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Sen. Elizabeth Warren at a campaign rally at the University of Iowa last month. Photo: Scott Olson/Getty Images

The finance director for Elizabeth Warren's 2020 presidential campaign resigned after an internal clash over the candidate’s decision last month not to host big-money fundraisers or solicit donations from wealthy donors, the New York Times reports.

The big picture: Though it's unclear when exactly finance director Michael Pratt resigned, news of his departure comes just ahead of Sunday's first-quarter fundraising deadline. The Times reports that Warren is lagging behind her competitors and has struggled to raise campaign dollars, even as she leads the Democratic field in putting forth bold new policy proposals. Warren has reportedly transferred $10 million from her Senate campaign account.

Details: Pratt resigned after a Valentine's Day meeting in Washington that "grew heated," in which he argued that cutting off the “significant cash stream” would put the campaign at risk of collapsing, per the Times.

  • "He pointed out that winning over wealthy fund-raisers across the country helped build networks that could translate into political support, not just checks. But Mr. Pratt lost the argument to two of Ms. Warren’s closest advisers, Dan Geldon and Joe Rospars, who made the case about standing apart from the field and freeing up her schedule," the Times reports.

Go deeper: Elizabeth Warren's slow start

Go deeper

Updated 35 mins ago - Health

The case for Operation Warp Speed 2.0

Illustration: Annelise Capossela/Axios

Omicron's blitz around the world has underscored the need for a new arsenal of COVID vaccines and therapeutics, experts say — and that may require an effort akin to Operation Warp Speed 2.0.

Why it matters: The virus will continue to evolve, potentially in a way that further escapes vaccine protection, and the best way to prevent more global disruptions to everyday life is to have tools ready to combat whatever comes next.

Ina Fried, author of Login
1 hour ago - Technology
Column / Signal Boost

Microsoft's metaverse maneuvering

Illustration: Annelise Capossela/Axios

Microsoft is pitching investors and regulators that its $68 billion Activision Blizzard deal is all about the metaverse, that nebulous buzzword taking the tech world by storm.

What they're saying: By my colleague Stephen Totilo's count, Nadella used the word "metaverse" at least five times in his conference call discussing the deal. Activision Blizzard CEO Bobby Kotick mentioned the metaverse four times, while Microsoft gaming chief Phil Spencer used the term twice.

Women in same-gender partnerships face a double pay gap

Expand chart
Data: The Hamilton Project; Chart: Kavya Beheraj/Axios

A married female couple will bring home lower wages, on average, than an opposite-gender married couple or a same-gender male couple.

Why it matters: Women in same-gender partnerships can experience (at least) two kinds of discrimination, based on their gender and on their sexual orientation.

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