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Screenshot of the GoFundMe page.

A GoFundMe created to raise money for President Trump's border wall has raised over $11 million in four days, but that's a small fraction of its $1 billion goal.

Why it matters: Congress is in a stalemate over the border wall. The House passed a short-term funding that includes $5.7 billion for border security, but the Senate, which passed their own bill that did not include the amount of wall funding Trump has demanded, will likely shoot it down. President Trump said last week that he'd accept full responsibility for a shutdown over wall funding, but said this morning that Democrats will be to blame if the Senate fails to pass the House's bill.

Details: The man that started the fundraiser, triple-amputee veteran Brian Kolfage, cited a GoFundMe that helped raise money to repair the Washington Monument as his reasoning for starting his own fundraiser to help build the border wall, calling the two "no different."

"It's up to Americans to help out and pitch in to get this project rolling. ... We can do it, and we can help President Trump make America safe again!"

The other side: A counter-fundraiser has raised over $74,000 of a $100 million goal for ladders to get over the border wall. If either of the fundraisers' goals are not met, the ladder GoFundMe will donate its cash to the Texas-based nonprofit Refugee and Immigrant Center for Education and Legal Services (RAICES).

Go deeper

Felix Salmon, author of Capital
2 hours ago - Technology

Facebook's scandals have been great for shareholders

Expand chart
Data: YCharts; Chart: Axios

Facebook has been embroiled in scandal for the past five years, and while the specific allegations change over time, a central theme is constant. Given the choice between commercial and moral imperatives, Facebook always seems to choose the option that is best for the share price.

Why it matters: Facebook's stock chart supports that narrative. Since the 2016 scandals alleging that the social network was infiltrated by foreign actors trying to influence the outcome of democratic elections, Facebook's revenues — and its stock — have been soaring.

Biden to tap telecom trio for NTIA, FCC posts

Jessica Rosenworcel. Photo: Bill Clark/CQ Roll Call

President Joe Biden on Tuesday is expected to name Alan Davidson as head of the telecom arm of the Commerce Department, Jessica Rosenworcel as chairwoman of the Federal Communications Commission and Gigi Sohn as a commissioner at the FCC, according to a person familiar with the process.

Why it matters: Internet availability and affordability has been a key policy priority for the White House, but the administration lagged in tapping people for the agency posts that oversee the issues.

4 hours ago - Technology

Facebook seeks fountain of youth

Data: Piper Sandler Taking Stock With Teens Study; Chart: Axios Visuals

Facebook CEO Mark Zuckerberg on Monday said that the company is pivoting its strategy to focus on young adults, following reports that teens have fled its apps.

Why it matters: A series of stories based on leaked whistleblower documents suggest the company sees the aging of its user base as an existential threat to its business.