A car with both Uber and Lyft signs. Photo: Richard Vogel / AP

Chicago Mayor Rahm Emanuel proposed on Wednesday a tax on ride-hailing companies, the revenue from which would be exclusively invested into the city's public transit. The proposal is for a a $0.15 fee in 2018, increasing to $0.20 in 2019, added on top of an existing fee of $0.52. If it passes, this will be the first ride-hailing fee in a U.S. city dedicated to a city's public transit.

Why it matters: Questions over ride-hailing's impact on public transit have persisted over the years. Last week, researchers published a study that showed that services like Uber and Lyft have led to a 6% decline in public transit use by respondents. Still, the companies have continued to say that they want to be a partner to public transit systems in cities.

From Lyft:

We appreciate the Mayor working to build a sustainable future for ridesharing drivers and passengers in Chicago and look forward to continue collaborating on providing safe, convenient and affordable transportation options for the city.

From Uber:

When safe and affordable rides are available across every neighborhood -- whether it's by train, bus, or rideshare -- Chicagoans can get to their jobs or family obligations without having to own a car. At Uber we believe that the future of urban transportation will be a mix of public transit and ridesharing, and that by encouraging residents to use a variety of options, we can all ride together to build a better Chicago.

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Ousted former U.S. attorney for SDNY to testify before House Judiciary Committee

Berman in October 2019 in New York City. Photo: Johannes Eisele/AFP via Getty Images

Geoffrey Berman, the former U.S. attorney for the Southern District of New York, is scheduled to testify to the House Judiciary Committee next week on the circumstances of his forced resignation, Politico reports, citing a congressional aide.

Why it matters: As the top federal prosecutor in Manhattan, Berman oversaw high-profile cases that worried and angered President Trump and his inner circle, including an investigation into his personal lawyer Rudy Giuliani. His removal has added to allegations by Democrats that Attorney General Bill Barr has politicized the Justice Department under President Trump.

Stimulus outlook takes a hit even as coronavirus cases skyrocket

Data: Bureau of Labor Statistics; Chart: Axios Visuals

The pandemic is getting worse, and the question is whether the economic recovery will go with it.

Why it matters: America adding 7.5 million jobs over the last two months pales in comparison to 20+ million lost over the two months prior.

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Texas governor mandates face masks in public spaces

Photo: Mario Tama/Getty Images

Texas Gov. Greg Abbott (R) issued an executive order Thursday requiring all Texans to wear a face covering in public in counties with 20 or more positive coronavirus cases.

Why it matters: It's a dramatic reversal by the Republican governor that underscores the severity of the outbreak in Texas, which set a single-day record on Wednesday with more than 8,000 confirmed new cases. On June 3, Abbott issued an executive order banning local governments from imposing fines on people who don't wear masks in public.