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Rep. Steve King (R-Iowa). Photo: Tom Williams/CQ Roll Call via Getty Images

Rep. Steve King (R-Iowa), speaking about the Supreme Court during an appearance in Hampton, Iowa on Monday, said that he hopes Republicans will "have a 7-2 court" after tomorrow's midterm elections, adding that if the party is lucky Justices Elena Kagan and Sonia Sotomayor "will elope to Cuba," reports the Weekly Standard's Adam Rubenstein.

Why it matters: King has a history of making incendiary comments, and has recently come under fire for endorsing white nationalist Faith Goldy for mayor of Toronto. In the last few weeks, dairy company Land O'Lakes ended their donations to him; Rep. Steve Strivers (R-Ohio), chairman of the National Republican Congressional Committee, condemned King for his "completely inappropriate" actions and remarks; and Jonathan Greenblatt, CEO of the Anti-Defamation League, urged House Speaker Paul Ryan (R-Wisc.) to strip King of his subcommittee chairmanship and initiate censure proceedings.

Go deeper

NYC to impose vaccine mandate on private employers

New York City Mayor Bill de Blasio (D) announced a new COVID vaccine mandate for private companies during a Monday interview with MSNBC's "Morning Joe."

Why it matters: De Blasio said it was a "first-in-the-nation measure" and will go into effect starting Dec. 27.

D.C.-Beijing tensions are shifting markets

Illustration: Aïda Amer/Axios

U.S. markets stand to lose $2 trillion in value if D.C. and Beijing drift further apart.

Why it matters: Political chasms are showing up in new securities regulations that put companies and investors in a bind. The rules are also another reflection of how much relations between the world’s largest economies have cooled, even as they remain economically interdependent. 

5 hours ago - Health
Axios Investigates

Documents reveal the secrecy of America's drug pricing matrix

Illustration: Aïda Amer/Axios

American businesses spend hundreds of billions of dollars a year on prescription drugs, and the bills keep getting bigger. But some of the companies promising to help rein in those costs prevent employers from looking under the hood.

Why it matters: Documents provided to Axios reveal a new layer of secrecy within the maze of American drug pricing — one in which firms that manage drug coverage for hundreds of employers, representing millions of workers, obscure the details of their work and make it difficult to figure out whether they're actually providing a good deal.

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