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U.S. Secretary of Education Betsy DeVos in the White House in August 2020. Photo: Nicholas Kamm/AFP via Getty Images

Education Secretary Betsy DeVos submitted her resignation to President Trump Thursday night, a day after "March for Trump" protesters invaded the U.S. Capitol building, a senior White House official with direct knowledge of her letter tells Axios.

Why it matters: DeVos is the second Cabinet secretary to exit the administration in the wake of the deadly Capitol riot. Former Transportation Secretary Elaine Chao submitted her resignation this week, effective Monday, Jan. 11.

What she's saying: "Impressionable children are watching all of this, and they are learning from us," DeVos said in her letter.

  • “There is no mistaking the impact your rhetoric had on the situation, and it is the inflection point for me.”
  • "I believe we have a moral obligation to exercise good judgment and model the behavior we hope they would emulate. They must know from us that America is greater than what has transpired yesterday."
  • "To that end, today I resign from my position, effective Friday, January 8, in support of the oath I took to our Constitution, our people, and our freedom."

Of note: Chao and DeVos are the longest-serving members of the Cabinet based on their respective confirmation dates.

The bottom line: With 13 days left in office, Trump has lost complete control of his party.

Go deeper: Republicans turn on Trump after mob violence at the Capitol

Go deeper

Off the Rails

A premeditated lie lit the fire

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

"Jared, you call the Murdochs! Jason, you call Sammon and Hemmer!”

President Trump was almost shouting. He directed his son-in-law and his senior strategist from his private quarters at the White House late on election night. He barked out the names of top Fox News executives and talent he expected to answer to him.

Off the Rails

Last stand in Georgia

Photo illustration: Aïda Amer/Axios. Photo: Drew Angerer, Raymond Boyd/Getty Images

On Air Force One, President Trump was in a mood. He had been clear he did not want to return to Georgia, and yet somehow he'd been conscripted into another rally on the night of Jan. 4.

Dan Primack, author of Pro Rata
29 mins ago - Politics & Policy

Biden starts negotiating to raise capital gains tax rate

Illustration: Aïda Amer/Axios

President Biden wants to nearly double the capital gains tax paid by wealthy Americans, as first reported yesterday by Bloomberg and confirmed by Axios.

Counterintuitive: Biden's plan is better for private fund managers (hedge, PE, VC, etc.) than what he proposed during the campaign.