Photo: Kena Betancur/VIEWpress/Corbis via Getty Images

Bernie Sanders highlighted his working-class roots and pledged to lead a "political revolution," as he launched his 2020 presidential bid on Saturday in Brooklyn, where he grew up.

Between the lines: The independent Vermont senator vowed to overcome Democratic presidential rivals and go on to defeat “the most dangerous president in modern American history,” the Washington Post reports. "I did not have a father who gave me millions of dollars to build luxury skyscrapers, casinos and country clubs," Sanders said, alluding to President Trump's background. "My experience as a child, living in a family that struggled economically, powerfully influenced my life and my values. I know where I came from, and that is something I will never forget."

Go deeper: Bernie Sanders: Everything you need to know about the 2020 candidate

Go deeper

Trump's new TikTok threat

Photo illustration: Aïda Amer/Axios. Photo: Jim Watson/AFP via Getty Images

President Trump said twice Monday that the U.S. Treasury would need to get a portion of the sale price of TikTok, as a condition of regulatory approval.

Why it matters: This is akin to extortion — the sort of thing you'd expect to hear on a wiretap, not from the White House in front of reporters.

Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 3 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.