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Sen. Marsha Blackburn. Photo: Alex Wroblewski/Getty Images

Sen. Marsha Blackburn (R-Tenn.) blocked an effort by Sen. Mark Warner (D-Va.) to pass a bill via unanimous consent requiring campaigns to report any offers of foreign assistance to the FBI.

"We are all for free and fair and honest elections. ... These reporting requirements are overbroad. Presidential campaigns would have to worry about disclosure at a variety of levels. So many different levels. Consider this: vendors that work for a campaign, people that are supplying some kind of voter service to a campaign. ... It would apply to door knockers, it would apply to phone bankers, down to any person who shares their views with a candidate."

Warner then countered that Blackburn's reading of the legislation is "not accurate .., The only thing that would have to be reported is if the agent of a foreign government or national offered that something that was already prohibited."

The big picture: President Trump's comments on Wednesday that he would consider accepting intelligence on a political opponent from a foreign entity set off immediate outrage from Democrats, who see it as an invitation for foreign adversaries to interfere in future U.S. elections. Lawmakers in both the Senate and the House have renewed calls to pass election security measures, with some going as far as to call Trump's comments "anti-American" and grounds for impeachment.

  • Sen. Chuck Schumer, responding to Blackburn's objection, said on the Senate floor: "How disgraceful it is that our Republican friends cower before this president when they know that the things he does severely damage democracy."

Go deeper ... Pelosi on Trump's foreign dirt comments: "Everyone should be appalled"

Go deeper

Intel CEO calls for "moonshot" to boost U.S. role in chipmaking

Intel CEO Pat Gelsinger. Photo: Horacio Villalobos - Corbis/Getty Images

Intel CEO Pat Gelsinger called Monday for the U.S. to spend billions of dollars over the next few years as part of a "moonshot" designed to regain lost ground in semiconductor manufacturing. The goal, he said, is to see the U.S. again account for a third of global output, up from about 12% today.

Why it matters: Investments made now will take several years to bear fruit, so they won't do much to ease the current semiconductor shortage, but they're vital to America's long-term economic future and national security, Gelsinger told Axios on Monday.

Live events industry eyes pandemic comeback

Illustration: Aïda Amer/Axios

The "live economy" — broadway shows, concerts, music festivals and more — is in pandemic purgatory.

What's going on: Some events are getting the green light to restart as vaccinations roll out. But operators in states with audience caps are holding back as they contemplate whether it makes financial sense for the show to go on.

Ant Group gets new marching orders from regulators in China

Illustration: Sarah Grillo/Axios

Uncertainty surrounding the future of China’s giant fintech company Ant Group cleared up on Monday after years of friction with its domestic regulators.

Driving the news: Ant is shedding its cool tech image and stepping into a new identity as a financial holding company — the result of forced changes by several banking and securities agencies in China.