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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

Go deeper

Biden to meet with U.S. financial regulators on Monday

Photo: Drew Angerer via Getty Images

President Biden will meet with financial regulators on Monday.

Driving the news: "The meeting will cover regulatory priorities including climate-related financial risk and agency actions to promote financial inclusion and to responsibly increase access to credit," said press secretary Jen Psaki, according to a press pool report.

Updated 6 hours ago - Economy & Business

The next worker fight: Time off for Juneteenth

Illustration: Annelise Capossela/Axios

Who gets paid time off to celebrate Juneteenth in the years to come will be uneven and complicated, if history is any guide.

Why it matters: Corporate America hasn't grappled with a new federal holiday since Martin Luther King Jr. Day was authorized almost 40 years ago. How they responded took years to evolve.