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President Trump "should be ashamed of himself" for saying white nationalists are a small group of people, Former Colorado Gov. and 2020 Democratic hopeful John Hickenlooper told a CNN town hall Wednesday.

What he's saying: "The rise of Islamophobia and white nationalism are different sides of the same coin," Hickenlooper said, referring to Trump's remarks made after the fatal New Zealand attacks. "Anytime you are making comments and creating, fanning the flames of hatred, then you're doing a genuine harm to your community."

Details: During a wide-ranging town hall moderated by Dana Bash in Atlanta, Georgia, Hickenlooper said his centrist approach had helped bring groups such as environmentalists and oil and gas industry reps together when he was governor of Colorado. He believes that's why he's the best candidate to defeat Trump.

On the death penalty: Hickenlooper spoke out against the death penalty and said he would not carry it out. "It’s not a deterrent," he said. "It’s expensive. It prolongs misery, and the worse thing is it is random.”

On gun control: Hickenlooper pointed to his record as governor of Colorado, where he introduced weapons regulations.

On healthcare: He said healthcare should be a "right, not a privilege," but he doesn't believe it can be achieved via single-payer healthcare.

Go deeper: John Hickenlooper: Everything you need to know about the 2020 candidate

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Ford names James Farley as new CEO amid ongoing turnaround effort

James Hackett, left, is retiring as Ford CEO. Jim Farley, right, takes over Oct. 1. Photo: Ford

Ford announced Tuesday that James Farley will take over as its next CEO, replacing James Hackett, 65, who is retiring after three years in the job.

Why it matters: It leaves Farley to complete the company's ongoing turnaround effort. The transition will be that much harder as the industry tries to navigate the coronavirus-induced economic slowdown which shuttered Ford plants for two months on the eve of some of its most important vehicle launches.

Updated 2 hours ago - Politics & Policy

Watch the full "Axios on HBO" interview with President Trump

In this episode of “Axios on HBO”, President Trump discusses his handling of the coronavirus pandemic, the upcoming election and much more with National Political Correspondent Jonathan Swan.

The interview was filmed on Tuesday, July 28 and aired Monday, Aug. 3 on HBO.

Mergers and acquisitions make a comeback

Illustration: Sarah Grillo/Axios

A slew of high-profile headlines led by Microsoft's expected acquisition of social media video app TikTok helped bring the Nasdaq to another record high on Monday.

Why it matters: The mergers-and-acquisitions market looks like it's bouncing back, joining the revived credit and equity markets as well as the market for new public companies through IPOs and special purpose acquisition companies (SPACs).