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Former Vice President Joe Biden, who jumped into the 2020 race this week, said he won't commit to a one-term presidency during an interview Friday on "The View."

The big picture: A one-term limit had been floated by pundits as a way to make the 76-year-old stand out in a crowded field. Last month, Biden also pondered announcing Stacey Abrams as his vice presidential nominee out of the gate, which didn't materialize. He said on "The View," "I think it's important for people, it's a legitimate question to ask about my age," adding that he believes his age brings "experience and wisdom."

Go deeper ... Joe Biden: Everything you need to know about the 2020 candidate

Go deeper

Ben Geman, author of Generate
21 mins ago - Politics & Policy

The top candidates Biden is considering for key energy and climate roles

Photo: Alex Wong/Getty Images

Senate Minority Leader Chuck Schumer (D-N.Y.) has urged President-elect Joe Biden to nominate Mary Nichols, chair of California's air pollution regulator, to lead the Environmental Protection Agency, Bloomberg reports.

Why it matters: The reported push by Schumer could boost Nichol's chances of leading an agency that will play a pivotal role in Biden's vow to enact aggressive new climate policies — especially because the plan is likely to rest heavily on executive actions.

U.S. economy adds 245,000 jobs in November as recovery slows

Data: BLS; Chart: Axios Visuals

The U.S. economy added 245,000 jobs in November, while the unemployment rate fell to 6.7% from 6.9%, the government said on Friday.

Why it matters: The labor market continues to recover even as coronavirus cases surge— though it's still millions of jobs short of the pre-pandemic level. The problem is that the rate of recovery is slowing significantly.