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Photo: Robyn Beck/AFP/Getty Images

Sens. Bernie Sanders and Elizabeth Warren took opposite positions on President Trump's North American trade deal, with Warren saying she would vote for it whereas Sanders said he would not.

What they're saying: Sanders has consistently criticized the trade agreement, known as USMCA, because it does not address climate change on any level. Warren argues starting with this trade deal is a modest improvement worth exploring.

The exchange:

Sanders: "Every major environmental organization has said 'no' to this new trade agreement because it does not even have the phrase 'climate change' in it. And given the fact that climate change is right now the greatest threat facing this planet, I will not vote for a trade agreement that does not incorporate very, very strong principles to significantly lower fossil fuel emissions in the world."

Warren: "This new trade deal is a modest improvement. Senator Sanders himself has said so. It will give some relief to our farmers, it will give some relief to our workers. I believe we accept that relief, we try to help the people who need help, and we get up the next day and fight for a better trade deal."

Sanders: "Well, I think that it is not so easy to put together new trade legislation. If this is passed, I think it will set us back a number of years."

Go deeper:

Go deeper

Fed signals it could yank economic support quicker as inflation sticks around

Federal Reserve chairman Jerome Powell testifies during a hearing before Senate Banking, Housing and Urban Affairs Committee today. Photo: Alex Wong/Getty Images

The Federal Reserve will consider pulling back economic support sooner "as the threat of persistently high inflation has grown," chair Jerome Powell said during a congressional hearing on Tuesday.

Why it matters: This is the biggest signal yet the Fed is backing away from its stance that soaring prices would be fleeting — a change that could shift its policies that underpin the economy.

Felix Salmon, author of Capital
Updated 1 hour ago - Economy & Business

Crypto meets the real world

Illustration: Megan Robinson/Axios

The two largest countries in the world seem intent on effectively banning their citizens from participating in crypto, which poses a serious threat to the crypto agenda.

Why it matters: The crypto world is global — but the real world is fragmented into nation-states, each of which claims control of what happens within its borders.

Meadows cooperating with House Jan. 6 select committee

Mark Meadows. Photo: Yuri Gripas/Bloomberg via Getty Images

Former White House Chief of Staff Mark Meadows is cooperating with the House select committee in charge of investigating the Jan. 6 Capitol insurrection, the panel said Tuesday.

Driving the news: Meadows, who failed to appear before the panel earlier this month, is believed to have insight into former President Trump's role in efforts to stop the certification of President Biden's election win.