MSNBC's Stephanie Ruhle went after Congressman Chris Collins (R-NY) Wednesday, one of the 227 Republicans who voted "yes" on the tax bill, for struggling to answer why the GOP hasn't closed the carried interest loophole.

The big question: Ruhle pointed to this morning's Axios event, where Gary Cohn told Mike Allen that the White House tried 25 times to get rid of the loophole, but the Hill fought to keep it. "Who supports it?" Ruhle asked.

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7 mins ago - Sports

Big Ten postpones fall sports due to coronavirus

Photo: Joe Robbins/Getty Images

The Big Ten announced Tuesday that it has voted to postpone its 2020 fall sports season, including football, due to risks posed by the coronavirus pandemic, hoping instead to play in the spring.

Why it matters: The move from one of the most prominent conferences in college sports will almost certainly prompt other Power Five leagues to follow suit.

13 of Biden's former rivals to appear together at Democratic convention

Democratic presidential candidates at the primary debate in Charleston, SC. Photo: Win McNamee/Getty Images

In a show of unity at the Democratic National Convention, 13 of Joe Biden's former 2020 challengers will appear via video to talk about the party's vision for the country and how they'll work with Biden to get it done.

Why it matters: Coalescing around Biden and his eventual running mate will help Democrats head into the general election against President Trump with a united front — unlike what they did in 2016.

IG report: Saudi arms sales were legal but didn't weigh civilian casualties

Secretary of State Mike Pompeo. Photo: Gabriel Kuchta/Getty Images

Secretary of State Mike Pompeo acted legally when he bypassed Congress to approve $8 billion in arms sales to Saudi Arabia, but failed to "fully assess risks and implement mitigation measures to reduce civilian casualties" that resulted from the deal, according to a report by the State Department inspector general.

Why it matters: The 2019 sale drew bipartisan ire among lawmakers, who worried it could lead to a pattern of the administration using "emergency declarations" to circumvent Congress to approve weapons deals. The report comes two months after former Inspector General Steve Linick testified that he was pressured by a top Pompeo aide to drop the investigation.