House Ways and Means chairman Kevin Brady (on left) and Speaker Paul Ryan announced Thursday the tax overhaul plan. Photo: J. Scott Applewhite / AP

Rep. Kevin Brady, one the architects of the Republican's sweeping tax overhaul legislation, said his chamber would likely adopt a measure to repeal Obamacare's individual-coverage mandate if the Senate approves it, the AP reports.

Why it matters: At least one Republican Senator, Jerry Moran of Kansas, has publicly voiced his concerns over repealing the requirement that everyone have health insurance. And with just 52 members in the chamber, GOP leaders can afford to lose only two votes.

Brady's comments come as Senate Republican leaders are trying to get more support to pass their bill this week. Brady had previously said that repealing the individual mandate was politically risky, per the AP. But he told the American Enterprise Institute that "the House has always been strongly supportive of eliminating that forced tax," the AP reports.

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"Hamilton" is a streaming hit for Disney+

Data: Google Trends; Chart: Andrew Witherspoon/Axios

The debut of "Hamilton" on Disney+ last Friday sent downloads of the app soaring over the weekend.

Why it matters: With theaters closed until 2021, "Hamilton" is the biggest litmus test for whether Broadway will ever be able to successfully transition some of its iconic hits.

Wall Street is no longer betting on Trump

Illustration: Sarah Grillo/Axios

Betting markets have turned decisively toward an expected victory for Joe Biden in November — and asset managers at major investment banks are preparing for not only a Biden win, but potentially a Democratic sweep of the Senate and House too.

Why it matters: Wall Street had its chips on a Trump win until recently — even in the midst of the coronavirus-induced recession and Biden's rise in the polls.

With new security law, China outlaws global activism

Illustration: Eniola Odetunde/Axios

The draconian security law that Beijing forced upon Hong Kong last week contains an article making it illegal for anyone in the world to promote democratic reform for Hong Kong.

Why it matters: China has long sought to crush organized dissent abroad through quiet threats and coercion. Now it has codified that practice into law — potentially forcing people and companies around the world to choose between speaking freely and ever stepping foot in Hong Kong again.