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Photo: Zahim Mohd/NurPhoto via Getty Images

Former President Obama tweeted a rare rebuke of President Trump on Tuesday over the current administration's rollback of Obama-era vehicle emissions standards.

What he said: "We've seen all too terribly the consequences of those who denied warnings of a pandemic," Obama tweeted, linking to a Los Angeles Times article addressing the rollback. "We can't afford any more consequences of climate denial. All of us, especially young people, have to demand better of our government at every level and vote this fall."

The big picture: The Trump administration has made weakening and eliminating climate policies enacted under Obama a priority over the past three years. The most recent rollback targets a 2012 rule that called for annual emissions standards to increase by 5% per year — weakening it to 1.5% annually.

  • The administration suggested Monday that the rule change would result in new cars costing approximately $1,000 less, per CNN.

Go deeper

Caitlin Owens, author of Vitals
6 mins ago - Health

Who benefits from Biden's move to reopen ACA enrollment

Photo: Chip Somodevilla/Getty Images

Nearly 15 million Americans who are currently uninsured are eligible for coverage on the Affordable Care Act marketplaces, and more than half of them would qualify for subsidies, according to a new Kaiser Family Foundation brief.

Why it matters: President Biden is expected to announce today that he'll be reopening the marketplaces for a special enrollment period, but getting a significant number of people to sign up for coverage will likely require targeted outreach.

1 hour ago - Technology

Big Tech bolts politics

Illustration: Eniola Odetunde/Axios

Big Tech fed politics. Then it bled politics. Now it wants to be dead to politics. 

Why it matters: The social platforms that profited massively on politics and free speech suddenly want a way out — or at least a way to hide until the heat cools. 

Felix Salmon, author of Capital
1 hour ago - Economy & Business

GameStop as a metaphor

Illustration: Aïda Amer/Axios

A half-forgotten and unprofitable videogame retailer is, bizarrely and incredibly, on the lips of the nation. That's because the GameStop story touches on economic and cultural forces that affect everyone, whether they own a single share of stock or not.

Why it matters: In most Wall Street fights, the broader public doesn't have a rooting interest. This one — where a group of small traders won a multi-billion-dollar bet against giant hedge funds by buying stock in GameStop — is different.