Mar 5, 2017

Collins: "There is not a consensus" on Obamacare replacement

J. Scott Applewhite / AP

Sen. Susan Collins gave a blunt reality check Sunday to GOP leaders' claims that all Republicans are on the same page on Obamacare replacement. "There is not a consensus," she said on CBS's Face the Nation. "This is very difficult to achieve the president's goals and the goals that many of us have of wanting to expand access to coverage and have a damper on the prices."

She made it clear that she still prefers the bill she's co-sponsoring with Sen. Bill Cassidy, which takes a different approach by letting states decide whether to keep Obamacare or scrap it. "It is very complicated. And we shouldn't rush it. We need to get this right," she said.

Why it matters: All of the focus lately has been on the difficulty of getting conservative House Republicans to vote for the emerging GOP bill — but Collins' comments are a reminder that the Senate will be an even tougher sell, for moderates as well as conservatives.

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#MeToo gets Weinstein

A man carries out Weinstein's walker. Photo: Johannes Eisele/AFP/Getty Images

Hollywood titan Harvey Weinstein is now a convicted rapist, two years and four months after accusations against him helped ignite the #MeToo movement.

Why it matters: To date, #MeToo has resulted in hundreds of powerful men losing their jobs. Seven have been criminally convicted, with four others still facing charges.

JPMorgan Chase to pull support for some fossil fuels

Illustration: Sarah Grillo/Axios

JPMorgan Chase said Monday that it won’t directly finance new oil and gas development in the Arctic and will significantly curtail its financing of the extraction and burning of coal.

Why it matters: JPMorgan is the world’s largest funder of fossil-fuel companies, according to a report by the Rainforest Action Network (RAN). The announcement follows similar moves by other big banks and investment firms, including Goldman Sachs and BlackRock.