Kiichiro Sato / AP

Tech giant Oracle stands behind Republican FCC Chairman Ajit Pai's proposal to roll back the current net neutrality rules. From a letter to Pai filed this week:

"Given these technical and economic realities, we applaud your leadership in considering restoration of the 'information services' classification to broadband internet access service."

Why it matters: Silicon Valley firms are generally thought to be supportive of the current rules. But Oracle and some other firms have bucked that tide and could provide Pai with at some support from tech as he moves forward with his plan.

Go deeper

Ben Geman, author of Generate
49 mins ago - Energy & Environment

Oil's turbulent long-term future

Illustration: Aïda Amer/Axios

The oil sector is facing risks from all sides.

Why it matters: Risk in the industry is nothing new. But these are especially turbulent and uncertain times. The industry's market clout has waned, the future of demand is kind of a mystery, and future U.S. policy is too, just to name three.

Meadows on Wray's voter fraud dismissal: "He has a hard time finding emails in his own FBI"

White House chief of staff Mark Meadows dismissed FBI Director Chris Wray's testimony that the U.S. has never historically seen evidence of widespread voter fraud, including by mail, during an appearance on "CBS This Morning" on Friday.

Why it matters: Meadows' statement highlights the Trump administration's strategy to sow doubt in November's election results by challenging the legitimacy of mail-in ballots, which are expected to skew heavily in Democrats' favor.

The next cliff for the unemployed

Illustration: Sarah Grillo/Axios

A program supporting Americans who are typically ineligible for unemployment benefits will expire at the end of the year, with millions still relying on it as the labor market sputters.

Why it matters: The result could be catastrophic for the economic recovery that Wall Street fears is already fragile.

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