Feb 5, 2018

Paul Ryan's PAC cuts checks for 2018 GOP House campaigns

Ryan leaves the podium after holding a press conference. Photo: Win McNamee / Getty Images

Speaker Paul Ryan's PAC will make its largest one-time transfer of the year, giving $715,000 to 143 members of the GOP House Majority for their 2018 campaigns, an aide told Axios:

  • Each of the 143 members will get $5,000 from the Speaker, who raised $44 million last year — a record for a House Speaker in an off-year.
  • Over 140 GOP House chiefs are invited over to Team Ryan's office this morning, where they can pick up the checks and enjoy coffee and bagels.

More midterms: ABC News' George Stephanopoulos announces a rolling "18 for '18" — the network's current picks for the 18 hottest midterm races:

  • Senate: Arizona, Indiana, Mississippi, Nevada, Tennessee and West Virginia.
  • HousePennsylvania 18, Illinois 6, New Hampshire 1, New Jersey 7, Texas 7, Utah 4, Virginia 10 and Washington 8.
  • Governor: California, Colorado, Florida and Michigan.

Go deeper

The race to catch Nike's Vaporfly shoe before the 2020 Olympics

Illustration: Aïda Amer/Axios

Four months ago, on the very same weekend, Eliud Kipchoge became the first human to run a marathon in under two hours, and fellow Kenyan Brigid Kosgei shattered the women's marathon record.

Why it matters: Kipchoge and Kosgei were both wearing Nike's controversial Vaporfly sneakers, which many believed would be banned because of the performance boost provided by a carbon-fiber plate in the midsole that acted as a spring and saved the runner energy.

Go deeperArrow43 mins ago - Sports

Reassessing the global impact of the coronavirus

Illustration: Aïda Amer/Axios

Economists are rethinking projections about the broader economic consequences of the coronavirus outbreak after a surge of diagnoses and deaths outside Asia and an announcement from a top CDC official that Americans should be prepared for the virus to spread here.

What's happening: The coronavirus quickly went from an also-ran concern to the most talked-about issue at the National Association for Business Economics policy conference in Washington, D.C.

Tech can't remember what to do in a down market

Illustration: Rebecca Zisser/Axios

Wall Street's two-day-old coronavirus crash is a wakeup alarm for Silicon Valley.

The big picture: Tech has been booming for so long the industry barely remembers what a down market feels like — and most companies are ill-prepared for one.