Senate Intelligence Committee Chairman Richard Burr. Photo: Aaron P. Bernstein/Getty Images

Senate Intelligence Committee Chairman Richard Burr (R-N.C.) told CNN Tuesday that there were "sound reasons" for judges to issue a Foreign Intelligence Surveillance Act (FISA) warrant on former Trump campaign adviser, Carter Page.

Why it matters: Burr's comments, which come after the Justice Department released redacted documents relating to surveillance of Page, put him at odds — again —with House Intel Committee Chairman Devin Nunes (R-Calif.), who led the charge on the controversial memo outlining FISA abuses earlier this year. Nunes and Burr, both Republicans, have consistently been on opposing sides when discussing how to handle Russian election interference.

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Obama: Trump emboldens people to be "cruel and divisive and racist"

Former President Barack Obama. Photo: ALEX EDELMAN / Getty Images

In his first campaign rally appearance on behalf of Joe Biden, former President Barack Obama urged Americans to vote, saying "we can't afford another four years" of a Trump presidency.

Why it matters via Axios' Hans Nichols: With less than two weeks until Election Day, Obama made his case for Biden in Pennsylvania, a state that Trump's campaign knows he needs to win.

Quibi says it's shutting down

Photo: Igor Golovniov/SOPA Images/LightRocket via Getty Images

Quibi, the mobile-only video subscription streaming service, is shutting down, the company announced Wednesday. The company said the decision was made to preserve shareholder equity.

Why it matters: Quibi had struggled to hit its subscriber growth targets amid the global pandemic. The app launched six months ago.

Updated 3 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Politics: Senate Democrats block vote on McConnell's targeted COVID relief bill McConnell urges White House not to strike stimulus deal before election.
  2. Economy: Why the stimulus delay isn't a crisis (yet).
  3. Health: New York reports most COVID cases since MayStudies show drop in coronavirus death rate — The next wave is gaining steam.
  4. Education: Schools haven't become hotspots — San Francisco public schools likely won't reopen before the end of the year.
  5. World: Spain becomes first nation in Western Europe to exceed 1 million cases.