Get the latest market trends in your inbox

Stay on top of the latest market trends and economic insights with the Axios Markets newsletter. 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!

Denver news in your inbox

Catch up on 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!

Des Moines news in your inbox

Catch up on 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!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Minneapolis-St. Paul

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa-St. Petersburg news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa-St. Petersburg

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!

Representative Blake Farenthold (R-TX). Photo: Larry French / Getty Images

Texas Congressman Blake Farenthold has resigned Friday, months after news broke about an $84,000 settlement he made with his former communications director who claimed he sexually harassed her in 2014.

The big picture: He was already planning not to run for re-election, but said in a statement that he knows "in [his] heart it’s time for me to move along and look for new ways to serve." Farenthold was being investigated by the House Ethics Committee, meanwhile additional allegations surfaced about the "intensely hostile environment" he created in his office.

WASHINGTON – Congressman Blake Farenthold (R-Texas) issued the following statement Friday regarding his resignation from Congress.

“Since being elected to Congress in 2010, I’ve worked to make government more efficient and responsive, cut government spending, repeal Obamacare, protect life and reduce the debt. Locally, I’ve worked tirelessly to get federal funding for the widening and deepening project at the Port of Corpus Christi and help our other area ports and military facilities. I’ve also been extremely successful in working with our communities on recovering from Hurricane Harvey. Most importantly, I’ve been able to help countless people, especially veterans with their problems with the federal government.

While I planned on serving out the remainder of my term in Congress, I know in my heart it’s time for me to move along and look for new ways to serve.

Therefore, I sent a letter to Governor Greg Abbott today resigning from the House of Representatives effective at 5:00 p.m. today, April 6, 2018.

It’s been an honor and privilege to serve the constituents of Texas’ 27th Congressional District. I would like to thank my staff both in Washington and Texas for all of their hard work on behalf of our constituents. I would also like to thank my family for their unwavering support and most importantly the people that elected me.

Leaving my service in the House, I’m able to look back at the entirety of my career in public office and say that it was well worthwhile.”

Constituent services by the Congressman’s Red Tape Cutters, academy nominations and other services will continue under the supervision of the Clerk of the House.

Go deeper

Broncos and 49ers the latest NFL teams impacted by coronavirus crisis

From left, Denver Broncos quarterbacks Drew Lock, Brett Rypien and Jeff Driskel during an August training session at UCHealth Training Center in Englewood, Colorado. Photo: Justin Edmonds/Getty Images

The COVID-19 pandemic has thrown the NFL season into chaos, with the Denver Broncos' quarterbacks sidelined, the San Francisco 49ers left without a home or practice ground and much of the Baltimore Ravens team unavailable, per AP.

Driving the news: The Broncos confirmed in a statement Saturday night that quarterbacks Drew Lock, Brett Rypien and Blake Bortles were identified as "high-risk COVID-19 close contacts" and will follow the NFL's mandatory five-day quarantine, making them ineligible for Sunday's game against New Orleans.

Updated 5 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Health: WHO: AstraZeneca vaccine must be evaluated on "more than a press release."
  2. Politics: McConnell temporarily halts in-person lunches for GOP caucus.
  3. Economy: Safety nets to disappear in DecemberAmazon hires 1,400 workers a day throughout pandemic.
  4. Education: U.S. public school enrollment drops as pandemic persists.
  5. Cities: Surge in cases forces San Francisco to impose curfew — Los Angeles County issues stay-at-home order, limits gatherings.
  6. Sports: NFL bans in-person team activities Monday, Tuesday due to COVID-19 surge — NBA announces new coronavirus protocols.
  7. World: London police arrest more than 150 during anti-lockdown protests — Thailand, Philippines sign deal with AstraZeneca for vaccine.

Tony Hsieh, longtime Zappos CEO, dies at 46

Tony Hsieh. Photo: FilmMagic/FilmMagic

Tony Hsieh, the longtime ex-chief executive of Zappos, died on Friday after being injured in a house fire, his lawyer told the Las Vegas Review-Journal. He was 46.

The big picture: Hsieh was known for his unique approach to management, and following the 2008 recession his ongoing investment and efforts to revitalize the downtown Las Vegas area.