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Lynne Sladky/AP

CEOs of America's largest airlines, along with representatives from FedEx, UPS, and the country's major airports, will meet with the President at the White House Thursday, Reuters reports.

These stakeholders would benefit most from big infrastructure spending on airports, as Donald Trump promised to do during the campaign. They have also borne the brunt of Trump's travel ban against seven Muslim-majority countries, with airline stocks falling more than 4% since the announcement of the ban.

Why it matters: The industry, especially representatives from logistics firms like FedEx, will push back against Trump's nationalist proposals like withdrawing from NAFTA and clamping down on travel and immigration. American Airlines' CEO called the travel ban "divisive," and will not be attending the meeting due to scheduling concerns.

So far, industry has made a big show of getting along with the President, out of support for the business-friendly aspects of his platform, and out of fear of feeling the powerful man's wrath. Watch to see if this trend continues Thursday, or if some business leaders use the opportunity to criticize the new Administration.

Go deeper

Updated 17 mins ago - Politics & Policy

Biden lays out $1.75 trillion "framework" before Europe departure

President Biden in Kearny, N.J., on Oct. 25. Photo: Michael M. Santiago/Getty Images

President Biden announced Thursday a "framework" for $1.75 trillion in social program and climate change spending after failing in prior efforts to win over his fellow Democrats on a much broader and costlier package.

Why it matters: Biden is gambling that by proclaiming the broad contours of the proposal, which he immediately began selling in a meeting with House Democrats before jetting off to Europe, progressives will vote for his $1.2 trillion infrastructure plan if and when House Speaker Nancy Pelosi brings it to the floor.

Economy slows in third quarter amid Delta variant

Data: FRED; Chart: Axios Visuals

The U.S. economy increased at an annual rate of 2% in the third quarter, the Department of Commerce said Thursday.

Driving the news: The gross domestic product figures for July through September come in much lower than the 6.7% increase in the second quarter, reflecting the "continued economic impact of the COVID-19 pandemic," according to the Bureau of Economic Analysis at the Department of Commerce.

Top Dem says Big Oil put Earth on "brink" of catastrophe

Illustration: Annelise Capossela/Axios

Don't expect a sedate House hearing Thursday on allegations that Big Oil has intentionally sown doubt about climate change.

What they're saying: "For far too long, Big Oil has escaped accountability for its central role in bringing our planet to the brink of a climate catastrophe. That ends today," Rep. Carolyn Maloney, chairwoman of the House Oversight and Reform Committee, intends to say in her opening remarks shared with Axios.

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