Carolyn Maloney (D-N.Y.), flanked by Democratic Caucus Chair Rep. Hakeem Jeffries (D-N.Y.) and Foreign Relations Committee Chairman Eliot Engel (D-N.Y.) Photo: Chip Somodevilla/Getty Images

Rep. Carolyn Maloney (D-N.Y.) will become the first woman to chair the House Oversight Committee, after defeating Rep. Gerry Connolly (D-Va.) in a caucus-wide vote, Politico reports.

Why it matters: Maloney has been acting as the committee's chair since the Oct. 17 death of Rep. Elijah Cummings (D-Md.) Leading the Oversight Committee will thrust Maloney into the center of the impeachment inquiry into President Trump. The Oversight Committee is one of the congressional panels leading the probe.

What's next: The pick by Democrats is expected to be formalized on the House floor on Thursday, a senior Democratic aide told the Washington Post.

Go deeper: The schedule for this week's impeachment hearings

Go deeper

Senate advances Amy Coney Barrett nomination, setting up final confirmation vote

Photo: Xinhua/Ting Shen via Getty Images

The Senate voted 51-48 on Sunday to advance the Supreme Court nomination of Judge Amy Coney Barrett, setting up a final confirmation vote for Monday.

Why it matters: It's now virtually inevitable that the Senate will vote to confirm President Trump's third Supreme Court nominee before the election, which is just nine days away.

Felix Salmon, author of Capital
2 hours ago - Economy & Business

Wall Street is living up to its bad reputation

Illustration: Sarah Grillo/Axios

Recent headlines will have you convinced that Wall Street is hell-bent on living up to all of its stereotypes.

Driving the news: Goldman Sachs is the biggest and the boldest, paying more than $5 billion in fines in the wake of the 1MDB scandal, in which billions were stolen from the people of Malaysia.

2 hours ago - Health

Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk

Former FDA commissioner Scott Gottlieb said "the short answer is yes" when asked whether Vice President Mike Pence is putting others at risk by continuing to campaign after several aides tested positive for COVID-19, stressing that the White House needs to be "very explicit about the risks that they're taking."

Why it matters: The New York Times reports that at least five members of Pence's inner circle, including his chief of staff Marc Short and outside adviser Marty Obst, have tested positive for the virus. Pence tested negative on Sunday morning, according to the VP's office, and he'll continue to travel for the final stretch of the 2020 campaign.