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House GOP freshmen on Jan. 4, with Leader Kevin McCarthy (left) and Rep. Rodney Davis of House Administration Committee. Photo: Tom Williams/CQ-Roll Call via Getty Images

Republicans, long reliant on big business and the rich, see a post-Trump future centered on working class white, Hispanic and Black voters, top GOP officials tell Axios.

Why it matters: This is a substantial shift, born of necessity and the post-Trump reality. It would push Republicans further away from the interests of corporate America and traditional conservative ideas like entitlement reform.

Top Republican officials tell Axios that if the party is going to survive, it needs to copy Donald Trump’s fixation on blue-collar voters in 2016 and working-class and minority voters in 2020 — and ditch, or at least downplay, allegiance to big business. 

  • So instead of Republican leaders talking about reforming Medicare or Social Security, you'll hear them talking about protecting entitlements.
  • Instead of corporate tax cuts, job "stability" will be a campaign theme for House Republicans as they try to win the majority in next year's midterms.

What's happening: Numerous corporations are cutting off money to a big chunk of Republicans who refused to certify the Joe Biden victory.

  • At the same time, Trump showed Republicans how to invigorate not just working-class whites, but also some Hispanic and Black voters, especially men.

The big picture: Recent polling shows Republican voters no longer coalesce around tax cuts and entitlement reforms.

  • Instead, there's a substantial divide — and many signs their future might rest in protecting traditional workers and traditional values.
  • In a YouGov poll of 1,000 Trump 2020 voters for AEI, 42% described themselves as working class — about the same share as evangelical Christians.

Two champions of the new GOP are House Republican Leader Kevin McCarthy of California and Sen. Marco Rubio of Florida, who was chair of the Senate Small Business Committee before Democrats took power last month.

  • McCarthy told Punchbowl News this week that "the American worker" will be one of his three focuses between now and the midterms, along with immigration and "fighting back against socialism."
  • Rubio said in a speech in December that Republicans can capitalize on the current political realignment by being a "pro-worker party."

So you'll see more scenes like this week, when McCarthy is in Texas and will tour an oil rig — in addition to raising money.

Subscribe to Axios AM/PM for a daily rundown of what's new and why it matters, directly from Mike Allen.
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Go deeper

Scoop: Leaked HHS docs spotlight Biden's child migrant dilemma

A group of undocumented immigrants walk toward a Customs and Border Patrol station after being apprehended. Photo: Sergio Flores/The Washington Post via Getty Images

Fresh internal documents from the Department of Health and Human Services show how quickly the number of child migrants crossing the border is overwhelming the administration's stretched resources.

Driving the news: In the week ending March 1, the Border Patrol referred to HHS custody an average of 321 children per day, according to documents obtained by Axios. That's up from a weekly average of 203 in late January and early February — and just 47 per day during the first week of January.

Ben Geman, author of Generate
27 mins ago - Energy & Environment

Mounting emissions data paints bleak picture on Paris climate goals

Illustration: Aïda Amer/Axios

Researchers keep finding new ways to reveal that nations are together showing very few signs of getting on track to meet the Paris Agreement's goals.

One big question: That's whether a spate of recent analyses to that effect, and scientific reports coming later this year, will move the needle on meaningful new policies (not just targets).

Dion Rabouin, author of Markets
2 hours ago - Economy & Business

How the tech stock selloff is hurting average Americans

Expand chart
Data: FactSet; Chart: Axios Visuals

Investors holding the ultra-popular Nasdaq 100 and S&P 500 index funds have been hard hit over the last two weeks as tech shares have been roiled by rising U.S. Treasury yields.

Why it matters: Even though the economy is growing and many U.S. stocks are performing well, most investors are seeing their wealth decline because major indexes no longer reflect the overall economy or even a broad swath of public companies — they reflect the performance of a few of the country's biggest companies.