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Sen. Bob Menendez. Photo: Tasos Katopodis/Getty Images

A massive year-end deal to fund the government and provide coronavirus relief, which is expected to pass Congress later Monday, will establish a National Museum of the American Latino and American Women's History Museum as part of the Smithsonian Institution.

Why it matters: Earlier this month, Sen. Mike Lee (R-Utah) blocked separate legislation that would have created the two museums despite broad bipartisan support.

  • The Smithsonian Institution operates more than a dozen museums and galleries, but none are dedicated to the contributions and history of Latino Americans and women.

What they're saying: “Building a Smithsonian Women’s History Museum, a testament to the women who helped build and shape this nation, has been years in the making and I am thrilled that we are finally set to pass this historic legislation,” Rep. Carolyn Maloney (D-N.Y.), who sponsored the House version of the women's history museum bill, said in a statement Monday.

“For too long, women’s stories have been left out of the telling of our nation’s history, but with this vote, we begin to rectify that. Americans of all ages deserve to see and be inspired by the remarkable women who helped shape this nation – seeing role models doing the thing to which we aspire, can change the course of someone’s life."
— Rep. Carolyn Maloney (D-N.Y.)
  • Sen. Bob Menendez, who sharply criticized Lee for blocking the previous bill, called the inclusion of a Latino history museum in the legislation a "big win."
  • "We will finally have a Latino Museum that elevates our stories & history," Menendez tweeted Monday.
A tweet previously embedded here has been deleted or was tweeted from an account that has been suspended or deleted.

Go deeper

Updated Jan 28, 2021 - Axios Events

Watch: The future of financial inclusion

On Thursday, January 28, Axios' Dan Primack hosted a conversation on financial inclusion in the global economy, featuring Sen. Tina Smith (D-Minn.) and Institute for Women's Policy Research CEO C. Nicole Mason.

Sen. Tina Smith discussed the impact of the COVID-19 pandemic, uneven access to technology, and the role of systemic racism in growing economic inequities.

  • On what she thinks will be the most effective way to move the needle on financial equity: "Raising the minimum wage to $15 an hour...is one of the biggest things that we can do to address the wage inequality and savings potential for people of color in this country."
  • On Democrats' economic goals going into the new administration: "Addressing this kind of discrimination in financial services and creating more opportunities for people of color to get access to banking services, loans, access to capital is a big priority for us as [Democrats] move into the majority."

C. Nicole Mason discussed how job losses during the pandemic reflect existing gender and racial inequities, as well as the disproportionate burden of childcare on women.

  • On the scale of job losses for women: "Since the start of the pandemic, women have exited the workforce at four times the rate of men, so about 11 million women since the start of the pandemic have lost their jobs or exited the workforce."
  • On childcare as an equity issue: "With the pandemic, the burden [of childcare] doubled and tripled...We need a national childcare infrastructure where we keep up childcare as a public good and people can access it regardless of their income or ability."

Axios co-founder and CEO Jim VandeHei hosted a View from the Top segment with Executive Vice President and Chief Executive Officer of Europe, Visa Charlotte Hogg, who discussed digital and financial inclusion as a component of economic equity during the pandemic.

  • "We have to think about inclusion as being digitally, financially included. [From] small businesses who are increasingly important in driving towards a more inclusive recovery and who need to be digitally enabled to participate in that, [to] consumers who for various reasons may be vulnerable."

Thank you Visa for sponsoring this event.

Justice Department asks Supreme Court to block Texas abortion ban

Abortion rights activists rally at the Texas State Capitol on Sept. 11, 2021, in Austin, Texas. Photo: Jordan Vonderhaar/Getty Images

The Justice Department on Monday asked the Supreme Court to temporarily block Texas' near-total ban on abortions while federal courts consider its constitutionality.

The big picture: The court last month allowed the ban to take effect, rejecting an emergency application by abortion-rights groups. The law bars the procedure after cardiac activity is detected, as early as six weeks into pregnancy.

Updated 1 hour ago - Health

This arthritis drug cost $198 in 2008. Now it's more than $10,000

Illustration: Aïda Amer/Axios

In 2008, a box of 30 anti-inflammatory rectal suppositories that treats arthritis, called Indocin, had a price tag of $198. As of Oct. 1, the price of that same box was 52 times higher, totaling $10,350.

Why it matters: As federal lawmakers continue to waver on drug price reforms, Indocin is another example of how nothing prevents drug companies from hiking prices at will and selling them within a broken supply chain.