Kevin Burbach / AP

Now that Republicans are in charge: True-blue deficit hawks are worried about having too much faith in right-leaning reforms to boost economic growth. "You're not going to be able to grow your way out of this one," Oklahoma Republican Tom Cole argued to the Wall Street Journal Sunday. Cole has data on his side: Government debt is set to rise steeply over the next ten years, even absent new spending initiatives and tax cuts proposed by the Trump Administration.

The German export engine is losing steam: Deutsche Bank argues that an aging population and an influx of immigrants will force down the famously high savings rate in Germany, and help begin the process of lowering its overall trade surplus. This would be music to the White House's ears, but the U.S. is also facing similar demographic trends. Expect Germany to maintain its trade surplus with America, and remain on the Trump Administration's list of unfair traders.

Tiffany benches CEO: Tiffany announced the dismissal of its CEO Frederic Cumenal on Sunday after less than two years on the job, and just weeks after reporting disappointing holiday sales. The move is the latest of several high profile leadership changes in the luxury retail sector of late, and shows that even America's most valuable luxury brands are struggling as consumers shift more of their purchases online.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 2 p.m. ET: 30,588,989 — Total deaths: 953,482— Total recoveries: 20,832,830Map.
  2. U.S.: Total confirmed cases as of 2 p.m. ET: 6,745,190 — Total deaths: 198,921 — Total recoveries: 2,556,465 — Total tests: 93,150,052Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: The dwindling chances of eliminating COVID-19.
  5. World: Guatemalan president tests positive for COVID-19.

Schumer: "Nothing is off the table" if GOP moves to fill Ginsburg's seat

Sen. Chuck Schumer. Photo: Tasos Katopodis/Getty Images

Senate Minority Leader Chuck Schumer told congressional Democrats on a conference call Saturday that "nothing is off the table next year" if Senate Majority Leader Mitch McConnell and his Republican allies move to fill Justice Ruth Bader Ginsburg's Supreme Court seat in the coming weeks.

Why it matters: Schumer's comments come amid calls from fellow Democrats to expand the number of judges on the Supreme Court if President Trump and Senate Republicans move to fill the newly empty seat next time the party holds a majority in the Senate.

ActBlue collects record-breaking $30 million in hours after Ginsburg's death

A makeshift memorial in honor of Justice Ruth Bader Ginsburg in front of the U.S. Supreme Court on Sept. 19. Photo: Samuel Corum/Getty Images

ActBlue, the Democratic donation-processing site, reported a record-breaking $30 million raised from 9 pm Friday to 9 am Saturday in the aftermath of Supreme Court Justice Ruth Bader Ginsburg's death, NPR writes and ActBlue confirmed to Axios.

Why it matters via the New York Times: "The unprecedented outpouring shows the power of a looming Supreme Court confirmation fight to motivate Democratic donors."