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Sanders apologizes for surrogate's op-ed attacking Biden

Presidential candidates Sen. Bernie Sanders and former Vice President Joe Biden during the Democratic primary debate in Houston in September. Photo: Frederic J. Brown/AFP via Getty Images

Sen. Bernie Sanders apologized on CBS News Monday evening for a Guardian op-ed written by a campaign surrogate that claims his Democratic presidential rival Joe Biden has a "big corruption problem."

Driving the news: In the op-ed, published earlier Monday, law professor Zephyr Teachout, claims Biden "has perfected the art of taking big contributions, then representing his corporate donors at the cost of middle- and working-class Americans." In his CBS interview, Sanders said it's "absolutely not my view that Joe is corrupt in any way" and he's "sorry that that op-ed appeared."

Go deeper:

Editor's note: This article has been updated with more details of the op-ed and comment from Sanders.

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Axios
17 mins ago - Economy & Business

Biden taps Brian Deese to lead National Economic Council

Brian Deese (L) in 2015 with special envoy for climate change Todd Stern (C) and Secretary of State John Kerry (R). Photo: Mandel Ngan/AFP via Getty Images

President-elect Joe Biden announced Thursday that he has selected Brian Deese, a former Obama climate aide and head of sustainable investing at BlackRock, to serve as director of the National Economic Council.

Why it matters: The influential position does not require Senate confirmation, but Deese's time working for BlackRock, the world's largest asset manager and an investor in fossil fuels, has made him a target of criticism from progressives.

Go deeper (<1 min. read)Arrow
Felix Salmon, author of Capital
34 mins ago - Economy & Business

The places regulation does not reach

Illustration: Aïda Amer/Axios

Financial regulation is not exactly simple anywhere in the world. But one country stands out for the sheer amount of complexity and confusion in its regulatory regime — the U.S.

Why it matters: Important companies fall through the cracks, largely unregulated, while others contend with a vast array of regulatory bodies, none of which are remotely predictable.

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Joann Muller, author of Navigate
1 hour ago - Economy & Business

Boeing gets huge 737 Max order from Ryanair, boosting hope for quick rebound

Ryanair low cost airline Boeing 737-800 aircraft as seen over the runway. Photo by Nik Oiko/SOPA Images/LightRocket via Getty Images

Dublin-based Ryanair said it would add 75 more planes to an existing order for Boeing's 737 Max airplanes, a giant vote of confidence as Boeing seeks to revive sales of its best-selling plane after a 20-month safety ban following two fatal crashes.

The big picture: Ryanair's big order, on the heels of breakthrough vaccine news, is also a promising sign that the devastated airline industry might recover from the global pandemic sooner than expected.

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