Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sen. Bernie Sanders (I-Vt.), Speaker of the House Nancy Pelosi (D-Calif.) and Senate Minority Leader Charles Schumer (D-N.Y.) Photo: Chip Somodevilla/Getty Images

A group of top Democrats on Tuesday introduced legislation to gradually increase the federal minimum wage to $15 per hour over five years.

Why it matters: The policy, which has widespread support among Democratic lawmakers, aligns with what President Joe Biden has called for in his emergency COVID-19 relief package. It would more than double the current minimum wage of $7.25.

  • Congress has not increased the federal minimum wage in more than a decade.

The state of play: The bill — sponsored by House Committee on Education and Labor Chair Bobby Scott (D-Va.) and Senate Budget Chairman Bernie Sanders (I-Vt.), among others — has the support of House Speaker Nancy Pelosi (D-Calif.) and Senate Majority Leader Chuck Schumer (D-N.Y.).

  • Sanders championed the policy during his presidential runs in 2016 and 2020. He told The Guardian the policy has a better chance of passing with President Joe Biden in the White House.
  • The Democratic-controlled House passed a similar measure in 2019, but then-Senate Majority Leader Mitch McConnell blocked it from ever receiving a vote.

Between the lines: Sanders told the Guardian the Senate could pass the measure via budget reconciliation, which would only require the simple majority Democrats have in the Senate.

  • “It clearly has to be done by reconciliation," Sanders said. "That’s something I’m working very hard on."

Go deeper: McConnell drops filibuster demand, paving way for power-sharing deal

Go deeper

Sen. Tina Smith: Access to banking is a civil rights issue

Photo: Axios screenshot

Equal access to banking and financial services should be protected under the Civil Rights Act, Sen. Tina Smith (D-Minn.) said on Thursday in an Axios virtual event.

Why it matters: People of color, particularly Black people, risk being racially profiled in visits to banks, yet the Civil Rights Act of 1964 does not identify financial institutions as businesses that must not treat black customers differently. "That loophole makes it hard for victims of racial profiling to win in court," a New York Times investigation found.

Dave Lawler, author of World
1 hour ago - World

Americans increasingly see China as an enemy

One in three Americans, and a majority of Republicans, now view China as an enemy of the United States, according to a new survey from Pew Research Center.

By the numbers: Just 9% of Americans consider China a "partner," while 55% see Beijing as a "competitor" and 34% as an "enemy."

Scoop: Leaked HHS docs spotlight Biden's child migrant dilemma

A group of undocumented immigrants walk toward a Customs and Border Patrol station after being apprehended. Photo: Sergio Flores/The Washington Post via Getty Images

Fresh internal documents from the Department of Health and Human Services show how quickly the number of child migrants crossing the border is overwhelming the administration's stretched resources.

Driving the news: In the week ending March 1, the Border Patrol referred to HHS custody an average of 321 children per day, according to documents obtained by Axios. That's up from a weekly average of 203 in late January and early February — and just 47 per day during the first week of January.