Rep. Ryan Costello (R-Pa.) stands behind Sen. Susan Collins (R-Maine) at a press conference last month. Photo: Alex Wong / Getty Images

NRCC Chairman Steve Stivers walked back his criticism of Pennsylvania Republican Rep. Ryan Costello today, saying: “It was a mistake of me to say. Ryan is a friend and we're sad to see him leave. I'm sure he made the right decision for his family and his district and I respect it.”

The background: Stivers criticized Costello over the weekend, saying he lacked the “intestinal fortitude” to continue in Congress after Costello decided not to run for reelection last month. His comments about a fellow Republican showed the GOP’s growing worry about the party’s chances to maintain control of the House as more Republicans are retiring or not seeking reelection.

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Updated 6 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Chris Christie: Wear a mask "or you may regret it — as I did" — Senate Democrats block vote on McConnell's targeted relief bill.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: The pandemic is getting worse again New York reports most cases since MayMany U.S. coronavirus deaths were avoidable.
  4. Education: Boston and Chicago send students back home for online learning.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases — France becomes the second.

Biden says he will appoint commission on Supreme Court reform

Photo: Chip Somodevilla/Getty Images

Joe Biden told CBS' "60 Minutes" this week that if elected, he would put together a bipartisan commission to study the federal court system and make recommendations for reform.

Why it matters: Biden has come under pressure to clarify his position on court packing after some Democrats suggested expanding the court if Senate Republicans confirm President Trump's Supreme Court nominee Amy Coney Barrett.

Dion Rabouin, author of Markets
37 mins ago - Economy & Business

Wall Street still prefers bonds

Illustration: Aïda Amer/Axios. Photo: Sunset Boulevard/Getty Contributor

Investors' return on U.S. corporate bonds has been falling since its August peak, but buying has only accelerated, especially in investment grade bonds that are offering historically low yields.

The state of play: Since hitting its 2020 high on Aug. 4, the benchmark Bloomberg Barclays U.S. bond aggregate has delivered a -2.2% return. (For comparison, the S&P 500 has gained 3.9% during the same time period.)

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