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Michael Bloomberg on stage at The Robin Hood Foundation's 2018 benefit. Photo: Kevin Mazur/Getty Images for Robin Hood

The lobbying has started for the $80 million Michael Bloomberg plans to spend for House Democrats in the midterms.

What to watch: Rep. Seth Moulton (D-Mass.), a possible 2020 presidential candidate, wants it to go to military veterans who are running, reports the Boston Globe's Liz Goodwin.

  • "Moulton has contributed $1.9 million to nearly two dozen Democratic candidates with a military background whom he’s endorsed in the 2018 midterm cycle. ... He’s personally recruited several of them."
  • Bloomberg strategist Howard Wolfson told The Globe the recipients are still being determined, but will include at least some of Moulton's team.
  • Why it matters: "A vocal critic of House Democratic leader Nancy Pelosi, Moulton has raised his profile within the party by pushing for a 'new generation' of leadership and by recruiting and funding centrist, fresh-faced candidates to run in moderate and even red-leaning districts."

Go deeper

Kendall Baker, author of Sports
2 hours ago - Sports

2021 Tokyo Olympics hang in the balance

Illustration: Aïda Amer/Axios

10 months ago, the Tokyo Olympics were postponed. Now, less than six months ahead of their new start date, the dreaded word is being murmured: "canceled."

Driving the news: The Japanese government has privately concluded that the Games will have to be called off, The Times reports (subscription), citing an unnamed senior government source.

Biden's centrist words, liberal actions

Illustration: Sarah Grillo/Axios

President Biden talks like a soothing centrist. He promises to govern like a soothing centrist. But early moves show that he is keeping his promise to advance a liberal agenda.

Why it matters: Never before has a president done more by executive fiat in such a short period of time than Biden. And those specific actions, coupled with a push for a more progressive slate of regulators and advisers, look more like the Biden of the Democratic primary than the unity-and-restraint Biden of the general election.

3 hours ago - Technology

Review of Trump ban marks major turning point for Facebook

Photo Illustration: Aïda Amer/Axios. Photo: Saul Loeb/AFP via Getty Images

Facebook's decision to ask its new independent Oversight Board to review the company's indefinite suspension of former President Trump is likely to set a critical precedent for how the social media giant handles political speech from world leaders.

What they're saying: "I very much hope and can expect … that they will uphold our decision," Facebook's VP of global affairs Nick Clegg tells Axios.