Sanders speaks to reporters outside the U.S. Capitol building. Photo: Alex Edelman/Getty Images

Sen. Bernie Sanders introduced a bill dubbed the "Stop Bad Employers by Zeroing Out Subsidies Act" or "Stop BEZOS Act" in the Senate Wednesday.

The big picture: The bill would make big companies that employ huge numbers of workers at low wages — like Amazon and Walmart — pay the government for the federal assistance their workers receive.

Timing: Sanders' bill comes one day after Amazon became the second U.S. company, behind Apple, to reach a $1 trillion stock-market valuation.

  • Sanders tweeted, "Amazon is worth $1 TRILLION ... Thousands of Amazon workers have to rely on food stamps, Medicaid and public housing to survive. That is what a rigged economy looks like."

Amazon disputed Sanders' assertion that its warehouse employees don't make a living wage and called his arguments "inaccurate and misleading" in a blog post.

Go deeper: Axios' Dan Primack and Felix Salmon discuss the implications of Sanders' move in the Pro Rata Podcast.

Go deeper

Updated 27 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8:30 a.m. ET: 12,740,971 — Total deaths: 565,716 — Total recoveries — 7,022,846Map.
  2. U.S.: Total confirmed cases as of 8:30 a.m. ET: 3,247,782 — Total deaths: 134,815 — Total recoveries: 995,576 — Total tested: 39,553,395Map.
  3. Politics: Trump wears face mask in public for first time.
  4. Public health: Fauci hasn't briefed Trump on the coronavirus pandemic in at least two months — We're losing the war on the coronavirus.
  5. States: Louisiana governor issues face mask mandate.
  6. World: India reimposes lockdowns as coronavirus cases soar.
1 hour ago - World

Hundreds of thousands vote in Hong Kong's opposition primaries

Photo: Isaac Lawrence/AFP via Getty Images

Organizers say more than 500,000 Hong Kong residents have voted in primary elections held by pro-democracy opposition groups on Saturday and Sunday, despite fears of a government crackdown under Beijing's draconian new national security law, Reuters reports.

Why it matters: The primaries, which aren't part of the city's official political process, are intended to whittle down the field of pro-democracy candidates in order to avoid splitting the vote against pro-China ruling politicians in September's legislative elections.

Biden's doctrine: Erase Trump, re-embrace the world

Photo illustration: Sarah Grillo/Axios. Photo: Bastiaan Slabbers/NurPhoto, and Bastiaan Slabbers/NurPhoto via Getty Images

Foreign policy will look drastically different if Joe Biden defeats President Trump in November, advisers tell Axios — starting with a Day One announcement that the U.S. is re-entering the Paris Climate Agreement and new global coordination of the coronavirus response.

The big picture: If Trump's presidency started the "America First" era of withdrawal from global alliances, Biden's team says his presidency would be the opposite: a re-engagement with the world and an effort to rebuild those alliances — fast.