Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

Facebook says it plans to temporarily stop running all social issue, electoral, or political ads in the U.S. after the polls close on November 3.

Why it matters: The notice comes two weeks after Google informed its advertisers that it would implement a similar rule.

Details: Facebook says the goal of the new policy is to reduce opportunities for public confusion about results or messages that misinform the public about election outcomes.

  • Facebook says advertisers can expect this ban to last for a week, although the timeline is subject to change.
  • It says it will notify advertisers when the new policy is lifted. (For context, Google says it will take at least 7 days for its political ad ban to be lifted after election day, thanks to the likelihood that election results will take longer to tally thanks to pandemic-driven absentee ballots.)

The company says it will also update its policies to ban implicit calls by users to engage in malicious "poll watching" — visiting a polling place to intimidate voters.

  • In the past, says Monika Bickert, Facebook's VP of content policy, Facebook had banned explicit calls for such behavior.
  • It's now banning posts that "use militarized language" or "suggest that the goal is to intimidate, exert control, or display power over election officials or voters."
  • Bickert says her team will be looking at this type of content and making decisions about it. She says Facebook has been looking at this policy update for many months.

The big picture: Facebook has incrementally made updates to its political advertising policies leading up to election day.

  • In September, the company said it would not allow ads that prematurely claim victory or attempt to delegitimize the election.
  • Earlier that month, it said it would place restrictions on new political and issue ads the final week of the campaign,

On Wednesday, Facebook's VP of integrity Guy Rosen explained why the new policy has been introduced so late and after the company said it likely wouldn't be amending any more policies related to the election.

  • "We're still going through planning and understanding of different scenarios drawing on learnings from different elections, and scenario planning continues to be underway. We thought it would be appropriate to introduce new measures as we head into the final stretch and we think about the period after the election itself."

Be smart: Civil rights groups have argued that Facebook has not been quick enough to take action on misinformation and abuse on its platform compared to its rivals.

  • Facebook has pushed back on that, saying that it's "simply untrue."
  • In Wednesday's announcements, Facebook aimed to keep peace with those groups, saying, "We thank the civil rights experts and community members who continue to help us understand trends in this area and we look forward to continuing to work with them."

Go deeper

Jan 14, 2021 - Politics & Policy

Exclusive: Over 1,000 brands ran ads alongside election misinformation

Illustration: Rebecca Zisser/Axios

A new report from NewsGuard, a service that uses trained journalists to rate news and information sites, found that from Oct. 1 through Jan. 12, nearly every major brand in America inadvertently ran automated ads on websites that peddled election conspiracies and misinformation.

Why it matters: The chaotic nature of the modern news cycle and digital advertising landscape has made it nearly impossible for brands to run ads against quality content in an automated fashion without encountering bad content.

55 mins ago - Politics & Policy

Senate Democrats settling on 25% corporate tax rate

Sen. Joe Manchin (D-W.Va.). Photo: Chip Somodevilla/Getty Images

The universe of Democratic senators concerned about raising the corporate tax rate to 28% is broader than Sen. Joe Manchin, and the rate will likely land at 25%, parties close to the discussion tell Axios.

Why it matters: While increasing the rate from 21% to 25% would raise about $600 billion over 15 years, it would leave President Biden well short of paying for his proposed $2.25 trillion, eight-year infrastructure package.

GOP pivot: Big business to small dollars

Illustration: Annelise Capossela/Axios

Republican leaders turned to grassroots supporters and raked in sizable donations after corporations cut them off post-Jan. 6.

Why it matters: If those companies hoped to push the GOP toward the center, they may have done just the opposite by turning Republican lawmakers toward their most committed — and ideologically driven — supporters.

You’ve caught up. Now what?

Sign up for Mike Allen’s daily Axios AM and PM newsletters to get smarter, faster on the news that matters.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!