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Sen. Elizabeth Warren at a rally in New York City. Photo: Lev Radin/Pacific Press/LightRocket via Getty Images

The consolidation of large corporations has been a popular target for presidential candidate Sen. Elizabeth Warren (D-Mass.), and now she's added big agricultural companies — such as Tyson and Smithfield — to the list of industries she wants to go after as president.

"I want Washington to work for family farmers again, not just for the agribusiness executives pocketing multi-million dollar bonuses or the Wall Street traders sitting at their desks speculating on the price of commodities."

The big picture: No matter how good the weather or how hard farmers work, they still received "less than 15 cents of every dollar that Americans spent on food," Warren wrote in a Medium post outlining her new plan.

Details:

  • Tackling corporate consolidation: Warren said she would appoint trustbusters to reverse competitive mergers, specifically the Bayer-Monsanto merger. Her team would be "committed to breaking up big agribusinesses that have become vertically integrated."
  • Changing the rules of agribusiness: Warren wants a national right-to-repair law that would allow family farmers to choose who repairs their equipment rather than being forced to go through an authorized agent. She also said she would to try to reform the federal government's administration of checkoff programs, which force farmers to pay a portion of their sales to the federal government to fund advertising campaigns. Warren says these programs have been used to "squeeze out competition" and that they are rife with corruption by boards that use them to fund lobbying campaigns.
  • American farmers first: Warren wrote that legislators in D.C. have "bowed to powerful foreign interests" by repealing the mandatory country-of-origin labels for meat products. The senator said she'd push for a reform of the law that other countries would have to accept. Warren supports a national version of an Iowa law that prohibits foreign individuals from buying land with the intent of using it for agriculture.

Go deeper: Elizabeth Warren: Everything you need to know about the 2020 candidate

Go deeper

22 mins ago - Health

Popular independent COVID tracker officially ends daily updates

Illustration: Sarah Grillo/Axios

The COVID Tracking Project, a volunteer group of data analysts, researchers, and journalists brought together by The Atlantic, published its final daily update on Monday — the one-year anniversary of its founding.

Why it matters: The project quickly became a vital resource for news media, academic researchers, and everyday Americans to track COVID-19 cases, hospitalizations, and deaths in the absence of reliable and public data from the federal government.

Ben Geman, author of Generate
1 hour ago - Politics & Policy

Energy and climate move closer to center stage on Capitol Hill

Illustration: Rebecca Zisser/Axios

The imminent enactment of Democrats' $1.9 trillion COVID-19 relief package creates space for lawmakers and the White House to craft infrastructure plans with big climate and energy-related provisions.

Why it matters: President Biden, during the campaign, vowed to make low-carbon energy, climate-resilient infrastructure and transportation projects a big focus of an economic recovery package. And the Texas power crisis could give fresh momentum to investments in grid modernization.

Dion Rabouin, author of Markets
3 hours ago - Economy & Business

The European Central Bank and the market's moment of truth

ECB president Christine Lagarde; Photo: Chip Somodevilla/Getty Images

The biggest event for markets this week will be Thursday's meeting of the European Central Bank's governing council and the press conference following it from ECB president Christine Lagarde.

Why it matters: With interest rates jumping around the globe, investors are looking to central bank heads to see if they will follow the lead of Fed chair Jerome Powell, who says rising rates are nothing to worry about, or Bank of Japan governor Haruhiko Kuroda, who has drawn a line in the sand on rates.