🇨🇳 Breaking: "China revoked the press credentials of three Wall Street Journal reporters based in Beijing, the first time in the post-Mao era that the Chinese government has expelled multiple journalists from one international news organization at the same time," the Journal reports (subscription).
Illustration: Aïda Amer/Axios
Top 2020 Democrats, armed with decades of opposition research, plan to savage Mike Bloomberg as a Democratic Trump — an egomaniac New York billionaire who's stained by sexism and racial slights, and hell-bent on buying power and puppeteering mass media, Axios CEO Jim VandeHei writes.
The Bloomberg campaign sounds unfazed. Kevin Sheekey, Bloomberg's top strategist, tells Axios: "Mike will defend his record of doing more to address issues of concern to Democratic voters than anyone else in the race."
But check out what Bloomberg has coming at him. In public comments and private leaks of opposition research, this is rivals' anti-Bloomberg argument:
👀 Watch Joe Biden tonight: The former vice president has easily the most incentive to go after Bloomberg.
Attorney General Bill Barr has made clear to President Trump — both publicly and, repeatedly, in private conversations — that he can’t do his job if the president keeps publicly commenting on Justice Department criminal cases, Axios' Jonathan Swan reports.
Flashback ... Lead of yesterday's Axios PM: "Trump announced Tuesday that he would commute former Illinois Gov. Rod Blagojevich's 14-year prison sentence for extortion, bribery and corruption — as well as issue full pardons for former San Francisco 49ers owner Edward DeBartolo Jr., former NYPD Commissioner Bernie Kerik and financier Michael Milken."
Mike Bloomberg's campaign is sounding the alarm that Bernie Sanders will soon amass an unsurmountable delegate lead if the Democratic field stays split — and took the extraordinary step of suggesting laggards should drop out.
Why it matters: Based on every national poll, plus steady access to money, Sanders is the indisputable — if underappreciated — frontrunner.
The Bloomberg campaign got high-profile validation of its theory:
In a "State of the Race" memo to Bloomberg gurus Sheekey and Howard Wolfson, senior adviser Mitch Stewart and states director Dan Kanninen argue:
Illustration: Sarah Grillo/Axios
The coronavirus outbreak may be "at the brink" of a global pandemic, Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, tells Axios' Eileen Drage O'Reilly.
What to watch: Stephen Morrison of the Center for Strategic and International Studies told Axios that despite efforts to prepare the American health care system for a pandemic, the U.S. is not ready.
Illustration: Sarah Grillo/Axios. Photo: Mark Wilson/Getty Images
Mike Bloomberg makes billions of dollars from Wall Street every year. But his plan to rein in the financial sector is very aggressive, Axios chief financial correspondent Felix Salmon writes.
Why it matters: Bloomberg's detailed financial reform policy, released yesterday, could cost Wall Street trillions of dollars while significantly increasing regulatory scrutiny of financial activities.
At the top of Bloomberg's wish list is for banks to hold significantly more capital on their balance sheets. He also calls for:
The bottom line: Where President Trump deregulated Wall Street, Bloomberg wants to re-regulate it — and he wants to go significantly further than even former President Obama managed with the post-crisis Dodd-Frank legislation.
The Boston Globe, on the downtown lunch rush, where seconds count and a tense crowd waits in a salad place for the kale they preordered on their phones:
Even the order-ahead apps aren’t fast enough.
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