Feb 23, 2017

Big business gives Trump a regulation-cutting wish list

Evan Vucci / AP

The Business Roundtable has submitted a letter to the Trump Administration listing " recent regulations that are of most concern across all our business sectors."

This comes ahead of a planned meeting Thursday between manufacturing executives—many of whom are members of the Roundtable—and President Trump at the White House. Here are the big items on the group's regulatory-reform wish list.

  1. Overtime rules: The Obama administration raised the salary level below which workers are due overtime, and business leaders say the rule reduces employment.
  2. Clean Power Plan: The Roundtable wants caps on power plant CO2 emissions reformed to "address concerns about EPA overreach infringing on state authority, while providing maximum flexibility for compliance."
  3. Net Neutrality: The policy bans internet providers from favoring some content on their network over other content, a rule that critics say hurts innovation.
  4. CEO pay disclosure: Dodd-Frank reform included a rule that requires companies to disclose the ratio of CEO pay to that of the median worker, and business leaders want it gone.
  5. Federal waters expansion: In 2015, the EPA ruled greatly expanded the amount of land it has jurisdiction over when it changed the definition of federal waters. Homebuilders in particular says this makes it too expensive to build in many places.

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U.S.-led coalition in Iraq withdraws from 3rd base this month

A soldier stands guard at the Qayyarah airbase in southern Mosul on March 26. Photo: Murtadha Al-Sudani/Anadolu Agency via Getty Images

The United States-led coalition in Iraq withdrew from K-1 Air Base in the northern part of the country on Sunday, AP reports.

Why it matters: It's the third site that coalition forces have left this month as the U.S. gathers troops in Baghdad and at Ain al-Asad Air Base.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 679,977 — Total deaths: 31,734 — Total recoveries: 145,625.
  2. U.S.: Leads the world in cases. Total confirmed cases as of 8 a.m. ET: 124,686 — Total deaths: 2,191 — Total recoveries: 2,612.
  3. Federal government latest: Trump announces new travel advisories for New York, New Jersey and Connecticut, but rules out quarantine enforcement. Per CDC, those residents should "refrain from non-essential domestic travel for 14 days," with the exception of critical infrastructure industry workers.
  4. State updates: Alaska issues a stay-at-home order — New York tries to nearly triple hospital capacity in less than a month and moved presidential primary to June 23. Some Midwestern swing voters who backed Trump's initial handling of the virus balk at call for U.S. to be "opened up" by Easter.
  5. World updates: In Spain, over 1,400 people were confirmed dead between Thursday to Saturday.
  6. 🚀 Space updates: OneWeb filed for bankruptcy amid the novel coronavirus pandemic.
  7. What should I do? Answers about the virus from Axios expertsWhat to know about social distancingQ&A: Minimizing your coronavirus risk
  8. Other resources: CDC on how to avoid the virus, what to do if you get it.

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The year of the protest meets the year of the lockdown

Hong Kong demonstrators protest a government ban on face masks in October. Photo by Laurel Chor/Getty Images

The year of the mass uprising has collided with the year of the coronavirus lockdown, leaving protest movements around the world stalled. 

The big picture: The enduring images of 2019 are of protest — from Hong Kong to Khartoum, across the Middle East and through much of Latin America. Seemingly overnight, though, social distancing has made such mass demonstrations almost unthinkable.

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