Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Former Secretary of State Hillary Clinton on Watch What Happens Live with Andy Cohen. Photo: Charles Sykes/Bravo/NBCU Photo Bank via Getty Images

Former Secretary of State Hillary Clinton has raised $2 million for 2020 candidate Joe Biden's joint fundraising committee with the Democratic National Committee at a virtual event, Politico reported Wednesday night.

Why it matters: Per Politico, it's a record haul for a Biden surrogate at a single event with the former vice president not in attendance. President Trump's campaign has raised much more than Biden's. But the Democrat has made significant fundraising gains in the past two months, and the new DNC pact is another boost.

  • The partnership with the DNC announced last month allows individual donors to contribute up to $360,600 — a huge jump from the $5,600 maximum that an individual can donate to his campaign.

By the numbers: Federal Election Commission fundraising data for April released Monday shows Trump's re-election campaign raised with the Republican National Committee $61.7 million.

  • Biden's campaign and the DNC raised $60.5 million for the same period. Biden's campaign alone raised $43.7 million of that amount — slightly less than his best monthly total of $46.7 million in March.
  • Politico notes that the "Trump operation said it had over $255 million in cash on hand at the end of last month," whereas Biden and the DNC have "$97.5 million in the bank." The fundraising total of the Democrats' joint committee has yet to be disclosed.

The bottom line: The Democrats will have to raise much more to catch the Republicans.

What to watch: Democrats expect former President Obama to draw during summer campaigning significantly more than Clinton's fundraising total from Tuesday's Zoom event.

  • "Obama is the kind of person who can make any Democrat give twice," a Democratic official told Politico.

Go deeper: GOP's small-dollar fundraising platform raises $60M in April

Go deeper

Pelosi: "I don't think that there should be any debates"

House Speaker Nancy Pelosi said Thursday she doesn't believe there should be any debates between President Trump and Joe Biden because she believes Trump "will probably act in a way that is beneath the dignity of the presidency."

Why it matters: Her statement isn't likely to make the Biden campaign happy, as the Trump campaign has attempted to paint Biden as senile and hoping to avoid a direct confrontation. Biden, however, has repeatedly said that he "can hardly wait" to debate the president.

Aug 27, 2020 - Politics & Policy

What to expect from Trump's RNC acceptance speech

Staging and lighting is set up on the South Lawn of the White House on August 24, 2020 in Washington, DC. Photo: Drew Angerer/Getty Images

On Night 4 of the Republican National Convention, President Trump will deliver a wildly different speech than the one Joe Biden gave last week.

What to watch: Trump will offer a blistering rebuke of Biden’s record and his decades as "a failed" elected official in a closing address that will declare November as a battle between “us vs. them,” campaign officials tell Axios.

Aug 28, 2020 - Politics & Policy

Trump casts Biden as vessel for "wild-eyed Marxists" in 70-minute RNC speech

Addressing a packed crowd on the White House South Lawn Thursday night, President Trump accepted the GOP nomination in a speech that painted Joe Biden as a "Trojan horse for socialism" who will not have "the strength to stand up to wild-eyed Marxists like Bernie Sanders and his fellow radicals."

Why it matters: "This is the most important election in the history of our country," Trump said in a refrain that Joe Biden and the Democratic Party have also stressed. "There has never been such a difference between two parties, or two individuals, in ideology, philosophy, or vision than there is right now."