Mitt Romney. Photo: Alex Wong/Getty Images.

Sen. Mitt Romney (R-Utah) made clear in an interview with The Atlantic on Wednesday that he will not vote for President Trump's re-election in November.

Driving the news: Romney sent shockwaves through Washington after announcing he would vote to convict Trump in the impeachment trial — becoming the only Senate Republican to break ranks and vote for the president's removal from office.

  • "The president delayed funds for an American ally at war with Russian invaders," Romney said in a speech on the Senate floor. "The president's purpose was personal and political. Accordingly, the president is guilty of an appalling abuse of public trust."

Yes, but: Romney also stated that "under no circumstances" would he vote for Sens. Bernie Sanders or Elizabeth Warren, who could face off against Trump in the general election.

  • Romney wrote in his wife's name on the ballot in 2016. "She’ll probably get [a] second vote," he told The Atlantic.

Go deeper: Mitt Romney shunned from conservative conference after impeachment vote

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A group of Pac-12 football players have threatened to opt out of the season unless the conference addresses systemic inequities and concerns related to the coronavirus pandemic.

Why it matters: College football players have never had more leverage than they do right now, as the sport tries to stage a season amid the pandemic. And their willingness to use it shows we've entered a new age in college sports.

Betting on inflation is paying off big for investors

Illustration: Aïda Amer/Axios

The specter of rising inflation is helping power assets like gold, silver and Treasury Inflation-Protected Securities (TIPS) to strong returns with record demand this year.

The big picture: Investors continue to pack in even as inflation metrics like the consumer price index (CPI) and personal consumption expenditure (PCE) index have remained anchored.

Scoop: Top CEOs urge Congress to help small businesses

Illustration: Eniola Odetunde/Axios

With a new coronavirus relief measure stalled in Congress, CEOs of some of the world's biggest companies have banded together to send a message to Washington: Get money to small businesses now!

Why it matters: "By Labor Day, we foresee a wave of permanent closures if the right steps are not taken soon," warns the letter, organized by Howard Schultz and signed by more than 100 CEOs.