Joe Biden and Paul Ryan bring a joint session of Congress to order in January 2017. Photo: Samuel Corum/Anadolu Agency/Getty Images

Former House Speaker Paul Ryan said Tuesday that Joe Biden is "the best bet the Democrats have" to beat President Trump in 2020, but cautioned that he expects a more progressive candidate to ultimately win the nomination, CNBC reports.

What he's saying: Ryan said he believes that first-generation, college-educated, white-collar voters in Michigan, Pennsylvania and his home state of Wisconsin are the key to winning in 2020 — and that they'll view Biden as a safe and moderate option.

  • "[I]t's going to be the suburbanite that’ll basically be the difference-maker," he said.
  • "A first-generation Republican and they like Trump the idea, they like Trump the disruption — they don’t necessarily like the personality and the noise and the tweets that come with it," Ryan added.
  • The former congressman said that he believes Bernie Sanders and Mike Bloomberg both pose threats that will prevent Biden from being able to rack up the delegates needed to win the Democratic nomination.

The big picture: Polling ahead of the New Hampshire primary — and Axios' conversations with voters and campaigns — indicate that Biden is at risk of finishing as low as fifth in that contest, behind Sanders, Pete Buttigieg, Elizabeth Warren and Amy Klobuchar.

Go deeper: Bloomberg's monopoly, Biden's market crash

Go deeper

7 mins ago - Technology

Big Tech's Hong Kong bind

Illustration: Sarah Grillo/Axios

Big Tech companies are scrambling to figure out what China's imposition of a new national security law in Hong Kong means for their businesses there.

The big picture: Tech companies, like other multinationals, had long seen bases in Hong Kong as a way to operate close to China without being subject to many of that country's most stringent laws. Now they likely must choose between accepting onerous data-sharing and censorship requirements, or leaving Hong Kong.

2020 could decide fate of Keystone and Dakota Access pipelines

Illustration: Sarah Grillo/Axios

Two new court actions — one by the Supreme Court and another by a federal judge — together highlight and raise the energy stakes of November's election.

Why it matters: The legal actions mean the results of the 2020 election could very well decide the fate of Keystone XL and Dakota Access, two projects at the heart of battles over fossil fuel infrastructure.

Updated 42 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Eniola Odetunde/Axios

  1. Global: Total confirmed cases as of 9 a.m. ET: 11,648,268 — Total deaths: 538,828 — Total recoveries — 6,328,930Map.
  2. U.S.: Total confirmed cases as of 9 a.m. ET: 2,938,750 — Total deaths: 130,310 — Total recoveries: 924,148 — Total tested: 36,032,329Map.
  3. Axios-Ipsos Coronavirus Index: Our response is becoming more polarized.
  4. Business: Rising cases pause U.S. economic recovery — Hospitals, doctors are major recipients of PPP loans.