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Photo: Bill Pugliano/Getty Images

Businessman and combat veteran John James announced Thursday that he will make another Republican Senate bid in Michigan in 2020.

The state of play: James lost his 2018 run to four-term Sen. Debbie Stabenow, but this time around, he'll face Sen. Gary Peters, who is running for re-election for the first time and is the incumbent senator with the least name recognition nationally, according to Morning Consult.

  • James, who President Trump backed in the 2018 GOP primaries, tweeted: "We are heading in the wrong direction as a country and our leaders in Washington are failing to lead us toward a better and brighter future. I believe I can help lead Michigan toward that future we deserve, and that’s why I am running for U.S. Senate."
  • Senate Republicans have been urging James to make another go for the Senate against the wishes of Trump administration officials, who believe that his run could increase Democratic investment in Michigan in 2020, reports Politico.

The big picture: Trump won Michigan in 2016 by less than a percentage point, and his 2020 campaign has been preparing a digital campaign to boost support among key demographic groups — African Americans, Hispanics and suburban women — in swing areas like Detroit, per Axios' Alayna Treene and Jonathan Swan.

Go deeper: These Senate seats are up for election in 2020

Go deeper

Dion Rabouin, author of Markets
25 mins ago - Economy & Business

Janet Yellen said all the right things to reassure the markets

Illustration: Aïda Amer/Axios

Treasury Secretary nominee and former Fed chair Janet Yellen's confirmation hearing before the Senate Finance Committee on Tuesday showed markets just what they can expect from the administration of President-elect Joe Biden: more of what they got under President Trump — at least for now.

What it means: Investors and big companies reaped the benefits of ultralow U.S. interest rates and low taxes for most of Trump's term as well as significant increases in government spending, even before the coronavirus pandemic.

Updated 59 mins ago - Politics & Policy

Biden to sign 15 executive actions on Day One

President-elect Joe Biden. Photo: SAUL LOEB/AFP via Getty Images

President-elect Joe Biden is expected to sign 15 executive actions upon taking office Wednesday, immediately reversing key Trump administration policies.

Why it matters: The 15 actions — aimed at issues like climate change and immigration — mark more drastic immediate steps compared with the two day-one actions from Biden's four predecessors combined, according to incoming White House press secretary Jen Psaki.

Mike Allen, author of AM
59 mins ago - Politics & Policy

The Swamp wins

President Trump on Jan. 28, 2017, with two aides he later pardoned — national security adviser Michael Flynn and strategist Steve Bannon. Photo: Drew Angerer/Getty Images

It was 12:50 a.m. on Inauguration Day when President Trump announced 143 pardons and commutations — including a pardon for Steve Bannon. 17 minutes later, the White House released an executive order that said it all about his failure to "drain the Swamp," as he'd promised in the '16 campaign.

Driving the news: Trump revoked an executive order, signed eight days after he took office, that limits his appointees' lobbying for five years after leaving the administration.

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