Sign up for our daily briefing

Make your busy days simpler with the Axios AM and PM newsletters. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to the Axios Closer newsletter for insights into the day’s business news and trends and why they matter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios Pro Rata

Dive into the world of dealmakers across VC, PE and M&A with Axios Pro Rata. Delivered daily to your inbox by Dan Primack and Kia Kokalitcheva.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with the Axios Sports newsletter. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with the Axios Des Moines newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with the Axios Tampa Bay newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Nashville news?

Get a daily digest of the most important stories affecting your hometown with the Axios Nashville newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Columbus news?

Get a daily digest of the most important stories affecting your hometown with the Axios Columbus newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Dallas news?

Get a daily digest of the most important stories affecting your hometown with the Axios Dallas newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Austin news?

Get a daily digest of the most important stories affecting your hometown with the Axios Austin newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Atlanta news?

Get a daily digest of the most important stories affecting your hometown with the Axios Atlanta newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Philadelphia news?

Get a daily digest of the most important stories affecting your hometown with the Axios Philadelphia newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Chicago news?

Get a daily digest of the most important stories affecting your hometown with the Axios Chicago newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top DC news?

Get a daily digest of the most important stories affecting your hometown with the Axios DC newsletter.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

John Podesta. Photo: Drew Angerer/Getty Images

Progressives are trying to sell President Biden's infrastructure initiative with new cable TV ads arguing clean energy projects will immediately create thousands of jobs.

Why it matters: White House press secretary Jen Psaki suggested Sunday that Biden will split his potential $3 trillion package in two — investments in infrastructure, followed by billions more for the “caregiving economy.” The first political fight may be over what qualifies as infrastructure.

  • Climate Power, an environmental group with close ties to the White House, will spend an additional $2 million during the next month on national cable and digital ads arguing major clean energy spending has bipartisan support.
  • The ads will be part of an overall $10 million effort.
  • “Investing in clean energy and infrastructure is the best, fastest and most effective way to put people to work and address the climate crisis,” John Podesta, a member of the group's advisory board, writes in a memo outlining its plans.

Our thought bubble: "There may be resistance to making the infrastructure bills too climate-heavy, unless the public views clean energy spending as a win/win for jobs and the environment," writes Axios energy and climate reporter Andrew Freedman.

Between the lines: White House officials know there’s a limit to the number of “shovel-ready” jobs in any infrastructure package.

  • Progressives are preparing for that coming battle.
  • Their argument is that green infrastructure will give the economy short- and long-term boosts: first, with thousands of new jobs to actually build projects, and then with a round of hiring in an economy catering to clean energy.

The big picture: By dividing Biden’s Build Back Better agenda into two legislative proposals, the White House is trying to suggest the first one won’t engender much controversy.

  • “Roads, railways, rebuilding them — that's not a partisan issue,” Psaki said on "Fox News Sunday."
  • In reality, many Republicans do support traditional surface transportation projects, but some have little interest in spending billions on charging stations and new electricity grids.

By the numbers: Like Biden’s $1.9 trillion American Rescue Plan, Democrats insist the president’s infrastructure proposals have national bipartisan support, even if House and Senate Republicans have signaled their opposition.

  • Some 67% of voters say the federal government should be doing more to modernize American infrastructure, according to a new poll for Climate Power and Data for Progress.
  • 73% say it is time for Congress to invest in infrastructure.

Between the lines: More than two-thirds of voters would be more likely to support the Build Back Better plan if it prioritizes oil and gas workers for new clean energy jobs, and if they have the chance to unionize.

The bottom line: Democrats insist any laid-off workers in the oil and gas industry will be able to find employment in the green energy economy.

  • That’s a hard argument to make in Trump country.

Go deeper

Bryan Walsh, author of Future
Mar 27, 2021 - Politics & Policy

Why the climate crisis will intensify the border crisis

Illustration: Sarah Grillo/Axios

The influx of migrants to the U.S. southern border has taken over the news — and climate change, among other factors, ensures it won't be going away.

Why it matters: The migration of tens of millions of people, exacerbated by a changing climate, will be one of the mega-trends of the 21st century. For both humanitarian and political reasons, wealthy countries like the U.S. will need to figure out a way to handle a flow of people that may never stop.

FAA clears more planes after 5G fears

Photo: David McNew/Getty Images

The Federal Aviation Administration said Thursday it had approved nearly 80% of the U.S. commercial fleet to perform low-visibility landings at airports with new 5G services after fears of signal interference limited 5G rollout.

Why it matters: The FAA approvals will help provide more certainty after the agency raised fears that 5G signals could reduce the accuracy of certain equipment, known as radio altimeters, that helps planes land and take off in inclement weather.

Dan Primack, author of Pro Rata
3 hours ago - Economy & Business

Peloton stock tanks on report of production halt

Illustration: Aïda Amer/Axios

Peloton stock fell by as much as 25% on Thursday, following a CNBC report that the connected fitness company will temporarily halt production on its bikes and treadmills.

Why it matters: Peloton is viewed by many as a proxy for consumer behavior in the pandemic era, as its popularity surged when gyms closed and people wanted to exercise at home.