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!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

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!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

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. Tom Cotton in conversation with Axios' Mike Allen. Photo: Chuck Kennedy for Axios

The big picture: Tuesday morning, Axios' Executive Editor Mike Allen hosted a 4-part conversation on foreign affairs, exploring current tensions with Iran, the expanding influence of the Chinese technology company Huawei, and the role of automation in global trade.

Senator Tom Cotton, Arkansas

Sen. Tom Cotton (R-Ak.) discussed his view of American foreign policy, focusing on recent actions by Iran, economic sanctions, and the growing dangers of the multi-national Chinese technology company, Huawei.

  • On current tensions with Iran: "I don’t want to see Iran to continue up the escalatory ladder to the point where they are attacking a manned US aircraft or ship."
  • Regarding economic sanctions: “Every dollar we deny the Ayatollah is a dollar we’re denying Hezbollah.”

Sen. Cotton compared the growing influence of Huawei in developing economies as being "like a drug dealer," and discussed his recent bipartisan bill with Sen. Chris Van Hollen (D-Md.) to limit Huawei's capacity to operate unilaterally in the United States.

  • On the bipartisan bill: "It would codify what the president has done...and it would allow congress a say in whether waivers are granted to Huawei."
  • On his view of Huawei: "Huawei is an arm of the Chinese Communist party and is a genuine threat."

Sen. Cotton declined to respond to a question about President Trump's tweets attacking four congresswomen of color:

  • "I think what [President Trump] sees is a lot of extremism from the House Democrats...The president is gonna tweet what he's gonna tweet."
Michèle Flournoy, Former Under Secretary of Defense for Policy
Michèle Flournoy on the Axios stage. Photo: Chuck Kennedy for Axios

Michèle Flournoy, Former Under Secretary of Defense for Policy in the Obama administration focused on the importance of coherent foreign policy strategy and discussed the risks posed by unfilled leadership positions in security and foreign policy.

  • On the dangers of a leadership vacuum: "The people who would likely serve in a Republican administration have signed anti-Trump letters. The administration is going to have a hard time filling out its national security ranks in the next two years — I don’t know what they would do with a second term."
  • On the country's biggest foreign policy challenge: "I think competition with China is the biggest strategic challenge we will face over the next many years. I think the administration is throwing a lot of tactics against the wall without a clear strategy."

Flournoy emphasized the three things the U.S. needs to do to compete with China:

  • Invest at home.
  • Work with our allies — who all have the same issues with China.
  • Focus on shoring up deterrents without driving China to accelerate its thinking that it’s an enemy to the U.S.
Brian Hook, U.S. Special Representative to Iran, Senior Policy Advisor to the Secretary of State
Brian Hook discussing Iranian foreign policy on Tuesday morning. Photo: Chuck Kennedy for Axios

Brian Hook, the U.S. Special Representative to Iran, and Senior Policy Advisor to the Secretary of State unpacked his views on current tensions with Iran, and the risks that Iran poses to the balance of power in the Middle East.

  • On Iranian foreign policy: "[Iran] has a foreign policy that seeks to shape the Middle East in its image. That image is a government that has clerical and revolutionary oversight. It’s the opposite of separation of church and state."
  • "There’s a great deal of anxiety about Iran’s violence and they’ve been very successful with deniable attacks. The hand of Iran is often invisible. But this is a regime that has mastered the art of gray zone warfare."
Susan Lund, Partner at the McKinsey Global Institute
Susan Lund responding to a question from Axios' Mike Allen. Photo: Chuck Kennedy for Axios

Susan Lund, Partner at the McKinsey Global Institute discussed automation, the future of work, and its impact on global trade.

  • How automation will impact young workers: "There are almost 15 million jobs under age of 34 that could be phrased out or disappear over the next decade. About one third are actually white collar jobs."
  • On the importance of post-secondary education: "I think the bar is really going to go up for educational institutions and young people to enter the workforce at a higher performing, more sophisticated level than in the past."

Thank you Bank of America for sponsoring this event.

Go deeper

Inequality Index signals October jobs growth for lower-income Americans

Data: Morning Consult/Axios Inequality Index; Chart: Axios Visuals

Polling for the Morning Consult/Axios Inequality Index suggests that as the Delta variant ebbed over the last month, job security improved for lower-income Americans.

The big picture: As a result of the improving environment, the Inequality Index this month declined to its lowest point since April — reversing a significant spike in September.

White House unveils landmark reports on climate links to security, migration

Photo Illustration: Shoshana Gordon/Axios. Photo: John Moore/Getty Images

The Biden administration on Thursday released a sweeping set of assessments on climate change's threat to national security and its role in fueling migration.

Why it matters: One of the key products, a formal National Intelligence Estimate on climate change, marks the first time all 18 elements of the U.S. intelligence community have released a consensus report on the topic.

Scoop: Garland defends DOJ's handling of Jan. 6 probe

Attorney General Merrick Garland. Photo: Kevin Dietsch/Getty Images

Attorney General Merrick Garland will tell the House Judiciary Committee on Thursday that federal prosecutors "are doing exactly what they are expected to do" in seeking accountability for the "intolerable assault" on the Capitol on Jan. 6, Axios has learned.

Why it matters: Allies of former President Trump, including Republican congressmen, have criticized the department's treatment rioters charged with crimes, and sought to recast the insurrection as a righteous protest. Garland's testimony with be his first appearance before the panel.