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House Speaker Nancy Pelosi. Photo: Win McNamee/Getty Images

House Speaker Nancy Pelosi spoke with Politico on Wednesday in her Capitol Hill office, discussing the looming government shutdown and the challenges of leading a divided House.

Driving the news: Pelosi predicted that Republican congressional leaders won't allow another government shutdown to happen next week if no compromise is reached on border security, calling the issue "too hot to handle."

More from the interview:

  • On the State of the Union: "Don't waste your time on this. This is theatrics, this is not government. We just take this in stride."
  • On accessing Trump's tax returns: "I hear people say, 'Why didn't they do it the first day?' You have to do it right. You have to protect the prerogatives of the House of Representatives and you cannot be scattershot about that."
  • On the Green New Deal: "It will be one of several or maybe many suggestions that we receive. The green dream or whatever they call it, nobody knows what it is, but they're for it right?"
  • On 2020 Democratic candidates: "People are going to have to show their 'why.' ... What is your vision? Why are you doing this? The person who wins is the person who has that and connects. So I want to see who connects."

Go deeper: AOC says Nancy Pelosi is "doing a great job"

Go deeper

Felix Salmon, author of Capital
2 hours ago - Technology

Facebook's scandals have been great for shareholders

Expand chart
Data: YCharts; Chart: Axios

Facebook has been embroiled in scandal for the past five years, and while the specific allegations change over time, a central theme is constant. Given the choice between commercial and moral imperatives, Facebook always seems to choose the option that is best for the share price.

Why it matters: Facebook's stock chart supports that narrative. Since the 2016 scandals alleging that the social network was infiltrated by foreign actors trying to influence the outcome of democratic elections, Facebook's revenues — and its stock — have been soaring.

Biden to tap telecom trio for NTIA, FCC posts

Jessica Rosenworcel. Photo: Bill Clark/CQ Roll Call

President Joe Biden on Tuesday is expected to name Alan Davidson as head of the telecom arm of the Commerce Department, Jessica Rosenworcel as chairwoman of the Federal Communications Commission and Gigi Sohn as a commissioner at the FCC, according to a person familiar with the process.

Why it matters: Internet availability and affordability has been a key policy priority for the White House, but the administration lagged in tapping people for the agency posts that oversee the issues.

3 hours ago - Technology

Facebook seeks fountain of youth

Data: Piper Sandler Taking Stock With Teens Study; Chart: Axios Visuals

Facebook CEO Mark Zuckerberg on Monday said that the company is pivoting its strategy to focus on young adults, following reports that teens have fled its apps.

Why it matters: A series of stories based on leaked whistleblower documents suggest the company sees the aging of its user base as an existential threat to its business.