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Photo: Spencer Platt/Getty Images

Mike Bloomberg is ploughing an additional $20 million into this election cycle, flooding the airwaves in North Carolina, Texas and Arizona to promote down-ballot candidates who share his views on climate.

The big picture: Bloomberg's last-minute cash infusion comes on top of the $100 million he pledged last month to help Joe Biden win Florida.

Why it matters: With Democrats flush with cash at both the presidential and congressional level, Bloomberg is looking for returns further down the ballot, investing in races that are flying below the national radar.

  • "These may not be races that you’ve heard of, but they are where we thought we could make a difference," said Brynne Craig, the campaign manager for Bloomberg's Beyond Carbon Victory Fund.
  • "These offices play roles that could help each of their states combat climate change."

By the numbers: The group is putting nearly $8.5 million into TV, radio and digital advertising to support Democrat Yvonne Lewis Holley for lieutenant governor of North Carolina. 

  • In Arizona, Bloomberg's group is spending $6.3 million to win a majority on the Arizona Corporation Commission, which sets energy standards for the state.
  • In Texas, Bloomberg personally gave $2.5 million to Chrysta Castañeda’s campaign for the Texas Railroad Commission, which oversees everything from gas utilities to pipeline safety.
  • He's also personally giving $500,000 to the North Carolina Democratic Leadership Committee.

Go deeper

Nov 15, 2020 - World

Mexico tops 1 million coronavirus cases, as death toll nears 100,000

A sign above crowds of people in a street in Mexico City, Mexico, warning to "avoid masses" and keep distance from others during a nationwide, 12-day shopping event that's running through Nov. 20, designed to stimulate the economy. Photo: Cristopher Rogel Blanquet/Getty Images

Mexico surpassed 1 million coronavirus cases and over 98,200 deaths from COVID-19 late Saturday, per Johns Hopkins data.

Driving the news: Mexican health officials have focused on testing the seriously ill and conducted only about 2.5 million COVID-19 tests in total — representing 1.9% of the population, AP reports.

Dan Primack, author of Pro Rata
7 hours ago - Technology

TikTok gets more time (again)

Illustration: Aïda Amer/Axios

The White House is again giving TikTok's Chinese parent company more to satisfy national security concerns, rather than initiating legal action, a source familiar with the situation tells Axios.

The state of play: China's ByteDance had until Friday to resolve issues raised by the Committee on Foreign Investment in the U.S. (CFIUS), which is chaired by Treasury secretary Steve Mnuchin. This was the company's third deadline, with CFIUS having provided two earlier extensions.

Federal judge orders Trump administration to restore DACA

DACA recipients and their supporters rally outside the U.S. Supreme Court on June 18. Photo: Drew Angerer via Getty

A federal judge on Friday ordered the Trump administration to fully restore the Deferred Action for Childhood Arrivals program, giving undocumented immigrants who arrived in the U.S. as children a chance to petition for protection from deportation.

Why it matters: DACA was implemented under former President Obama, but President Trump has sought to undo the program since taking office. Friday’s ruling will require Department of Homeland Security officers to begin accepting applications starting Monday and guarantee that work permits are valid for two years.