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Photo: Drew Angerer/Getty Images/Bloomberg via Getty Images

Sen. Marco Rubio (R-Fla.) will call for Republicans to break up with Big Business when he addresses the National Conservatism Conference on Monday, Axios has learned.

Why it matters: Rubio is seeking re-election in one of the most high-profile and expensive races of the 2022 cycle. He's using this speech to differentiate himself from traditional economic conservatism by branding himself as a leading proponent of the working class.

  • "There would be a lot less craziness in America’s corporations if the people voting their shares were actually firefighters and teachers, rather than their union bosses or Wall Street," Rubio will say, based on a prepared text of his remarks.
  • "Promising to cut more regulations and corporate taxes will garner the applause of campaign donors and glowing coverage in media outlets focused on the stock market."
  • "But it leaves millions of hard-working Americans who do not want a 'woke' socialist America with no voice in our politics, and no answers to their problems."

The big picture: Among those vying for Florida's Democratic Senate nomination is Rep. Val Demings (D-Fla.). Should Rubio win re-election next year, his victory and branding would help position him for another potential presidential run in 2024.

  • The speech also provides a glimpse into how some Republicans will approach the midterms and 2024: criticize the Biden administration and the embrace of so-called "Marxist-style" policies by Democrats.
  • The conference in Orlando, Florida, will host other prominent Republicans too.
  • They include Sens. Ted Cruz (R-Texas) and Josh Hawley (R-Mo.), both potential 2024 presidential candidates, Ohio Senate candidate J.D. Vance and tech billionaire and GOP booster Peter Thiel.

Details: Rubio's speech is titled, “We Need Corporate Patriotism to Defeat American Marxism."

  • He'll call for a requirement that company boards are committed to U.S. national interest and devoid of conflicts of interest with nations such as China.
  • Rubio will contrast that with what he says are "requirements that companies’ board of directors be sufficiently 'diverse,' like what the Biden administration is pushing."
  • "More challenging," Rubio is expected to say, "is how to take power away from big institutional shareholders that use regular retirees’ savings to push 'woke' policies at corporations by voting in corporate elections on their behalf."
  • He'll argue the solution is that institutional shareholders transmit the votes of their clients — like the firefighters and teachers he described — instead of casting votes on their behalf.

Go deeper

Rep. Jeffries demands filibuster reform to pass voting rights bill

Photo: "Axios on HBO"

Rep. Hakeem Jeffries (D-N.Y.) told “Axios on HBO" that the “integrity of our democracy” is at stake without federal voting rights legislation, and the Senate must seriously consider filibuster reform if it can’t get 60 votes to pass it next year.

What they’re saying: “It's an open question as to whether we can get to 60 votes in the Senate on voting. And if we can't, then the Senate is going to have to make some decisions as it relates to filibuster reform,”Jeffries said.

1 hour ago - World

Scoop: Iran preparing to enrich weapons-grade uranium, Israel warns U.S.

Iranian President Ebrahim Raisi holds a press conference. Photo: Presidency of Iran handout via Getty

Israel has shared intelligence over the past two weeks with the U.S. and several European allies suggesting that Iran is taking technical steps to prepare to enrich uranium to 90% purity — the level needed to produce a nuclear weapon, two U.S. sources briefed on the issue tell me.

Why it matters: Enriching to 90% would bring Iran closer than ever to the nuclear threshold. The Israeli warnings come as nuclear talks resume in Vienna, with Iran returning to the negotiating table on Monday after a five-month hiatus.

Biden: Fight against Omicron won't include "shutdowns or lockdowns"

Photo: Mandel Ngan/AFP via Getty Images

President Biden on Monday said that the new coronavirus variant, Omicron, is "a cause for concern, not a cause for panic."

Driving the news: Biden said later this week the administration will be releasing a strategy on how "we're going to fight COVID this winter. Not with shutdowns or lockdowns, but with more widespread vaccinations, boosters, testing and more."