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Rep. Donna Shalala. Photo: Jacquelyn Martin-Pool/Getty Images

Rep. Donna Shalala (D-Fla.) told CBS Miami on Wednesday that she made a mistake by not reporting at least six stock sales she made after she was elected to the House in 2018.

Why it matters: The transactions were only revealed when House Speaker Nancy Pelosi appointed Shalala to a committee conducting oversight on the hundreds of billions of dollars being provided to companies through the coronavirus relief bill.

Catch up quick: After she was elected to Congress in November 2018, Shalala sold off stocks in companies like Boeing, Alaska Airlines, Chevron, Conoco, and AMC, the Miami Herald first reported.

  • Shalala said she did so to avoid potential conflicts of interest, but she did not disclose them within 45 days, as is required by the STOCK Act.
  • “It was my mistake and I take full responsibility,” Shalala told CBS Miami Wednesday. “I missed the deadlines. And I have to take responsibility, personal responsibility for doing that. No one else is responsible except for me.”

What to watch: Shalala said she doesn't believe the revelations will change her standing on the committee. She added that she contacted the House Ethics Committee and is open to an inquiry and whatever disciplinary action they deem necessary.

  • “Whatever they think is appropriate,” Shalala said. “Whether it’s a financial penalty or anything else. I’m really sorry I missed those deadlines in the process of trying to do the right thing.”

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Rail's big moment is arriving

Illustration: Sarah Grillo/Axios

Passenger rail could be the big winner if Congress moves ahead with President Biden's ambitious infrastructure plan.

Why it matters: There's long been bipartisan support for rebuilding America's crumbling infrastructure, but under Biden, the focus has shifted to sustainable projects that fulfill both his climate and equity goals, such as rail transit.

Scoop: Border officials project 13,000 child migrants in May

The "El Chaparral" border crossing at Tijuana. Photo: Stringer/Picture Alliance via Getty Images

A Customs and Border Protection staffer told top administration officials Thursday the agency is projecting a peak of 13,000 unaccompanied children crossing the border in May, sources directly familiar with the discussion told Axios.

Why it matters: That projection would exceed the height of the 2019 crisis, which led to the infamous "kids-in-cages" disaster. It also underscores a rapidly escalating crisis for the Biden administration.

9 hours ago - World

U.S. strikes Iran-backed militia facilities in Syria

President Biden at the Pentagon on Feb. 10. Photo: Alex Brandon - Pool/Getty Images

The United States on Thursday carried out an airstrike against facilities in Syria linked to an Iran-backed militia group, the Pentagon announced.

The state of play: The strike, approved by President Biden, comes "in response to recent attacks against American and Coalition personnel in Iraq, and to ongoing threats to those personnel," Pentagon press secretary John Kirby said in a statement.