Sep 24, 2017

Cruz: Graham-Cassidy doesn't "have my vote" yet

Sen. Ted Cruz arrives at the Senate floor for a vote. Photo: J. Scott Applewhite / AP

"Right now they don't have my vote, and I don't think they have Mike Lee's either," Sen. Ted Cuz said about the Graham-Cassidy bill at the 2017 Texas Tribune Festival. He'll support the bill depending on "what's in it," Cruz said, calling the Sept. 30 deadline "bogus." Republicans can afford to lose two of their own and pass the bill, and three are already against it — though Rand Paul said today there's a way he could get to "Yes".

Yes, but: There's likely a bit of posturing involved here for Cruz. With the bill in limbo, it's easier to sit on the fence than take a firm stance.

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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.