Cliff Owen / AP

Congressional Democrats unveiled their "Better Deal" economic agenda for the working class at a press conference Monday.

  • "A handful of corporations have seized power in this country," Sen. Elizabeth Warren said. Part of the plan is to break up big companies if they're hurting consumers.
  • "We're gonna fight for rules to stop prescription drug price-gouging," Schumer said. Some states have already passed legislation requiring drug companies to be more transparent when raising prices.
  • "Better Deal" is "a phrase that intentionally evokes the New Deal," per Schumer.

Why it matters: Referring to President Trump's 2016 victory, Sen. Chuck Schumer said, "too many Americans don't know what we [Democrats] stand for," something they aim to change ahead of the 2018 midterms.

Bad timing: The Dems' press conference overlapped with Jared Kushner's White House statement, and got very little attention on cable news.

Go deeper

Americans reflect on Independence Day amid racism reckoning

A Black Lives Matter banner and a United States flag on the facade of the U.S. embassy building in Seoul, South Korea. Photo: Simon Shin/SOPA Images/LightRocket via Getty Images

America's leaders are rethinking how they view Independence Day, as the country reckons with the historic, unequal treatment of people of color during a pandemic which has disproportionately affected nonwhite Americans.

Why it matters: The country’s legacy of racism has come into sharp focus in the weeks of protests following the death of George Floyd while in Minneapolis police custody. From Confederate statues to Mount Rushmore, Americans are reexamining the symbols and traditions they elevate and the history behind them.

Updated 13 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 11,031,905 — Total deaths: 523,777 — Total recoveries — 5,834,337Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 2,788,395 — Total deaths: 129,306 — Total recoveries: 790,404 — Total tested: 34,213,497Map.
  3. States: ICU beds in Arizona's hot spot reach near capacity.
  4. Public health: The states where face coverings are mandatory Fauci says it has been a "very disturbing week" for the spread of the coronavirus in the U.S.
  5. Economy: The economy may recover just quickly enough to kill political interest in more stimulus.
15 hours ago - Sports

Washington Redskins to review team name amid public pressure

Photo: Patrick McDermott/Getty Images

The Washington Redskins have announced they will be conducting a review of the team's name after mounting pressure from the public and corporate sponsors.

Why it matters: This review is the first formal step the Redskins are taking since the debate surrounding the name first began. It comes after weeks of discussions between the team and the NFL, the team said.