nomination.

  • The campaign said 99% of donors are eligible to donate again since the vast majority have not contributed the maximum allowable amount. More than 125,000 donors are giving monthly contributions on a recurring basis.
  • Sen. Elizabeth Warren hit the 1 million donation milestone in June, but has not yet announced 1 million individual donors to her campaign.

Go deeper: Bernie Sanders on the issues, in under 500 words

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The TikTok deal's for-show provisions and flimsy foundations

Illustration: Aïda Amer/Axios

The new deal to rescue TikTok from a threatened U.S. ban — full of provisions aimed at creating the temporary appearance of a presidential win — looks like a sort of Potemkin village agreement.

How it works: Potemkin villages were fake-storefront towns stood up to impress a visiting czar and dignitaries. When the visitors left, the stage set got struck.

  • Similarly, many elements of this plan look hastily erected and easily abandoned once the spotlight moves on.
47 mins ago - Technology

Over 3 million U.S. voters have already registered on social media

Illustration: Eniola Odetunde/Axios

An estimated 2.5 million+ Americans have registered to vote on Facebook, Instagram, and Messenger, Facebook announced Monday. More than 733,000 Americans have registered to vote so far via Snapchat.

Why it matters: The broad reach of social media platforms makes them uniquely effective at engaging voters — especially younger voters who may not know how to register to vote or be civically engaged.

Felix Salmon, author of Capital
1 hour ago - Economy & Business

Wall Street: Recession is over

Illustration: Aïda Amer/Axios

U.S. economic activity fell more sharply in the second quarter of this year than during any other quarter in history. It's also going to grow more sharply in the third quarter of this year than during any other quarter in history.

  • The recession is over, according to Wall Street, with current forecasts showing sustained economic growth through 2021 and beyond.