People gather to protest over high cost of living in Tehran, Iran on December 30, 2017. Photo: Stringer / Anadolu Agency / Getty Images

Mohammad Ali Jafari, the head of the IRGC, claimed without evidence Wednesday that protests against Iran's leadership and economic policies are over and the main "troublemakers" have been arrested, per CNN. 450 people have been arrested, per CNN, while 21 have died.

Why it matters: The IRGC is likely warning the protests must stop and "if they don't, the big guns will come out," Mara Karlin a Brookings fellow who has served in national security roles for five U.S. secretaries of defense, tells Axios. Per CNN, it remains to be seen whether the clashes are truly over, as protests are often staged after Friday prayers.

Go deeper

Commission releases topics for first presidential debate

Moderator Chris Wallace. Photo: Drew Angerer/Getty Images

Fox News anchor Chris Wallace has selected what topics he'll cover while moderating the first presidential debate between President Trump and former Vice President Joe Biden next week.

What to watch: Topics for the Sept. 29 debate will include Trump and Biden's records, the Supreme Court, COVID-19, economic policy, racism and the integrity of the election, the Commission for Presidential Debates announced on Tuesday. Each topic will receive 15 minutes of conversation and will be presented in no particular order.

Fed chair warns economy will feel the weight of expired stimulus

Treasury Secretary Steven Mnuchin and Fed Chair Jay Powell bump elbows before House hearing on Tuesday. Photo: Joshua Roberts/Pool/AFP via Getty Images

Federal Reserve Chairman Jerome Powell told the House Financial Services Committee on Tuesday that the expiration of Congress' coronavirus stimulus will weigh on the U.S. economy.

Why it matters: Powell warned that the effects of dried-up benefits are a looming risk to the economy, even if the consequences aren't yet visible.

57 mins ago - World

Beijing draws Chinese companies even closer

Illustration: Annelise Capossela/Axios

Chinese Communist Party Secretary Xi Jinping announced last week that the party must strengthen its leadership over private companies, and that entrepreneurs must meet the party's needs. 

Why it matters: Xi's new announcement will increase fears that Chinese businesses may serve as a Trojan horse for the CCP.

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