Feb 27, 2018

Report: Corker confirms retirement, won't jump back into race

Photo: Zach Gibson / Getty Images

After reconsidering his decision to retire in recent weeks, Sen. Bob Corker (R-Tenn.) says he will not run for reelection this fall, per Politico. Corker announced last year that he wouldn't seek to return to the Senate in 2018, opening up a war of words with President Trump — though the two have recently patched up their relationship.

And he was willing to listen to folks but he really believes the decision he made in September was the right one and is going to be leaving the Senate at the end of the year.
— Todd Womack, Corker's chief of staff, to Politico

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Driving the news: Trump’s comments came Friday during a televised portion of a meeting he hosted with industry CEOs to discuss ways to help the sector. It’s reeling from a historic drop-off in demand with the world shutting down to slow the spread of the coronavirus.

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Illustration: Sarah Grillo/Axios

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  4. Oil latest: The amount of gasoline American drivers are consuming dropped to levels not seen in more than 25 years, government data shows.
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America's small business bailout is off to a bad start

Illustration: Sarah Grillo/Axios

Websites have crashed, phones are jammed and confusion reigns as businesses rushed at today's kickoff to get their chunk of the $350 billion Paycheck Protection Program.

Why it matters: This is a race to save jobs in the present and the future, and to ensure that as many workers as possible keep their benefits and paychecks during the coronavirus lockdown.