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Illustration: Aïda Amer/Axios

A new poll from Harvard Kennedy School's Institute of Politics found 40% of millennials (18- to 29-year-olds) are likely to vote in the midterm elections on Nov. 6.

Why it matters: Millennials overwhelmingly lean Democrat, and many Democrats are hoping young voters will help build their "blue wave" on election night. The Harvard poll found among those millennials likely to vote, they prefer Democrats to control Congress by a 34-point margin (66% to 32%).

By the numbers: Midterm turnout among voters under 30 has only exceeded 20% in two elections since 1986, when it reached 21% that year and again in 1994.

  • Interest in voting among millennials has increased by three percentage points since Harvard's poll last spring.
  • While interest among millennials of both parties has increased since then, the share of Republican millennials who are likely to vote shot up by 7 percentage points since the spring, compared to a three-point spike for Dems.
  • President Trump's approval rating is 25% among likely millennial voters — 17 percentage points lower than his national average.

One more thing: A majority of millennials support the Democratic socialist agenda — 56% support a federal jobs guarantee with a $15 minimum wage; 56% support free tuition at public and community colleges; and 55% support Medicare for All.

Go deeper: At least 600 millennials are running for office in 2018.

Go deeper

21 mins ago - Health

FDA panel backs Merck's antiviral COVID pill

The Merck Cherokee Plant in Riverside, Pennsylvania. Photo: Paul Weaver/SOPA Images/LightRocket via Getty Images

A Food and Drug Administration advisory panel on Tuesday voted 13-10 to endorse an antiviral pill developed by Merck and Ridgeback Biotherapeutics to treat adults at high risk of becoming severely ill from COVID-19, despite concerns over its effectiveness and safety.

Why it matters: Oral antiviral drugs designed to prevent or treat COVID-19 could be key pandemic-fighting tools, if proven effective, especially as new variants emerge. If authorized, the Merck drug, known as molnupiravir, would be the first treatment of its kind to be made available in the United States.

Shooting at Michigan high school leaves 3 dead, 6 wounded

Screengrab: CBSN

Three people dead and six others are wounded after a shooting at a high school in Michigan according to the Oakland County Sheriff's Office.

Driving the news: The alleged shooter was a 15-year-old sophomore at Oxford High School and has been arrested, per police.

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.