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Sen. Bernie Sanders announced on a livestream Monday that he's endorsing former Vice President Joe Biden, five days after suspending his own presidential campaign.

Why it matters: It's an effort to unify the Democratic Party behind the presumptive nominee after a divisive primary. "We have to make Trump a one-term president and we need you in the White House," Sanders told Biden.

The big picture: Sanders and Biden said they are forming task forces on health care, education, the economy, climate change, criminal justice and immigration — a sign of Biden's continued outreach to the progressive wing of the party.

  • "You've been the most powerful voice for a fair and more just America," Biden told Sanders. "You don't get enough credit, Bernie, for being the voice that forces us to take a hard look in the mirror."
  • Biden and Sanders asked each other a series of questions around some of these task force issues. Notably, Biden asked Sanders what policies could best help young people — a constituency that loves Sanders and one that he's been fighting for.
  • "I’m glad you are prepared to focus on that issue," Sanders told Biden. "It’s the right thing to do. If we believe in a strong democracy, which you do and I do ... [and] we understand in a competitive global economy we will need the most educated workforce in the world."

Between the lines: Now that Biden is nearly guaranteed the nomination, he will need Sanders' help in uniting the Democratic Party. That will be easier if progressives feel like they're getting something from Biden — policy concessions or personnel commitments for a potential Biden administration.

  • The task forces are a good start, but progressives will want something concrete — not just symbolic.
  • In 2016, Sanders and his movement fundamentally changed Democrats' policy discussion, bringing things like Medicare for All into the national conversation and changing some of the national party rules to be more transparent about the primary process.
  • Biden is unlikely to adopt Medicare for All, but the two have been talking for weeks and there are signs that Biden will meet Sanders in the middle on various issues.

What they're saying: "I know you are the kind of guy who is going to be inclusive," Sanders said to Biden.

  • "We are friends," Biden said. "I appreciate your friendship, and I promise you I will not let you down."

Go deeper: Biden and Sanders work toward truce on big issues

Go deeper

Neera Tanden withdraws nomination for Office of Management and Budget director

Neera Tanden testifying before the Senate Budget Committee in Washington, D.C., in February 2021. Photo: Anna Moneymaker/The New York Times/Bloomberg via Getty Images

Neera Tanden withdrew her name from nomination to lead the Office of Management and Budget, President Biden announced Tuesday.

Why it matters: Tanden’s nomination was already in peril after several senators voiced opposition and concern about her qualifications and past combative tweets.

What's ahead for the newest female CEOs

Jane Fraser (L) and Rosalind Brewer. Photos: Jason Redmond/AFP via Getty Images; Rodrigo Capote/Bloomberg via Getty Images.

The number of women at the helm of America’s biggest companies pales in comparison to men, but is newly growing — and their tasks are huge.

What's going on: Jane Fraser took over at Citigroup this week, the first woman to ever lead a major U.S. bank. Rosalind Brewer will take the reins at Walgreens in the coming weeks (March 15) — a company that's been run by white men for more than a century.

2 hours ago - Health

Biden says U.S. will have enough vaccines for 300 million adults by end of May

President Biden. Photo: Anna Moneymaker-Pool/Getty Images

President Biden on Tuesday said that ramped-up coronavirus vaccine production will provide enough doses for 300 million Americans by the end May.

Why it matters: That's two months sooner than Biden's previous promise of enough vaccines for all American adults by the end of July.

You’ve caught up. Now what?

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