Michael Bloomberg. Photo: Bill Pugliano/Getty Images

Billionaire and media mogul Michael Bloomberg said in an interview with Radio Iowa that he will likely sell his media company, or put it in a blind trust, if he runs for and becomes president in 2020.

Why it matters: Bloomberg cited his age as one of the prevailing reasons why selling the company makes sense. In doing so, he would also be avoiding the same controversies that President Trump has seen with the Trump Organization during his term in office.

Between the lines: Trump chose to hand his organization off to his children during his presidency, but that has not prevented questions from swirling about potential benefits it has received stemming from his role.

  • The organization is currently involved in a lawsuit that alleges it has benefited from Trump's presidency.

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Updated 56 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Politics: Ex-FDA chief: Pence campaigning after COVID exposure puts others at risk — Mark Meadows: "We are not going to control the pandemic"— COVID-19 looms over White House Halloween celebrations.
  2. Health: 13 states set single-day coronavirus case records last week — Fauci says maybe we should mandate masks if people don't wear themU.S. reports over 80,000 new cases for second consecutive day.
  3. World: Italy tightens restrictions Spain declares new state of emergency.

Amy Coney Barrett's immediate impact

Illustration: Eniola Odetunde/Axios

In her first week on the job, Amy Coney Barrett may be deciding which votes to count in the presidential election. By her third week, she’ll be deciding the fate of the Affordable Care Act.

Where it stands: The Senate votes on Barrett’s nomination tomorrow. If she’s confirmed, Chief Justice John Roberts is expected to swear her in at the Supreme Court within hours, an administration official tells Axios.

Texas Democrats beg Biden to spend now

Photo: Ron Jenkins/Getty Images

The Biden campaign is rebuffing persistent pleas from Texas Democrats to spend at least $10 million in the Lone Star state, several people familiar with the talks tell Axios.

Why it matters: If Texas — which has 38 electoral votes and is steadily getting more blue, but hasn't backed a Democrat for president since 1976 — flipped to the Biden column, it would be game over. But the RealClearPolitics polling average stubbornly hovers at +2.6 for Trump — and Team Biden appears more focused on closer targets.

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