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Senate Majority Leader Chuck Schumer. Photo: Win McNamee / Getty Images

A progressive coalition is pressuring Chuck Schumer on his home turf by running a digital billboard in Times Square urging the new majority leader to end the Senate filibuster.

Why it matters: Schumer is up for re-election in 2o22 and could face a challenger, and he's also spearheading his party's broader effort to hold onto its narrow congressional majorities.

The backdrop: Schumer and Minority Leader Mitch McConnell are currently negotiating a power-sharing agreement to operate the new 50-50 Senate. Whether the 60-vote filibuster rule will endure is at the center of their stalemate.

Driving the news: Just Democracy, a coalition of more than 40 progressive groups led by Black and brown organizers seeking to reform government, created and paid for a week-long billboard in the heart of Schumer's district starting Monday.

  • The ad boasts quotes from Rep. Alexandria Ocasio-Cortez, former President Obama and ex-Senate Majority Leader Harry Reid, all condemning the filibuster. None of them is working in conjunction with the organizers on the billboard.
  • Of note: Ocasio-Cortez, a progressive beacon, won't quell speculation she's considering challenging Schumer for his seat.

What they're saying: “Democrats gained control of the Senate because of Black and Brown organizers and voters," Stasha Rhodes, campaign director for 51 for 51 and a member of the Just Democracy coalition, said in a statement to Axios. "Now they have a chance to remove the biggest impediment to the legislation those voters care about most — voting rights, healthcare, a serious COVID rescue package and more."

  • Another group, Fix Our Senate, ran a full-page ad in Sunday's New York Times that also pushed Schumer to end the filibuster.

Go deeper

Senate Mischief Makers

Illustration: Sarah Grillo/Axios

In a closely divided Congress, the Senate’s Mischief Makers could thwart their leaders' best-laid plans with their own agendas.

Why it matters: On Wednesday night, we shared a list of House members who our leadership sources on the Hill consider some of the top troublemakers. But their Senate counterparts may be even more impactful in a 50-50 chamber, where Vice President Kamala Harris holds the tiebreaking vote.

Biden calls Fox News reporter a "stupid son of a b---h" on hot mic

President Biden blasted Fox News' Peter Doocy on Monday after the reporter asked if the nation's soaring inflation is a political liability, saying, "what a stupid son of a b----h."

Driving the news: The Biden administration has faced rising inflation rates over recent months, which it has labeled as "transitory."

Hope King, author of Closer
43 mins ago - Economy & Business

Investors reset their compass

Data: FactSet; Chart: Axios Visuals

The endpoints of a stimulus-fueled market are being defined.

Why it matters: Conditions that drove excess pricing in riskier assets are steadily being removed, and big swings in the market like those seen today are inevitable as investors try to adjust to the new landscape.