Photo: Mark Wilson/Getty Images

Senate Majority Leader Mitch McConnell has signed onto a resolution by Sen. Josh Hawley (R-Mo.) seeking to change the rules of the Senate to dismiss articles of impeachment if they are not transmitted within 25 days of their approval — in this case, Jan. 12.

Why it matters: The constitutionality of such a move, which 12 other co-sponsors have signed onto, is not clear. House Speaker Nancy Pelosi reiterated on Thursday that she is waiting to see what the Senate trial will look like before she names impeachment managers and transmits the articles.

  • McConnell has said he has the GOP votes to approve a resolution on trial rules without support from Democrats, and he has repeatedly criticized Pelosi for attempting to interfere with the Senate process.
  • The Senate would require a two-thirds majority in order to change the rules, unless McConnell were to invoke the "nuclear option" and decide the issue by a simple majority vote.

Between the lines: A senior Democratic aide told Axios last week that aside from the procedural and constitutional questions it raises, Hawley's resolution would likely be politically damaging for moderate Republicans — noting that polling shows a majority of Americans want Trump to let his top aides testify in the Senate trial.

Go deeper: Key GOP senators don't want to subpoena Bolton

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SPACs are the new IPOs

Illustration: Aïda Amer/Axios

Churchill Capital Corp. III has agreed to acquire health-cost management services provider Multiplan at an initial enterprise value of $11 billion, as such deals continue to proliferate as alternatives to IPOs.

Why it matters: This is the largest special purpose acquisition company (SPAC) merger, and also includes the largest private investment in public equity (PIPE) associated with a SPAC. Existing Multiplan owners like Hellman & Friedman and General Atlantic will roll over more than 75% of their collective stake, and own over 60% of the public company.

Washington Redskins will change team name

Photo: Patrick McDermott/Getty Images

The Washington Redskins announced Monday that the NFL team plans to change its name.

Why it matters: It brings an end to decades of debate around the name — considered by many to be racist toward Native Americans. The change was jumpstarted by nationwide protests against systemic racism in the U.S. this summer.

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Houston public health system CEO says coronavirus situation is "dire"

Houston's coronavirus situation is "dire, and it's getting worse, seems like, every day," Harris Health System CEO and President Dr. Esmail Porsa said Monday on MSNBC's "Morning Joe."

The big picture: Porsa said the region is seeing numbers related to the spread of the virus that are "disproportionately higher than anything we have experienced in the past." He noted that Lyndon B. Johnson Hospital's ICU is at 113% capacity, and 75% of its beds are coronavirus patients.