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Photo: Patrick Smith/Getty Images

Sen. Joe Manchin (D-W.Va.) announced Tuesday that he will not run for governor of West Virginia and will instead remain in the Senate through 2024.

“Ultimately, I believe my role as U.S. Senator allows me to position our state for success for the rest of this century.”

Why it matters: As Democrats seek to take back the Senate in 2020, the moderate Manchin's seat would likely have been a gift to Republicans if he had opted for a gubernatorial bid. Manchin won re-election by just 3 points in 2018 as a pro-union Democrat in a heavily pro-Trump state that could easily swing Republican without an incumbent.

Context: Manchin previously served as governor of West Virginia from 2005 to 2010 and told CBS' "Face the Nation" in August that his team was considering a bid, stating: "I want to do what I can to help my state," per AP.

  • In a statement, Manchin spoke fondly of his time in the West Virginia executive and said that he "couldn't wait to wake up in the Governor's Mansion in the morning." Ultimately, Manchin decided that he "couldn't focus just on which job [he] enjoyed the most, but on where [he] could be the most effective."

Between the lines: Manchin is often at odds with his own party in Congress and has repeatedly voted to confirm conservative judicial nominees, including Supreme Court Justice Brett Kavanaugh. Manchin also endorsed Sen. Susan Collins' (R-Maine) re-election bid, despite her being key to the Democratic Party's odds of taking back the Senate.

Go deeper: Democrats sound alarm on "massive" GOP Senate advantage in 2020

Editor's note: This post has been corrected to reflect the fact that Joe Manchin was governor of West Virginia from 2005 (not 2004).

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.