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Photo:

Pressure on New York Gov. Andrew Cuomo (D) mounted on Thursday, as New York City Mayor Bill de Blasio joined 59 New York state lawmakers in calling for the governor's resignation in light of a sixth sexual harassment allegation.

Why it matters: Cuomo has refused to resign and insisted on waiting for the results of an independent investigation overseen by the New York attorney general. But with dozens of Democrats in the State Assembly now joining calls for his resignation, Cuomo could face impeachment if he refuses to step down, per NY1.

What they're saying: In a statement, the 55 Democratic lawmakers said Cuomo has "lost the confidence of the public and the state legislature, rendering him ineffective in this time of most urgent need."

  • The lawmakers said they trust New York Attorney General Letitia James to oversee an independent investigation, but that "[i]n the meantime, the governor needs to put the people of New York first" and resign.
  • During a press conference Thursday, de Blasio — who has frequently butted heads with Cuomo — called the mounting allegations against the governor "disgusting to me," Politico reports. "He can no longer serve as governor. It's as simple as that."

What's next: New York State Assembly Speaker Carl Heastie issued a statement Thursday saying, "In light of the allegations concerning the governor over the last several weeks, I will be meeting with members in conference today on potential paths forward."

Go deeper

21 mins ago - Health

NYC to impose vaccine mandate on private employers

New York City Mayor Bill de Blasio (D) announced a new COVID vaccine mandate for private companies during a Monday interview with MSNBC's "Morning Joe."

Why it matters: De Blasio said it was a "first-in-the-nation measure" and will go into effect starting Dec. 27.

D.C.-Beijing tensions are shifting markets

Illustration: Aïda Amer/Axios

U.S. markets stand to lose $2 trillion in value if D.C. and Beijing drift further apart.

Why it matters: Political chasms are showing up in new securities regulations that put companies and investors in a bind. The rules are also another reflection of how much relations between the world’s largest economies have cooled, even as they remain economically interdependent. 

3 hours ago - Health
Axios Investigates

Documents reveal the secrecy of America's drug pricing matrix

Illustration: Aïda Amer/Axios

American businesses spend hundreds of billions of dollars a year on prescription drugs, and the bills keep getting bigger. But some of the companies promising to help rein in those costs prevent employers from looking under the hood.

Why it matters: Documents provided to Axios reveal a new layer of secrecy within the maze of American drug pricing — one in which firms that manage drug coverage for hundreds of employers, representing millions of workers, obscure the details of their work and make it difficult to figure out whether they're actually providing a good deal.

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