EU chief executive Jean-Claude Juncker. Photo: Frederick Florin/AFP via Getty Images.

In a wide-ranging speech on Wednesday, European Commission president Jean-Claude Juncker said the euro should rival the U.S. dollar as a reserve currency, the Financial Times reports. Juncker added that the bloc should not pay for energy imports with U.S. currency.

Why it matters: Juncker wants to limit the EU's financial dependence on the U.S. But, as Axios' Felix Salmon notes, without the European Central Bank's backing of this initiative, nothing like this can move forward. The ECB has remained neutral on this issue.

Clarification: This article has been updated to clarify that Juncker wants the euro to be a reserve currency, and replace the dollar when it comes to big European imports.

Go deeper

Democrats' mail voting pivot

Illustration: Sarah Grillo/Axios

Democrats spent the early months of the coronavirus pandemic urging their base to vote absentee. But as threats of U.S. Postal Service delays, Team Trump litigation and higher ballot rejection rates become clearer, many are pivoting to promote more in-person voting as well.

Why it matters: Democrats are exponentially more likely to vote by mail than Republicans this year — and if enough mail-in ballots are lost, rejected on a technicality or undercounted, it could change the outcome of the presidential election or other key races.

New interactive tool shows Biden's mail voting danger

Data: SurveyMonkey; Chart: Danielle Alberti/Axios

Voters who disapprove of President Trump most strongly are by far the most likely to vote by mail in the presidential election, according to an Axios analysis of exclusive data from SurveyMonkey and Tableau.

Why it matters: The new data shows just how strongly the mail-in vote is likely to favor Joe Biden — with potentially enormous implications in the swing states due to the greater risk of rejection with mail ballots.

Caitlin Owens, author of Vitals
50 mins ago - Health

Reopening the ACA debate is politically risky for GOP

Data: Kaiser Family Foundation, The Cook Political Report; Notes: Those losing insurance includes 2020 ACA marketplace enrollment and 2019 Medicaid expansion enrollment among newly-eligible enrollees. Close races are those defined as "Toss up" or "Lean R/D"; Table: Andrew Witherspoon/Axios

The sudden uncertainty surrounding the future of the Affordable Care Act could be an enormous political liability for Republicans in key states come November.

Between the lines: Millions of people in crucial presidential and Senate battlegrounds would lose their health care coverage if the Supreme Court strikes down the law, as the Trump administration is urging it to.

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